Rushil Decor Limited — Capital/Financing Update 2021

Feb 6, 2021

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RUSHIL DECOR LIMITED

WE'LL MAKE IT

RDL/081 /2020-21 Date: 06.02.2021

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

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

ISIN: INE573K01017

Dear Sir/ Madam,

- Sub: Second and Final Call Money Notice to the Holders of Partly Paid Up Equity Shares of Rushil Decor Limited ("The Company")

In furtherance to the stock exchange intimation L etter No. RDL/076/2020-21 dated January 12, 2021 and Letter No. RDL/077/2020-21 dated January 29, 2021, we would like to inform that the Second and Final Call Money Notice has been sent to all the shareholders of Partly Paid-up Equity Shares of the Company held as on the record date fixed by the Company i.e. January 22, 2021, in relation to payment of call money towards Second and Final call.

For reference, Specimen copy of the Second and Final Call Money Notice which was sent to the shareholders on 05[th ] February, 2021 with specific details is attached herewith.

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

Thanking you

Hasmukh K. Modi Compliance Officer Tele No.: (079) 61400400 Email: ipo@rushil.com

Encl.: as above

••

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

REGO. OFFICE: S. NO. 125, NEAR KALVANPURA PATIA, VILLAGE ITLA, GANDHINAGAR-MANSA ROAD TA. KALOL. DIST. GANDHINAGAR-3a2a45, GUJARAT, INDIA. I CIN: L25209GJ1993PLC019532

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

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RUSHIL DECOR LIMITED

Registered Office: S. No. 125, Near Kalyanpura Patia, Gandhinagar Mansa Road, Kalol, Village Itla, Gandhinagar – 382 845, Gujarat, India Telephone: +91 98 2543 8039

Corporate Office (Address where books of account and papers are maintained): Rushil House, Near Neelkanth Green Bungalow, Off. Sindhu Bhavan Road, Shilaj, Ahmedabad-380 058, Gujarat, India; Telephone: +91 79 6140 0400; and Facsimile: +91 79 6140 0401 Contact Person: Mr. Hasmukh Kanubhai Modi, Company Secretary and Compliance Officer E-mail : ipo@rushil.com; Website: www.rushil.com Corporate Identity Number: L25209GJ1993PLC019532

SECOND AND FINAL CALL MONEY (“FINAL CALL MONEY”) NOTICE TO THE HOLDERS OF PARTLY PAID-UP EQUITY SHARES OF RUSHIL DECOR LIMITED HELD AS ON THE RECORD DATE I.E. January 22, 2021

FOR PAYMENT THROUGH CHEQUE / DD

Last date of Payment: Friday, February 26, 2021 Date: February 05, 2021 CHEQUE/DEMAND DRAFT SHOULD BE MADE PAYABLE TO “RUSHIL DECOR Name: LIMITED RIGHT ISSUE A/C” IN CASE OF RESIDENT SHAREHOLDERS AND Address: NON-RESIDENT SHAREHOLDERS. (PLEASE REFER TO GENERAL INSTRUCTIONS 1 & 2 at page 3 of this Notice.) PAYMENT FOR FINAL CALL MONEY WILL BE ACCEPTED BY YES BANK LTD AT THEIR DESIGNATED BRANCHES (PLEASE REFER TO point number 13 of the GENERAL INSTRUCTIONS at page 4 of this Notice.)

FOR PAYMENT UNDER ADDITIONAL PAYMENT MECHANISM INCLUDING APPLICATION SUPPORTED BY BLOCKED AMOUNT (ASBA) pursuant to SEBI Circular bearing number SEBI/HO/CFD/DIL1/CIR/238/2020 dated December 08, 2020:

Last date for payment under Additional Payment Mechanism including for ASBA Application: Friday, February 26, 2021

In addition to the payment mechanisms provided above, pursuant to the SEBI Circular bearing number SEBI/HO/CFD/DIL1/CIR/238/2020 dated December 08, 2020, Eligible Shareholders may also make the payment for the second and final call money through Additional Payment Mechanism including ASBA. The necessary guidance about the use of Additional Payment Mechanism including ASBA while making payment of final call money is given under the heading titled “General Instructions for Additional Payment Mechanism (i.e. ASBA etc.)” at page 6 of this Notice.

Dear Sir/ Madam,

REF.: ISSUE OF 49,77,111 PARTLY PAID UP EQUITY SHARES OF FACE VALUE OF ₹ 10 EACH OF RUSHIL DÉCOR LIMITED (THE“COMPANY”) FOR CASH AT A PRICE OF ₹ 50 (INCLUDING A PREMIUM OF ₹ 40) PER EQUITY SHARE (“RIGHTS EQUITY SHARES”) FOR AN AMOUNT AGGREGATING UPTO ₹ 2,489 LAKHS ON A RIGHTS BASIS TO THE ELIGIBLE EQUITY SHAREHOLDERS OF THE COMPANY IN THE RATIO OF 1 RIGHTS EQUITY SHARES FOR EVERY 3 FULLY PAID-UP EQUITY SHARES HELD BY SUCH ELIGIBLE EQUITY SHAREHOLDERS ON THE RECORD DATE, THAT IS ON SEPTEMBER 11, 2020 (THE “RIGHTS ISSUE”).

