Tilaknagar Industries Ltd — Share Issue/Capital Change 2023

Jan 3, 2023

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January 03, 2023

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalai Street, Mumbai 400001 Scrip Code : 507205

To,

National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra-Kurla Complex, Bandra (East), Mumbai-400 051. Symbol : TI

Dear Sir/ Madam,

Subject : Outcome of Circular Resolution passed by the Board of Directors of the Company on January 03, 2023

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), we wish to inform you that the Board of Directors of the Company vide circular resolution passed on January 03, 2023 has considered and approved the allotment of 34,02,777 equity shares of Rs. 72/- each upon conversion of warrants to Investors (Non-Promoter Group) as follows:

1. 16,66,666 Equity Shares of face value Rs. 10/- each for cash at a price of Rs. 72/- per equity share (including a premium of Rs. 62/-per equity share) for an amount aggregating to Rs. 8,99,99,964/- to Mr. Amireddy Jaipal Reddy, Investor (Non-Promoter Group) consequent upon exercise of option to convert 16,66,666 warrants of Rs. 72/- per warrant (including a premium of Rs. 62/per warrant) into equity shares and upon receipt of full subscription amount.

2. 17,36,111 Equity Shares of face value Rs. 10/- each for cash at a price of Rs. 72/- per equity share (including a premium of Rs. 62/-per equity share) for an amount aggregating to Rs. 9,37,49,994/- to S.S Spirits LLP, Investor (NonPromoter Group) consequent upon exercise of option to convert 17,36,111 warrants of Rs. 72/- per warrant (including a premium of Rs. 62/- per warrant) into equity shares and upon receipt of full subscription amount.

The equity shares allotted as mentioned above shall rank pari-passu in all respect with existing equity shares of the Company.

The application for listing and trading approval of the Stock Exchanges for the equity shares allotted as above shall be made in due course.

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Consequent upon the above allotment of equity shares, the paid-up equity share capital of the Company stands increased as follows:

Sr. No.	Particulars	No. of Equity Shares	Amount (in Rs.)
1.	Existing paid-up Equity Share Capital	18,18,34,143	181,83,41,430
2.	Post Allotment paid-up EquityShare capital	18,52,36,920	185,23,69,200

Kindly take the same on your record.

Thanking you,

Yours faithfully,

For Tilaknagar Industries Ltd.

DIPTI Digitally signed by DIPTI VARUN VARUN TODKAR TODKAR Date: 2023.01.03 18:18:54 +05'30' Dipti Todkar Company Secretary

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