Sanrhea Technical Textiles Ltd. — Capital/Financing Update 2025

Feb 13, 2025

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Date: 13.02.2025

To,

BSE limited Department of Corporate Servic e s P J Towers, Dalal Street, Mumbai - 400001. Security Code : 514280

Dear Sir/Madam,

Subject : Outcome Of Board Meeting

Pursuant to Regulation 30 read w ith Schedule III of the SEBI Listing Regula t ions, we would like to inform you that a meeting of th e board of directors of the Company was held today i.e. Thursday, 13th February, 2025, has inter - alia, considered and approved the propo s al of raising funds to Issue, offer and allot 690000 ( S ix Lakh Ninety thousand) equity shares of f ace value of Rs. 10/each fully paid-up, on a preferential basis, to the allottees, as mentioned in A nnexure 1 (“Proposed Allottees”), at a price of Rs. 52/per equity share, amounting to Rs. 3,58,80,000/-. (Rupees Three Crore Fifty Eight Lakh Eighty Thousand only) (“Preferential Issue”), in accordance with the applicable provisions of the Co m panies Act, 2013 and SEBI ICDR Regulatio n s, and also subject to approval of the shareholders of the ‘Company’.

Further, the Board of Directors of the Company has approved a process of carrying out Postal Ballot to seek approval of the s h areholders of the Company for issuance a nd allotment of equity shares by way of preferential is s ue to the Proposed Allottees. Also, the B o ard has approved the draft Postal Ballot Notice to be i s sued to the shareholders for seeking their a p proval for Preferential Issue.

The information pursuant to Re g ulation 30 of the SEBI Listing Regulations r e ad with SEBI Circular No. CIR/CFD/CMD/4/2015 date d September 9, 2015 is enclosed as Annexure I to this letter.

The Meeting of the Board of Directors held today commenced at 10:30 a .m. and concluded at 11:30 a.m.

Kindly take the same on your re c ord.

Yours Faithfully,

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Encl. : As Above

Corporate Office & Works : Dr. Ambedkar R oad, Kalol (N.G.) 382721. Phone : (02764) 2252 0 4, 227831 Fax : (02764) 227696. Regd. Office : Parshwanath Ch a mbers, 2nd Floor, Nr. New RBI, Income Tax, Ah m edabad – 380 014. Tel. Fax : (079) 27545646 Email : sanrhea@gmail.com Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309

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Annexure I

Issuance of Equity Shares:

Details		Disclosure	Disclosure	Disclosure	Disclosure	Disclosure
Type of securities proposed to be issued		Equity Shares
Type of issuance		Preferential Allotment
Total number of securities proposed to be issued and the total amount for which the securities will be issued		Upto 690000 Equity Shares of the Company at Rs. 52/- (including a premium of Rs. 42/- per Equity Share) aggregating to Rs. 3,58,80,000/-.
Name, number of the Investors and total for which the securities will be issued		1. Mr. Tushar Patel - Rs. 1,50,80,000/- 2. Mrs. Tejal Patel - Rs. 2,08,00,000/-
Post allotment of securities – outcome of the subscription, issue price / allotted price, number of investors; In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument		a) Outcome of allotment
		Name of Investor	Pre-Preferential Allotment		Post Preferential Allotment*
		Mr. Tushar Patel	1485272	29.71	1775272	31.20
		Mrs. Tejal Patel	786028	15.72	1186028	20.84
		b) Issue Price: Rs. 52/- per share Price is determined in terms of SEBI (Issue of Disclosure Requirements) Regulations, 2018). c) Number of Investors: 2(Two)

Corporate Office & Works : Dr. Ambedkar Road, Kalol (N.G.) 382721. Phone : (02764) 225204, 227831 Fax : (02764) 227696. Regd. Office : Parshwanath Chambers, 2nd Floor, Nr. New RBI, Income Tax, Ahmedabad – 380 014. Tel. Fax : (079) 27545646 Email : sanrhea@gmail.com Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309