Urja Global Limited — Capital/Financing Update 2021

Jan 8, 2021

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Date: January 8, 2021

To,	To,
The Manager Listing,	The Manager Listing,
BSE Limited	National Stock Exchange of India
PhirozeJeejeebhoy Towers,	Limited
Dalal Street,	Exchange Plaza,
Fort,	Plot no. C/1, G Block,
Mumbai – 400 023	Bandra-Kurla Complex
	Bandra (E), Mumbai - 400 051
BSE Scrip Code - 526987	Ref: NSE Symbol – URJA

Subject: Outcome of the Board Meeting held on January 8, 2021 Dear Sirs

This is in furtherance to the Company’s meeting of the Board of Directors of the Company (“the Board”) held on Saturday the 27[th] Day of June, 2020, approving the issue of equity shares of face value of ₹1 each (“Equity Shares”) of the Company, by way of a rights issue to the eligible shareholders of the Company for an amount not exceeding ₹25,00,00,000Crores (the “Issue”) in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, read with the relevant circulars issued by the SEBI, in this regard, from time to time (hereinafter referred to as “SEBI ICDR Regulations” and the issue “Rights Issue”).

In relation to the Issue, Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 68 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018the Board had at its meeting held today i.e.Friday, 8[th] January, 2021, has approved the following terms and conditions:

• a) Rights Issue Price : ₹5 per Rights Equity Share (including a premium of ₹4 per Equity Share over face value of ₹ 1 per Equity Share);

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• b) Rights entitlement ratio : 7 Rights Equity Share for every 71 Equity Shares held by eligible shareholders as on the Record Date;

• c) Record date: for the purpose of determining the shareholders eligible to apply for the equity shares in the Rights Issue as Friday, January 15, 2021 (“Record Date”).

d) Rights Issue schedule :

Rights Issue schedule:
Issue opening date	Monday,25th January2021
Issue closing date	Wednesday, 10thFebruary 2021

• e) Other terms of the Rights Issue (including fractional entitlements): To be included in the Letter of Offer to be filed by the Companywith BSE Limited, National Stock Exchange ofIndia Limitedand the Securities and Exchange Board ofIndia.

Further, in terms of SEBI Circular SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020, the Company has made necessary arrangement with NSDL and CDSL for the credits of the Rights Entitlements in dematerialized form in the demat account of the eligible equity shareholders as on the Record Date. The ISIN of such Rights Entitlement is INE550C20012. The Rights Entitlement of the eligible equity shareholders as on the Record Date, shall be credited prior to the issue opening date, in the respective demat account of the eligible equity shareholders under the aforementioned ISIN.

Our Company has also obtained Separate ISIN for partly paid up shares which is IN9550C01010.

The Board further approved the ‘Letter of Offer’ to be filed with the BSE Limited and National Stock Exchange of India Limited and to be submitted with the SEBI. The designated stock exchange in relation to the Right Issue will be the BSE Limited, as approved by the Board.

Further Pursuant to Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, has inter – alia considered and approved the following businesses:

1. Approved the appointment of Ms. Neha Shukla as Group Company Secretary cum Compliance Officer of the Company in place of Ms. Niyukti K. Singh who resigned due to personal reasons with effect from closing hours of Friday, 08[th] January, 2021.

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The meeting commenced at 11.00 a.m. and concluded at 05:30 p.m. Hrs.

The above information is also available on the Company’s corporate website i.e. http://urjaglobal.in/.

Kindly take the same on record.

Thanking You,

Yours faithfully,

For URJA GLOBAL LIMITED

Digitally signed by DHEERAJ DHEERAJ KUMAR KUMAR SHISHODIA SHISHODIA Date: 2021.01.08 18:11:11 +05'30' ___________________________________ DHEERAJ KUMAR SHISHODIA Managing Director

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