Tilaknagar Industries Ltd — Capital/Financing Update 2022

Nov 6, 2022

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November 6, 2022

To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, Dalai Street, Bandra-Kurla Complex, Bandra (East), Mumbai 400001 Mumbai-400 051 Scrip Code : 507205 Symbol : TI

Ref.: Our letter dated November 03, 2022 Sub.: Intimation of Board Meeting

In continuation of our earlier letter dated November 03, 2022 and pursuant to Regulation 29 (1) of the SEBI LODR regulations, we would like to inform that the Board of Directors at its meeting scheduled on November 10, 2022, inter alia, may consider a proposal for issue of equity shares and/ or convertible securities including warrants by way of preferential issue, in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013, as amended, subject to such statutory/ regulatory approvals as may be required.

The Board may also consider convening an extra ordinary general meeting / postal ballot process to seek approval of shareholders in respect of the aforesaid proposal of fund raising, as required by the law.

Pursuant to the Company's Code of Conduct for Prevention of Insider Trading, the Trading Window for dealing in the Company's Equity Shares is already closed from Saturday, October 01, 2022 for all Designated Employees of the Company and their immediate relatives and will open 48 hours after the aforesaid financial results are declared to the Stock Exchanges.

The above notice is available on the website of the Company www.tilind.com

Kindly acknowledge the receipt and take the same on your record.

Thanking you,

Yours faithfully,

For Tilaknagar Industries Ltd.

DIPTI Digitally signed by DIPTI VARUN VARUN TODKAR TODKAR Date: 2022.11.06 15:03:37 +05'30' Dipti Todkar Company Secretary

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