SUB.:

CALL NOTICE IN TERMS OF SECTION 49 OF THE COMPANIES ACT, 2013, AS AMENDED FOR SECOND AND FINAL CALL MONEY (HEREINAFTER REFERRED TO AS “FINAL CALL MONEY”) OF ₹ 25 (CONSISTING OF ₹ 5 TOWARDS FACE VALUE AND ₹ 20 TOWARDS SECURITIES PREMIUM) PER SHARE ON PARTLY PAID UP EQUITY SHARES ALLOTTED PURSUANT TO THE RIGHTS ISSUE ON OCTOBER 15, 2020.

This Final Call Notice has been divided into two parts, in the first part, the payment method and information relating to deposit of Cheque / demand draft in the designated branches of Yes Bank Limited has been mentioned. This payment method was available to the Eligible Equity Shareholders during the First Call Payment period. Securities and Exchange Board of India (“SEBI”) vide its Circular bearing number SEBI/HO/CFD/DIL1/CIR/238/2020 dated December 08, 2020 has introduced additional payment mechanism (i.e. ASBA, etc) for making subscription and/or payment of calls in respect of partly paid up securities, wherein the payment period opens on or after January 01, 2021. Therefore, in addition to the above-mentioned payment mechanism, Eligible Shareholders may make payment towards the pending call money through Additional Payment Mechanism including ASBA. The second part of the Notice contains the necessary guidance and instructions with respect to Additional Payment Mechanism including ASBA under the heading “Additional Payment Mechanism (i.e. ASBA etc.) for payment of Final Call Money”. Out of the total 49,77,111 Partly paid up Rights Equity Shares issued by the Company pursuant to this Rights Issue, it has received the First Call Money towards 45,37,631 Rights Equity Shares before the due date prescribed for the payment of the same. As of date of this Notice, these Rights Equity Shares have been listed on the Stock Exchanges. The Company vide Reminder Notice dated December 29, 2020 issued reminders to the remaining partly paid up Equity Shareholders demanding the first call money within the prescribed time, consequent to which, the Company had received First Call Money towards 2,84,271 Rights Equity Shares. However, as on date of this Notice, these 2,84,271 Rights Equity Shares remain unlisted. Vide this Notice, the Company has called for the money payable towards the Second and Final Call from these 48,21,902 Rights Equity Shares, (being the Rights Equity Shares for which the First Call Money has been received).

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FIRST PART:

In terms of the letter of offer dated September 7, 2020 (“ Letter of Offer ”) filed with BSE Limited and National Stock Exchange of India Limited, (NSE together with BSE hereinafter referred to as the " Stock Exchanges ") for the purposes of listing the Rights Equity Shares of our Company issued pursuant to the Rights Issue. The Rights Equity Shares paid up to the extent of the amount payable at the time of Application, i.e. ₹12.5 (consisting of ₹2.5 towards face value and ₹ 10 towards securities premium) per Rights Equity Share were allotted on October 15, 2020. Subsequently, the First Call Money payable to the extent of ₹12.5 (consisting of ₹2.5 towards face value and ₹ 10 towards securities premium) per Rights Equity Share was called from the shareholders vide First Call Money Notice dated November 12, 2020 read with Remainder Notice issued by the Company for the First Call Money dated December 29, 2020.

In order to make the Rights Equity Shares fully paid up, the Board of Directors in their meeting held on January 12, 2021 has decided to make Second and Final call of ₹ 25 (consisting of ₹ 5 towards face value and ₹ 20 towards securities premium) per Rights Equity Shares issued and allotted pursuant to the Rights Issue of the Company.

The Board of Directors of the Company has fixed Friday, January 22, 2021 as the record date for the purpose of ascertaining the holders of Rights Equity Shares to whom the Final Call Money Notice (“ Record Date ”), for payment of the Final Call Money, would be sent. The Company has also given prior notice of the Record Date to the Stock Exchanges as required. Accordingly, the Final Call Money Notice is hereby given to you to pay the Final Call money as per details given herein below.

Payment of the Final Call money can be sent through cheque/ demand draft payable at par at Ahmedabad in favor of “Rushil Decor Limited Right Issue A/c ” in case of resident shareholders or non-resident shareholders applying on repatriable basis or non-repatriable basis from Friday, February 12, 2021 to Friday, February 26, 2021 (both days inclusive) as per the details mentioned below:

For the Eligible Shareholders who have paid the First Call due towards their Rights Equity Shares, they shall make the payment in the following manner:

following manner:
Final Call Notice Number	Folio Number/ DP Id & Client Id	No. of Rights Equity Shares held as on Record Date	Amount due and payable (₹) Final Call@ ₹25per Rights Equity Share

You are requested to pay the Final Call money on or before Friday, February 26, 2021 (“ Final Due Date ”) failing which the application money and First Call Money paid by you in relation to the Rights Equity Shares may be forfeited at any time after the expiry of the Final Due Date. Further, in accordance with the disclosure included in the Letter of Offer read with the terms of the Articles of Association of the Company, the Rights Equity Shares in respect of which the sum payable in respect of any call remains unpaid, shall be forfeited by the Company at any time after the due date for payment of such call money, after giving prior notice of at least 14 days. Additionally, as per the provisions of the Articles of Association of the Company, you would also not be able to exercise voting rights in respect of the partly paid Equity Shares on which the amount payable by you with respect to the call due has not been paid by the Final Due Date.

