Uravi Defence and Technology Limited — Proxy Solicitation & Information Statement 2024

Apr 19, 2024

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Date: - April 19, 2024

To, To, National Stock Exchange of India Limited BSE Limited. Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai - 400 051 Mumbai – 400 001 NSE Symbol: URAVI Scrip Code: 543930

Subject : Corrigendum to the Postal Ballot Notice of Uravi T And Wedge Lamps Ltd circulated to shareholders on April 17, 2024.

Reference : Our earlier Intimation dated April 17, 2024 for Postal Ballot Notice .

Dear Sir/Madam,

This is in continuation to the Notice of Postal Ballot of the Company dated April 15, 2024, which has already been emailed to all the shareholders of the Company on April 17, 2024. A Corrigendum is being issued today to inform to all the Shareholders to whom the Notice of Postal Ballot has been sent regarding changes in the Notice and Explanatory Statement.

A copy of detailed Corrigendum is enclosed herewith. The said Corrigendum is also being published in the respective newspapers and also being uploaded on the website of the Company. Except as detailed in the attached Corrigendum, all other items of the Postal Ballot Notice along with Explanatory Statement dated April 15, 2024, shall remain unchanged. This Corrigendum will also be available on the Website of the Company at https://www.uravilamps.com. Please note that on and from the date hereof, the Postal Ballot Notice dated April 15, 2024 shall always be read collectively with this Corrigendum.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we kindly request you to take into record the above submissions and the attached Corrigendum. Kindly take the same on your records.

For and on behalf of Uravi T and Wedge Lamps Limited

Digitally signed by KAUSHIK KAUSHIK DAMJI GADA DAMJI GADA Date: 2024.04.19 11:35:41 +05'30'

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Kaushik Damji Gada Whole-time Director & CFO DIN: 00515876 Place: Mumbai

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CORRIGENDUM TO THE POSTAL BALLOT NOTICE DATED 15[th] APRIL, 2024

To,

The Shareholders of URAVI T and Wedge Lamps Limited.

Uravi T and Wedge Lamps Limited (“Company”) had issued a Postal Ballot Notice dated 15[th] April, 2024 together with the explanatory statement to the shareholders of the Company, pursuant the provisions of Section 110 read with Section 108 and other applicable provisions, if any, of the Companies Act, 2013, read with Rule 22 of the Companies (Management and Administration) Rules, 2014, (including any statutory modification or re-enactment thereof, for the time being in force), Secretarial Standard on General Meetings (SS-2), and other applicable laws and regulations, for seeking approval of shareholders of the Company by way of special resolutions through remote e- voting by way of postal ballot process.

This corrigendum is being issued in continuation of the postal ballot notice dated 15[th] April, 2024 to the shareholders of the Company to provide altered details in the explanatory statement of the said postal ballot notice.

The Existing content shall stand replaced with the following content:

• The offer price of the equity share warrant was erroneously disclosed as Rs. 300/- (Rupees three hundred only) in the resolution and the explanatory statement of the said postal ballot notice. The revised ‘minimum issue price’/ ‘issue price’ of the said equity share warrants will be Rs. 330/- (Rupees three hundred and thirty only).

• Point No. 2 will be read as Up to 15,00,000 Warrants, convertible into 15,00,000 equity shares of face value of Rs. 10/- each, to be issued at a minimum issue price of INR 330/- per Share Warrant (including premium of INR 320 on face value) (“Minimum Issue Price”).

• Point no 3 will be reas as The per share warrant price is determined on the basis of the valuation report received from the registered valuer, ValuGenius Advisors LLP, in accordance with the provisions of Chapter V of SEBI (ICDR) Regulations, 2018.

The Issue Price is higher than the floor price prescribed under Reg. 164 of SEBI (ICDR) Regulations.

• The revised the aggregate amount of consideration will also be revised to 49,50,00,000 (Rupees forty-nine crore fifty lakhs only) from Rs. 45,00,00,000 (Rupees forty-five crore only)

• Point No.4 will of the explanatory statement ‘ Name of the registered valuer ’ will be revised to ValuGenius Advisors LLP, Registered Valuer Entity IBBI Registration No. IBBI/RVE/07/2023/197, Address: 401, Purva Plaza, opp. Adani Electricity, Shimpoli Road, Borivali West, Mumbai 400 092 Email: jainam@ValuGenius.in

The same will also be available on the website of the Company at www.uravilamps.com National Securities Depository Limited at www.evoting.nsdl.com and on the websites of the Stock Exchanges i.e. BSE Limited at www.bseindia.com and National Stock Exchange Limited at www.nseindia.com.

This corrigendum should be read in continuation of and in conjunction with the said Postal Ballot notice. All other contents of the said notice, save and except as amended/ modified by this Corrigendum, shall remain unchanged.