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Rushil Decor Limited Capital/Financing Update 2022

Aug 6, 2022

61709_rns_2022-08-06_9992ec6d-4623-4c1c-9ef3-26887adb7167.pdf

Capital/Financing Update

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RUSH IL DECOR LIMITED

RDL/032/2022-23 Date: 06.08.2022

WE'LL MAKE IT

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 BSE SCRIPT CODE: 533470

ISIN: INE573K01017

Dear Sir,

Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sub.: Raising of fund through Rights Issue of Equity Shares of Rushil Decor Limited ("the Company")

In pursuance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Board of Directors at its meeting held on 6[th ] August, 2022 considered and approved the following:

  1. Raising of fund by issuance and allotment of equity shares up to an amount not exceeding Rs. 200 Crores (Rupees Two Hundred Crores Only) including premium, by way of issue of equity shares through rights issue in accordance with applicable laws including Companies Act, 2013 and the rules made thereunder and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended up to date;

  2. Reconstitution of Fund-Raising Committee for finalising the terms of the proposed issues, from time to time, and to appoint necessary professionals, experts, merchant bankers, legal advisors, other intermediaries for fund raising;

The Meeting was commenced at 3:15 PM and concluded at 6 : 20 PM.

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

Thanking You,

ompany Secretary

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

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

PH: +91-79-61400400 I FAX: +91-79-61400401 I EMAIL: [email protected] I WWW.RUSHIL.COM