Please note that the payment by Cheque or Demand Draft for the Final Call will be accepted by Yes Bank Ltd at their designated branches in the manner provided in the General Instructions at page 3 of this Notice, from Friday, February 12, 2021 to Friday, February 26, 2021. The Final Call money will not be accepted by any of the designated branches of Yes Bank Ltd after Friday, February 26, 2021 . Failure to pay the Final call money as aforesaid shall render the Partly paid Rights Equity shares, including the amount already paid thereon, liable to be forfeited.

All capitalized terms not defined herein would have the same meaning as attributed to them in the Letter of Offer.

Please read carefully the instructions overleaf.

Yours Sincerely, For RUSHIL DECOR LIMITED Hasmukh K. Modi

Company Secretary and Compliance Officer

ACKNOWLEDGEMENT SLIP FINAL CALL MONEY

Received by cheque/ DD no. dated for ₹ drawn on (name of bank & branch) being the payment towards Final Call money for the above Rights Equity Shares. (Details to be filled by the shareholder) Name of the First/Sole Shareholder: Folio no./ DP ID/Client ID: Collecting Bank’s Signature and Stamp No. of Rights Equity Shares: Date: Final Call notice no.: Date:

Note: Cheque subject to realisation

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RUSHIL DECOR LIMITED

Registered Office: S. No. 125, Near Kalyanpura Patia, Gandhinagar Mansa Road, Kalol, Village Itla, Gandhinagar – 382 845, Gujarat, India Telephone: +91 98 2543 8039

Corporate Office: Rushil House, Near Neelkanth Green Bungalow, Off. Sindhu Bhavan Road, Shilaj, Ahmedabad-380 058, Gujarat, India; Telephone: +91 79 6140 0400; and Facsimile: +91 79 6140 0401

Contact Person: Mr. Hasmukh Kanubhai Modi, Company Secretary and Compliance Officer E-mail : ipo@rushil.com; Website: www.rushil.com Corporate Identity Number: L25209GJ1993PLC019532

Date:

Name of First/Sole Shareholder:

Date: Name of First/Sole Shareholder:	Date: Name of First/Sole Shareholder:	Website:www.rushil.comC	Website:www.rushil.comC	orporate Identity Number:L2520	orporate Identity Number:L2520	9GJ199	3PLC019532
Final call Money Notice Number		Folio Number/DP ID & Client ID		No. of Rights Equity Shares held as on Record Date			PAN	Amount due and payable (₹) Final Call @₹25 per Rights Equity Share
Payment details (to be	filled in by the shareholder)
Final Call Money Due (₹)	Cheque/Demand Draft Amount(₹)		Cheque/ Demand Draft No.		Drawn On (Bank & Branch)		Date of Payment	Bank Serial No. (To be filled by the Bank)

GENERAL INSTRUCTIONS FOR PAYMENT THROUGH CHEQUE / DD IN YES BANK LIMITED

1. Shareholders are requested to send cheque/demand draft along with each Final Call money notice. Cheque/demand draft should be made payable to “Rushil Décor Limited Right Issue A/c ” in case of resident shareholders or non- resident shareholders applying on repatriable basis or non-repatriable basis payable at Ahmedabad, and crossed “Account Payee Only”. Further please mention Final Call notice no., folio no./ DP ID no./ client ID no./ no. of Rights Equity Shares at the back of the cheque/ demand draft. Cash payment shall not be accepted.

2. Shareholders who are unable to deposit the Final Call money to Yes Bank Ltd branches may send their money along with the duly completed acknowledgement slip by registered post/speed post to (1) Company’s Registrar i.e. Bigshare Services Pvt. Ltd, 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East),Mumbai, Maharashtra,400059, India; or (2) addressing to Company’s Secretarial Department sitting at the Corporate Office of the Company at Rushil Décor Limited, Rushil House, Near Neelkanth Green Bungalow, Off. Sindhu Bhavan Road, Shilaj, Ahmedabad-380 058, Gujarat, India, quoting full name of the sole/first joint applicant, Final Call notice no., folio no./ DP ID no./ client ID no./ no. of Rights Equity Shares at the back of the cheque/ demand draft so that the same are received on or before last date of payment of Final Call money i.e. Friday, February 26, 2021. The Company or its Registrar will not be liable for any delayed receipt, and reserves the right to reject such delayed receipts.

3. Non-payment of the Final Call money within the Final Due Date will make the Rights Equity Shares liable for forfeiture, including the amount paid thereon, in terms of the provisions of the Articles of Association of the Company and the Letter of Offer dated September 7, 2020.

4. Cheque/ demand draft should be drawn on any bank branch specified in this Final Call money notice. Outstation cheques/bank drafts, cash, money orders and postal orders will not be accepted. No post-dated cheque will be accepted and shall be liable to be rejected.

