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Spectrum Electrical Industries Limited Capital/Financing Update 2024

Feb 13, 2024

59097_rns_2024-02-13_23aa358c-5995-4812-8bf9-eab9624f1f39.pdf

Capital/Financing Update

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==> picture [37 x 40] intentionally omitted <==

Date: February 13, 2024

To, The Manager, Listing Compliance Department, The National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot C/1 Block, Bandra Kurla Complex, Bandra (E), Mumbai (MH) – 400051 IN.

NSE Symbol: SPECTRUM ISIN: INE01EO01010

Sub: Qualified Institutions Placement of Equity Shares of face value Rs. 10 each (“Equity Shares”) (such placement, the “Issue”) by Spectrum Electrical Industries Limited (the “Company”) under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”) and Sections 42 and 62 of the Companies Act, 2013, as amended.

We wish to inform you that the Fund Raising Committee at its meeting held today i.e. Tuesday, February, 13, 2024, has, inter alia, passed the following resolutions:

  1. Approved and adopted the Placement Document dated 13[th] February, 2024

  2. Approved and Finalized the Confirmation of Allocation Note (CAN) to be sent to the eligible qualified institutional buyers, intimating them of allocation of equity shares pursuant to the issue.

The meeting of the Committee commenced at 11.10 P.M. and concluded at 11.35 P.M.

We request you to kindly take this on records and the same be treated as compliance under the applicable regulations of the SEBI Listing Regulations.

Yours faithfully,

For spectrum electrical industries limited

Digitally signed by Rahul Vasant Lavane DN: c=IN, o=Personal, Rahul Vasant 2.5.4.20=757dbc41c9f70534dee5022df1489e154ee97bf732cda845c300beddab6ee0e3, postalCode=425301, st=Maharashtra, serialNumber=bab915bb73744ab497fd986 Lavane c217cc4adab3c4a320bf8c9ebe6a9982a7a0ae6f0, cn=Rahul Vasant Lavane Date: 2024.02.13 23:43:12 +05'30' Rahul Lavane Company Secretary and Compliance Officer Jalgaon M. No. A57240

Spectrum Electrical Industries Limited______________________________________________________ Regd. Office : Gat No. 139/1 & 139/2, Umala, Jalgaon, Maharashtra – 425003, India. Tel.: 0257-2210192 Website : www.spectrum-india.com Email: - [email protected] CIN No. L28100MH2008PLC185764