SEPC LIMITED — Capital/Financing Update 2023

May 2, 2023

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The National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Bandra-Kurla Complex, Mumbai-400 051 NSE Symbol - SEPC

BSE Limited 14[th] Floor, PJ. Towers, Dalal Street, Mumbai-400 001 Scrip Code: 532945

02[nd] May, 2023

Dear Sir/Madam,

Sub: Outcome of the Rights Issue Committee of SEPC Limited (the “Company”) under - Regulation 30 of the SEBI (LODR) Regulations 2015 Outcome of Rights Issue Committee - Meeting Allotment of Equity Shares on Rights Basis.

This is in furtherance to the previous intimation letters submitted by the Company, in respect of its proposed issue of Equity Shares on a rights basis (“Rights Issue”).

We hereby inform you that, in accordance with (i) the Letter of Offer dated March 23, 2023, and (ii) the Basis of Allotment finalised in consultation with the Registrar to the Issue and BSE Limited, (the Designated Stock Exchange for the Rights issue), the Rights Issue Committee of the Board of Directors of the Company has, at in its meeting held today, i.e., May 02, 2023, approved the allotment of 4,99,00,000 fully paid-up Equity Shares of face value of ₹ 10/- each on a rights basis, at an issue price of ₹ 10 per Equity Share (including premium of ₹ NIL per Equity Share) to the eligible applicants.

The meeting of the Rights Issue Committee commenced at 10.30 A.M and completed at 11.00 A.M

Kindly take the same on record and acknowledge receipt.

Thanking you,

Yours Faithfully, For SEPC Limited

Digitally signed by T. T. Sriraman Sriraman Date: 2023.05.02 11:20:29 +05'30'

T. Sriraman

Company Secretary & Compliance Officer

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