5. Final Call money notice accepted by the bank is not a final confirmation of the Final Call money acceptance as the same will be subject to checking at the bank and Company.

6. The Final Call money due on the number of Rights Equity Shares held by the investors needs to be paid in full. Investors may please note that no part payment would be accepted and part payment would be treated as non- payment of Final Call money which shall render the Partly paid Rights Equity shares, including the amount already paid thereon, liable to be forfeited.

7. The shareholders may note that the Partly Paid-up Rights Equity Shares of the Company which are listed on BSE Limited and National Stock Exchange of India Limited are suspended from trading with effect from Thursday, January 21, 2021.

8. On payment of the Final Call money in respect of the Rights Equity Shares, the partly paid up Equity Shares shall be converted into Fully paid-up Equity Shares and would be credited to the existing ISIN No. INE573K01017 of Fully paid-up Equity Shares.

9. The process of corporate action for converting the partly paid Equity Shares to the Fully paid up Equity Shares to the Investors’ demat accounts under such fully paid-up ISIN No. is estimated to be completed within two to three weeks from the last date of payment of the Final Call money stipulated under this notice. However, this is subject to the availing necessary approvals from the Stock Exchanges, Depositories etc.

10. In case of non-receipt of the Final Call notice, shareholders can request by email or letter, for the duplicate Final Call money notice to the Registrars to the Rights Issue, Bigshare Services Pvt. Ltd, at 1st floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai- 400 059, Maharashtra, India or may also download from the website www.bigshareonline.com or Company’s Website www.rushil.com . In such a case, however, the shareholder has to fill the Application No., folio no. / DP & client ID, No. of Rights Equity Shares held, amount payable towards the Final Call money and other details which is require to be fill-up in the Form.

11. The shareholder must mention his/her permanent account number (“ PAN ”) allotted under the Income Tax Act, 1961.

12. All correspondence in this regard may be addressed to Registrar to the Issue:

Bigshare Services Pvt. Ltd

• 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai, Maharashtra-400059, India; Telephone : +91 22 6263 8200; Facsimile : +91 22 6263 8299 E-mail : rightsissue@bigshareonline.com; Investor grievance email : investor@bigshareonline.com; Contact Person : Arvind Tandel; Website : www.bigshareonline.com; SEBI Registration No. : INR000001385

