SVP GLOBAL TEXTILES LIMITED — Capital/Financing Update 2021

Mar 6, 2021

SVP GLOBAL VENTURES LIMITED 97, Maker Tower "F", Email: contact@pittie.com ———— CIN : L17290MH1982PLC026358 Website : www.svpglobal.co.in

To, Date: 06" March, 2021 The Department of Corporate Services, BSE Limited P.J. Towers, Dalal Street, Mumbai - 400 001

Scrip Code: 505590

Sub. : Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations")

Dear Sir / Madam,

We wish to inform you that pursuant to the approval granted by the Members of the Company through postal ballot and in accordance with the in-principle approval granted by the BSE Limited (vide its letter reference no. DCS/PREF/BA/PRE/1045/2020 -21 dated 24* February, 2021) and upon receipt of initial warrant subscription amount equivalent to 25% of the warrant issue price as prescribed under SEBI (Issue of Capital & Disclosure Requirements) Regulation, 2018 ("ICDR Regulations") for allotment of equity warrants, the Share Allotment Committee of the Company has inter-alia considered and allotted 7619040 (Seventy Six Lakhs Nineteen Thousand Forty) equity warrants each convertible into equivalent number of Equity Shares of face value of Rs. 1/- each (the "Equity Shares") at a price (including the equity warrant subscription price and the equity warrant exercise price) of Rs. 105/- each (including Premium of Rs. 104/- per Warrant) aggregating to Rs. 19,99,99,800/- ( Rupees Nineteen Crores Ninety Nine Lakhs Ninety Nine Thousand Eight Hundred Only) (25% of the issue price) to Shri Vallabh Pittie Ventures Private Limited, a Promoter Group entity, on preferential basis.

It may be further noted that the Warrant holder can make payment of balance 75% of the warrant issue price, any time within a period of 18 months from the date of allotment of the Equity Warrants in one or more tranches. Upon receipt of the balance 75% of the warrant issue price against the specific number of Equity Warrants, the said number of Equity Warrants will be converted and allotment of equivalent number of equity shares will be effected.

As the Company has allotted equity warrants, currently there is no changes in the paid up share capital of the Company.

The same may kindly be taken on your records.

Thanking you,

Yours faithfully,

For SVP GLOBAL VENTURES LIMITED VEA eS

Pravedh Shelley Director (DIN: 01922237) oy | MUMBa;