Rushil Decor Limited — Capital/Financing Update 2021

Jan 12, 2021

••• ••• •••

DECOR LIMITED

RUSHIL

RDL/076/2020-21 Date: 12.01.2021

WE'LL MAKE IT

To, National Stock Exchange of India Ltd. Exchange Plaza, Sandra - Kurla Complex, Sandra (E), Mumbai - 400 051 NSE EQUITY SYMBOL: RUSHIL / RUSHILPP1

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 SCRIPT CODE: 533470 / 890150

ISIN: INE573K01017 / IN9573K01023

Dear Sir/ Madam,

Sub: Intimation under Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "SEBI Listing Regulations"), in relation to payment of call money towards Second and Final call on the partly paid up rights equity shares held by the shareholders of Rushil Decor Limited (the "Company") and fixation of the Record Date.

The Board of Directors of the Company at their meeting held today, i.e. 12[th ] January, 2021 in accordance with the disclosures made in the Letter of Offer dated y[!h ] September, 2020 (the "Letter of Offer") and in compliance with the provisions of the Companies Act, 2013 and the rules framed thereunder, the rules and regulations framed by the Securities and Exchange Board of India, Articles of Association and other applicable laws, has inter-alia:

1. Decided to make Second Call as well as Third Call (Final Call) as together.

2. Decided to issue the Notice of Second and Final Call for receipt of Second and Final Call money of Rs. 25 (consisting of Rs.5 towards the face value and Rs.20 towards Securities Premium) per Rights Equity Share issued and allotted pursuant to the Rights Issue of the Company.

3. Fixed 22[nd ] January, 2021 as the Record Date for the purpose of determining the shareholders of the Rights Equity Shares to whom the call notices will be dispatched for payment of the Second and Final call on the Rights Equity Shares.

4. Decided the last date for payment of Second and Final Call for the eligible equity shareholders is 17[th ] February, 2021 (the Board of Directors may from time to time, at its discretion, extend the time fixed, for the payments of the Ca//).

Further, in accordance with the disclosures included in the Letter of Offer, the Rights Equity Shares in respect of which the Second and Final Call payable remains unpaid

==> picture [112 x 40] intentionally omitted <==

==> picture [129 x 54] intentionally omitted <==

----- Start of picture text ----- ••----- End of picture text -----

RUSHIL DECOR LTD .. RUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW, OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA. REGO. OFFICE: S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR-MANSA ROAD, TA. KALOL, 01ST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN: L25209GJ1993PLC019532

PH: +91•79-61400400 I FAX: +91-79-61400401 I EMAIL: INFO@RUSHIL.COM I WWW.RUSHIL.COM

••• ••• •••

RUSHIL DECOR LIMITED WE'LL MAKE IT

may be forfeited at any time after the last date for payment of the Second and Final call amount due.

We request you to take the above information on record.

We also wish to bring to the notice of the Exchange that the Board Meeting commenced at 11: 15 AM and concluded at 12: 15 PM today.

Please take the same in your record and do the needful.

The same will be available on the website of the Company.

Thanking you.

==> picture [65 x 62] intentionally omitted <==

Yours Faithfully, For, Rushil Deco[r{i)n] ited fv1 u j �- I<;--___

Hasmukh K. Modi Company Secretary

==> picture [130 x 53] intentionally omitted <==

----- Start of picture text ----- ••----- End of picture text -----

RUSHIL DECOR LTD., RUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW, OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA.

PH: -t-91-79-61400400 I FAX: -t-91-79-61400401 I EMAIL: INFO@RUSHIL.COM I WWW.RUSHIL.COM

REGD. OFFICE: S. NO. 125. NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR-MANSA ROAD, TA. KALOL, DIST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN: L25209GJ1993PLC019532