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1. COLLECTION BANK BRANCHES FOR RESIDENT AND NON-RESIDEMT APPLICANTS : YES BANK LTD : AGRA : GROUND AND FIRST FLOOR, 116/18, SANJAY PALACE, AGRA -282002, UTTAR PRADESH, Tel: 0562-4049008 : AHMEDABAD: 102/103, CG CENTRE, CG ROAD, AHMEDABAD-380009, GUJARAT, Tel: 0796609922: AMRITSAR: 42,MALL ROAD, NEXT TO RITZ HOTEL, AMRITSAR-143001, PUNJAB, Tel: 0183 – 5031605: AURANGABAD: A7, GROUND FLOOR, AURANGABAD BUSINESS CENTRE, AURANGABAD-431001, MAHARASHTRA Tel: 0240 6619000: BENGALURU: GROUND FLOOR, PRESTIGE OBELISK, MUNICIPAL NO 3, KASTURBA ROAD, BANGALORE-560001, KARNATAKA Tel: 080-30429001: VADODARA: GROUND FLOOR, CORNER SQUARE, RACE COURSE CIRCLE, NEXT TO WEST SIDE/ INOX, BARODA- 390007, GUJARAT, Tel: 0265-6619328: BHAVNAGAR: UNIT NO.G-1, Part G-2 G-3 Of , THE BUILDING KNOWN AS “SILVER ARC”, PLOT NO.9, WAGHAWADI ROAD, BHAVNAGAR-364001, GUJARAT, Tel: 0278-6631001: CHANDIGARH: SHOP CUM OFFICE (SCO) NO 151-152, SECTOR 9C, MADHYA MARG, CHANDIGARH-160017, CHANDIGARH, Tel: 0172-6659114: CHENNAI: UTHAMAR GANDHI SALAI, OPP PARK HOTEL, NUNGAMBAKKAM, CHENNAI- 600034, TAMIL NADU, Tel: 044-66765024: COIMBATORE: MANCHESTER KRISHNA LANDMARK, AVINASHI ROAD, COIMBATORE- 641018, TAMIL NADU, Tel: 0422-6649102: NEW DELHI: 11/48, NYAYA MARG, CHANAKYAPURI, NEW DELHI- 110021, DELHI, Tel: 011-30259035: HYDERABAD: MAYANK TOWERS, SURVEY NO.31 (OLD),31/2 (NEW), RAJ BHAVAN ROAD,SOMAJIGUDA, HYDERABAD- 500082, ANDHRA PRADESH, Tel: 9704018222: INDORE: YES BANK LTD,9/1/1 M.G ROAD,ADJOINING TREASURE ISLAND, INDORE-452001,MADHYA PRADESH, Tel: 0731-4275000, JAIPUR: G2, GROUND FLOOR, GREEN HOUSE, PLOT O-15, ASHOK MARG, JAIPUR- 302001, RAJASTHAN, Tel: 0141-3983820: JALANDHAR: YES BANK LTD, GROUND FLOOR, SATNAM COMPLEX, BMC CHOWK, JALANDHAR -144001, PUNJAB, Tel: 0181 5029064: JODHPUR: GROUND FLOOR,117/4, PWD COLONY, JODHPUR342001, RAJASTHAN, Tel: 9829962324: KANPUR: GROUND FLOOR, PADAM TOWERS 14/113, CIVIL LINES, KANPUR- 208001, UTTAR PRADESH, Tel: 05126710140: KOCHI: YES BANK LTD, FIRST FLOOR, PUTHURAN PLAZA, KPCC JUNCTION, M G ROAD, KOCHI - 682011, KERALA, Tel: 0484-6641009: KOLKATA: RUSSEL STREET, KOLKATA-700017, WEST BENGAL, Tel: 033-39879165: LUCKNOW: TULSI COMPLEX, 12, RANI LAXMIBAI MARG, HAZRATGANJ, LUCKNOW226001, UTTAR PRADESH, Tel: 0522-4099102: LUDHIANA: B-XX/2427/928, GF- FF, GOBIND NAGAR, FEROZEPUR ROAD, LUDHIANA-141001, PUNJAB, Tel: 0161-4689043: MUMBAI: 1 A MITTAL CHAMBERS, NARIMAN POINT OPP INOX THEATRE, MUMBAI- 400021, MAHARASHTRA, Tel: 022-66749000: NAGPUR: GR FLOOR SWAMI SADAN, PLOT NO 206/1 A GPO SQUARE, VIP ROAD CIVIL LINES, NAGPUR-440001, MAHARASHTRA, Tel: 0712-6628822: NASHIK: SHOP NO 9 TO 13, AGORA, CANADA, CORNER, JUNCTION OF SHARANPUR AND, COLLEGE ROAD, NASHIK-422002, MAHARASHTRA, Tel: 2536619000: PANAJI: GROUND AND FIRST FLOOR, PLOT-SANTO AGOSTINHO,18TH JUNE ROAD, OPP HDFC BANK, PANAJI- 403001, GOA, Tel: 0832-6659000-106: PATNA: GROUND FLOOR, RAJENDRA RAM PLAZA, EXHIBITION ROAD, PATNA-800001, BIHAR, Tel: 06123009016: PUNE: KARAN SELEN, BHANDARKAR ROAD, SHIVAJI NAGAR, PUNE-411004, MAHARASHTRA, Tel: 020-30149054: RAJKOT: FIRST FLOOR, NATH EDIFICE, PLOT NO 21/2S, NO.450/C, JCT DR YAGNIK RD AND RACE COURSE RD, RAJKOT-360001, GUJARAT, Tel: 0281 – 6691401: SHIMLA: GROUND LEVEL, TIMBER HOUSE, CART ROAD, SHIMLA-171001, HIMACHAL PRADESH, Tel: 0177 – 6629022: SRINAGAR: UNIT NO 1-6, 2ND FLOOR, M.S. MALL SITE, RESIDENCY ROAD ESTATE, SRINAGAR-190001, JAMMU AND KASHMIR, Tel: 0194-2483132: SURAT: GR FLOOR,MANGALDEEP, RING ROAD, NEAR MAHAVIR HOSPITAL, NEAR RTO, SURAT-395001, GUJARAT, Tel: 0261-6600126, UDAIPUR: YES BANK LTD, 29, GOVERDHAN PLAZA, OPP LOKKLAMANDAL, UDAIPUR - 313002, RAJASTHAN, Tel: 0294-5105731: VISAKHAPATNAM: YES BANK LTD, GROUND FLOOR, SUN TOWER TS NO 1187 OF BLOCK NO 53, WALTAIR MAIN ROAD, VISAKHAPATNAM -530007, ANDHRA PRADESH, Tel: 0891-6623000: BHUBANESHWAR: 31 BAPUJI NAGAR BHUBHANESHWAR-751009, ODISHA, Tel: 9937500891: GUWAHATI: GF AND FF BUILDING NO-115 GOYAL ENCLAVE G.S, GUWAHATI-781005, ASSAM, TEL: 9435031462.

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SECOND PART:

ADDITIONAL PAYMENT MECHANISM (I.E. ASBA ETC.) FOR PAYMENT OF FINAL CALL MONEY:

SEBI vide its Circular bearing number SEBI/HO/CFD/DIL1/CIR/238/2020 dated December 08, 2020 has introduced additional payment mechanism (i.e. ASBA, etc) for making subscription and/or payment of calls in respect of partly paid up securities, wherein the payment period opens on or after January 01, 2021. Therefore, in addition to the above-mentioned payment mechanism, Eligible Shareholders may make payment towards the pending call money through Additional Payment Mechanism including ASBA. For details with respect to the modes of utilizing the additional ASBA payment mechanism, please refer to the heading “ GENERAL INSTRUCTIONS FOR ADDITIONAL PAYMENT MECHANISM (I.E. ASBA ETC.) ” at page 7 of this Notice.

