Tilaknagar Industries Ltd — Capital/Financing Update 2022

May 25, 2022

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May 25, 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

Sub: Addendum to the Notice of Board Meeting

In addition to the notice of the Board Meeting dated May 21, 2022 and pursuant to Regulation 29 (1) of the SEBI LODR regulations, the Board of Directors at its meeting scheduled on May 30, 2022, inter alia, may consider the following –

• a. 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.

• b. To recommend dividend, if any, for the financial year 2021-22 subject to the approval of members at their ensuing Annual General Meeting.

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 Friday, April 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 VARUN Digitally signed by DIPTI VARUN TODKAR TODKAR Date: 2022.05.25 12:21:40 +05'30'

Dipti Todkar

Company Secretary and Compliance officer

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