SPML Infra Limited — Board/Management Information 2021

Feb 25, 2021

25th February, 2021

To, National Stock Exchange Exchange Plaza, Plot No. C/1, G Block, Bandra (E), Mumbai-400051

(NSE Scrip Code: SPMLINFRA)

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400001

(BSE Scrip Code: 500402)

Sub: Intimation of the Outcome of the Board Meeting

Dear Sirs,

With reference to the captioned subject and in terms of the Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company in their Meeting held on 25th February, 2021, interalia, has considered and approved the following business items:

• 1. Issuance of 40,72,253 Equity Shares of Face Value of Rs.2/-each at a price of Rs.32/-each to the Promoter Group against the conversion of Loan as standing in the books of the Company in accordance with the terms of conversion, subject to the approval of the Members in the General Meeting of the Company.
• 1. Approval of the SPML ESOP Scheme 2021 upon recommendation received from Compensation Committee subject to the approval of the Members in the General Meeting of the Company.
• Convening an Extraordinary General Meeting (EOGM) of the Company on 25th day of the March, 2021 to approve 3. the issuance of equity shares to Promoter Group against the conversion of Loan as standing in the books of the Company and approval of the SPML Employee Stock Option Scheme 2021

You are kindly requested to take the above on record.

Thanking you,

Chairman & Wholetime Director DIN: 00464390

SPML INFRA LIMITED

CIN: L40106DL1981PLC012228 22, Camac Street, Block - A, 3rd Floor, Kalkata - 200 016 Tel: 91-033-4009 1200, Fax No.: 033- 4009 1303 E-mail : info@spnil.co.in, Website : www.spml.co.inRegd. Office : F-27/2, Okhia Industrial Area, Phase-II New Defai-110020