The Eligible Rights Equity Shareholders who desire to make payment towards the balance call money through the Additional payment mechanism other than through deposit of Cheque / Demand draft as mentioned in the First Part of this Notice, have to fill in the Form by providing the relevant details and submitting the same on an online portal of the SCSB or by physically submitting the Form at the nearest branch of the SCSBs. The payment can also be made through the 3-in-1 broker account. For details with respect to the branches of the SCSB, please refer to the heading “ GENERAL INSTRUCTIONS FOR ADDITIONAL PAYMENT MECHANISM (I.E. ASBA ETC.) ” at page 7 of this Notice.

1. NAME AND CONTACT DETAILS OF SHAREHOLDER:

Sole/First Applicant Second Applicant Third Applicant Indian Address Email Tele / Mobile No.

1. PERMENANT ACCOUNT NUMBER (PAN)

Sole/First Applicant Second Applicant Third Applicant

3. TYPE OF SHAREHOLDERS (Please tick  ): Resident Non-Resident

Note: Non-resident shareholders applying on non-repatriation basis should select “Resident”.

4. DEPOSITORY ACCOUNT DETAILS : please provide your DP ID and Client ID (Please tick  for NSDL or CDSL) : For NSDL enter 8 digit DP ID followed by 8 digit Client ID / For CDSL enter 16 digit Client ID

NSDL CDSL

Note: Credit of fully paid-up Rights Equity Shares shall be made in dematerialized form only.

5. APPLICATION DETAILS [Block I]

Final Call Money Notice Folio Number/DP ID No. of Rights Equity Amount due and payable Number & Client ID Shares ( ₹ ) held as on Record Date Final Call @ ₹ 25 per Rights Equity Share

Rights Equity Shares for which amount to be blocked [Block II]

Total Amount Payable ( ₹ in Figures) (refer Block I)

• (₹ in Words) (refer Block I)

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6. PAYMENT DETAILS [IN CAPITAL LETTERS] [to be mentioned as per Block II]

Amount Blocked ( ₹ in Figures) (₹ in Words)

ASBA Bank A/c No.

Name of ASBA Bank Account Holder: ______________

SCSB Name and Address:

---

---

I/We authorise the SCSB to block the amount specified above as part of the ASBA process. I/ We confirm that I/ we are making the payment towards my/our Final Call Money through my/ our bank account only and not using any third party bank account for making such payment. Further, I/we confirm that the ASBA Account is held in my/our own name.

SIGNATURE OF ASBA BANK ACCOUNT HOLDER

____ _____ _______ Sole/First Account Holder Second Joint Account Holder Third Joint Account Holder Note: Signature(s) as per the specimen recorded with the SCSB. In case of joint shareholders, all the joint shareholders must sign in the same sequence as per specimen recorded with the SCSB.

7. SIGNATURE OF APPLICANT(S) / SHAHOLDER(S)

I/We hereby confirm that I/We have read, understood and accept the terms and conditions of this Application Form, Letter of Offer dated September 7, 2020 and any addenda thereto. I/We hereby confirm that I/We have read the Instructions for payment of Final Call Money on my shares.

____ _____ _______ Sole/First Applicant Second Joint Applicant Third Joint Applicant Note: Signature(s) as per the specimen recorded with the Depository. In case of joint shareholders, all the joint shareholders must sign in the same sequence as per specimen recorded with the Depository.

------------------------------------------------------ Tear Here ------------------------------------------------------

RUSHIL DÉCOR LIMITED – RIGHTS ISSUE FINAL CALL MONEY

ACKNOWLEDGEMENT SLIP FOR APPLICANT / SHAREHOLDER

Received from																			Final Call Notice Number
PAN
DP ID and Client ID																			Collecting SCSB’S Sign & Seal
Amount blocked (₹ in figures)						Bank & Branch
ASBA A/c No.																			Date____
Tel. / Mobile No.											Email id:

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GENERAL INSTRUCTIONS FOR ADDITIONAL PAYMENT MECHANISM (I.E. ASBA ETC.)

1. SEBI vide Circular No. SEBI/HO/CFD/DIL1/CIR/238/2020 dated December 08, 2020 has introduced additional payment mechanism for payment of balance money in calls in respect of partly paid-up specified securities issued by a listed entity. 2. The additional payment mechanism introduced for making subscription and/or payment of calls in respect of partly paid equity shares include payment through SCSBs and intermediaries such as Trading Members/ Brokers - having three in one type account. The Additional Channels in details have been tabulated below as per the SEBI Circular for reference purposes:

	Additional Channels for making subscription and/or paying call money	Additional Channels for making subscription and/or paying call money	Additional Channels for making subscription and/or paying call money	Additional Channels for making subscription and/or paying call money	Additional Channels for making subscription and/or paying call money
	Channel I		Channel II		Channel III
	Online ASBA: Through an online portal of the SCSB. The existing process of making payments through ASBA as disclosed in the chapter titled “Terms of the Issue” at page 236 of the Letter of Offer dated September 07, 2020 shall continue. The SCSBs shall send the application to RTA and block funds in shareholders account.		Physical ASBA:Payment can be made by visiting the office/branch of the SCSBs and physically submitting the form and the payment for the balance calls with any of the Designated Intermediaries, along with details of his/her ASBA Account for blocking of funds. The SCSBs shall send the application to RTA and block funds in shareholders account.		Additional Online mode: payment can be made using the facility of linked online trading, demat and bank account (3-in-1 type accounts) provided by Registered Brokers.

Applications should be submitted to the Designated Branch of the SCSB or online/electronic Application through the website of the SCSBs (if made available by such SCSB) for authorising such SCSB to block Application Money payable on the Application in their respective ASBA Accounts. The designated branches shall be fully responsible for reporting of the ASBA Application and ensuring that the fund is blocked in the respective investors account.

In case of Application through ASBA facility, all payments will be made only by blocking the amount in the ASBA Account. Cash payment or payment by cheque or demand draft or pay order or NEFT or RTGS or through any other mode is not acceptable.

For physical Applications through ASBA at Designated Branches of SCSB, signatures should be either in English or Hindi or in any other language specified in the Eighth Schedule to the Constitution of India. Signatures other than in English or Hindi and thumb impression must be attested by a Notary Public or a Special Executive Magistrate under his/her official seal. The Investors must sign the Application as per the specimen signature recorded the SCSB. In case of joint holders and physical Applications through ASBA process, all joint holders must sign the relevant part of the Application Form in the same order and as per the specimen signature(s) the SCSB. In case of joint Applicants, reference, if any, will be made in the first Applicant’s name and all communication will be addressed to the first Applicant.

The Application Form can be used by the partly paid-up Equity Shareholders who have to pay the Final Call Money through Additional channels for making call money payment..

Please note that Applications without depository account details shall be treated as incomplete and shall be rejected. The last date for submission of the duly filled in the Application Form is Friday, February 26, 2021, i.e., Last date for payment of Final Call Money. Our Board or any committee thereof may extend the said date for such period as it may determine from time to time.

The list of banks who have registered with SEBI to act as SCSBs for the ASBA Process is https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=34. For this Issue, following banks would be acting as SCSB: 1. Allahabad Bank 2. Andhra Bank 3. Axis Bank Ltd 4. Bank of Baroda 5. Bank of India 6. Bank of Maharashtra 7. Barclays Bank PLC 8. BNP Paribas 9. Canara Bank 10. Catholic Syrian Bank Limited 11. Central Bank of India 12. CITI Bank 13. City Union Bank Ltd. 14. Corporation Bank 15. DBS Bank Ltd. 16. Dena Bank 17. Deutsche Bank 18. Dhanlaxmi Bank Limited 19. HDFC Bank Ltd. 20. HSBC Ltd. 21. ICICI Bank Ltd 22. IDBI Bank Ltd. 23. Indian Bank 24. Indian Overseas Bank 25. IndusInd Bank 26. J P Morgan Chase Bank, N.A. 27. Janata Sahakari Bank Ltd. 28. Karnataka Bank Ltd. 29. Karur Vysya Bank Ltd. 30. Kotak Mahindra Bank Ltd. 31. Mehsana Urban Co-operative Bank Limited 32. Nutan Nagarik Sahakari Bank Ltd. 33. Oriental Bank of Commerce 34. Punjab & Sind Bank 35. Punjab National Bank 36. Rajkot Nagarik Sahakari Bank Ltd 37. RBL Bank Limited 38. South Indian Bank 39. Standard Chartered Bank 40. State Bank of India 41. SVC Co-operative Bank Ltd. 42. Syndicate Bank 43. Tamilnad Mercantile Bank Ltd. 44. The Ahmedabad Mercantile Co-Op. Bank Ltd. 45. The Federal Bank 46. The Jammu & Kashmir Bank Limited. 47. The Kalupur Commercial Cooperative Bank Ltd. 48. The Lakshmi Vilas Bank Ltd. 49. The Saraswat Co-Opearative Bank Ltd 50. The Surat Peoples Co-op Bank Ltd 51. TJSB Sahakari Bank Ltd 52. UCO Bank 53. Union Bank of India 54. United Bank of India 55. Vijaya Bank 56. YES Bank Ltd 57. DCB Bank 58. Bandhan Bank 59. GP Parsik Sahakari Bank Limited 60. AU Small Finance Bank.

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10. General instructions for Investors

• a) Please read the instructions on the Application Form sent to you.

• b) Application should be made only when payment is being made through the ASBA facility.

• c) Application should be complete in all respects. The Application Form found incomplete with regard to any of the particulars required to be given therein is liable to be rejected.

• d) An Investor, wishing to participate in this Issue through the ASBA facility, is required to have an ASBA enabled bank account with an SCSB, prior to making the Application.

• e) Applications should be (i) submitted to the Designated Branch of the SCSB or made online/electronic through the website of the SCSBs (if made available by such SCSB) for authorising such SCSB to block Final Call Money payable on the Application in their respective ASBA Accounts, or (ii) by physically delivering the application to the nearest branch of SCSB. Applications through ASBA process will be uploaded until 5.00 p.m. (Indian Standard Time) or such extended time as permitted by the Stock Exchanges.

• f) Applications should not be submitted to the Bankers to the Issue or Escrow Collection Bank (assuming that such Escrow Collection Bank is not an SCSB), our Company or the Registrar and the Lead Manager.

• g) In case of Application through ASBA facility, Investors are required to provide necessary details, including details of the ASBA Account, authorization to the SCSB to block an amount equal to the Final Call Money in the ASBA Account mentioned in the Application Form.

• h) All Applicants, and in the case of Application in joint names, each of the joint Applicants, should mention their PAN allotted under the Incometax Act, irrespective of the amount of the Application. Except for Applications on behalf of the Central or the State Government, the residents of Sikkim and the officials appointed by the courts, Applications without PAN will be considered incomplete and are liable to be rejected. With effect from August 16, 2010, the demat accounts for Investors for which PAN details have not been verified shall be “suspended for credit” and no Allotment and credit of Rights Equity Shares pursuant to this Issue shall be made into the accounts of such Investors.

• i) In case of Application through ASBA facility, all payments will be made only by blocking the amount in the ASBA Account. Furthermore, in case of Applications submitted using the optional facility, payments shall be made using internet banking or UPI facility. Cash payment or payment by cheque or demand draft or pay order or NEFT or RTGS or through any other mode is not acceptable for application through ASBA process. In case payment is made in contravention of this, the Application will be deemed invalid and the Final Call Money will be refunded and no interest will be paid thereon.

• j) For physical Applications through ASBA at Designated Branches of SCSB, signatures should be either in English or Hindi or in any other language specified in the Eighth Schedule to the Constitution of India. Signatures other than in any such language or thumb impression must be attested by a Notary Public or a Special Executive Magistrate under his/her official seal. The Investors must sign the Application as per the specimen signature recorded with the SCSB.

• k) In case of joint holders and physical Applications through ASBA process, all joint holders must sign the relevant part of the Application Form in the same order and as per the specimen signature(s) recorded with the SCSB. In case of joint Applicants, reference, if any, will be made in the first Applicant’s name and all communication will be addressed to the first Applicant.

• l) All communication in connection with Application for the Rights Equity Shares, including any change in address of the Eligible Equity Shareholders should be addressed to the Registrar prior to the date of Allotment in this Issue quoting the name of the first/sole Applicant, folio numbers/DP ID and Client ID and Application Form number, as applicable. In case of any change in address of the Eligible Equity Shareholders, the Eligible Equity Shareholders should also send the intimation for such change to the respective depository participant, or to our Company or the Registrar in case of Eligible Equity Shareholders holding Equity Shares in physical form.

• m) Only persons outside restricted jurisdictions and who are eligible to subscribe to the second and Final call towards partly paid up Rights Equity Shares under applicable securities laws are eligible to participate.

• n) Please note that subject to SCSBs complying with the requirements of SEBI Circular No. CIR/CFD/DIL/13/2012 dated September 25, 2012 within the periods stipulated therein, Applications made through ASBA facility may be submitted at the Designated Branches of the SCSBs. Application through ASBA facility in electronic mode will only be available with such SCSBs who provide such facility.

• o) In terms of the SEBI circular CIR/CFD/DIL/1/2013 dated January 2, 2013, it is clarified that for making applications by banks on their own account using ASBA facility, SCSBs should have a separate account in own name with any other SEBI registered SCSB(s). Such account shall be used solely for the purpose of making application in public/ rights issues and clear demarcated funds should be available in such account for ASBA applications.

• Do’s for Investors applying through ASBA:

• a) Ensure that the details about your Depository Participant and beneficiary account are correct and the beneficiary account is activated as the Rights Equity Shares will be Allotted / credited in the dematerialized form only.

• b) Ensure that the Applications are submitted with the Designated Branch of the SCSBs and details of the correct bank account have been provided in the Application.

• c) Ensure that there are sufficient funds (equal to {number of Rights Equity Shares held as on the Record Date} X {Call Money of Rights Equity Shares }) available in ASBA Account mentioned in the Application Form before submitting the Application to the respective Designated Branch of the SCSB.

• d) Ensure that you have authorised the SCSB for blocking funds equivalent to the total amount payable on application mentioned in the Application Form, in the ASBA Account, of which details are provided in the Application and have signed the same.

• e) Ensure that you have a bank account with an SCSB providing ASBA facility in your location and the Application is made through that SCSB providing ASBA facility in such location.

• f) Ensure that you receive an acknowledgement from the Designated Branch of the SCSB for your submission of the Application Form in physical form or plain paper Application.

• g) Ensure that the name(s) given in the Application Form is exactly the same as the name(s) in which the beneficiary account is held with the Depository Participant. In case the Application Form is submitted in joint names, ensure that the beneficiary account is also held in same joint names and such names are in the same sequence in which they appear in the Application Form and the Rights Entitlement Letter.

• Don’ts for Investors applying through ASBA:

• a) Do not submit the Application Form after you have submitted a plain paper Application to a Designated Branch of the SCSB or vice versa. b) Do not send your physical Application to the Lead Manager, the Registrar, the Escrow Collection Bank (assuming that such Escrow Collection Bank is not an SCSB), a branch of the SCSB which is not a Designated Branch of the SCSB or our Company; instead submit the same to a Designated Branch of the SCSB only.

• c) Do not instruct the SCSBs to unblock the funds blocked under the ASBA process.

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