Vakrangee Limited — Capital/Financing Update 2024

Sep 19, 2024

Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 6776 5100

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CIN: L65990MH1990PLC056669

VKL/C&L/2024/49

September 19, 2024

To,

Department of Corporate Relationship Corporate Relationship Department BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Mumbai - 400001 Bandra (East), Mumbai - 400 051 Scrip Code – 511431 Symbol - VAKRANGEE

Dear Sir/Madam,

Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for allotment of 28,50,000 equity shares pursuant to conversion of Warrants.

We refer to our earlier intimation dated March 30, 2024, with respect to allotment of 6,00,00,000 (Six Crores) convertible warrants ("Warrants"), at an issue price of Rs. 27/- per Warrant, each convertible into equal number of equity shares having face value of Re. 1/- each.

In this regard, we wish to inform you that the Warrant Holder have paid the part consideration and have applied for exercising their rights for conversion of warrants into equivalent number of Equity Shares. Consequently, the Board of Directors of the Company through circular resolution passed today, approved the allotment of 28,50,000 equity shares to VandV Trading Private Limited.

The equity shares so allotted shall rank pari-passu with the existing equity shares of the Company in all respects. Consequently, the Issued and Paid-up equity share capital of the Company stands increased to Rs. 108,06,88,207/- consisting of 108,06,88,207 equity shares of Re. 1/- each.

The details as required under Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 are given in Annexure – A to this letter.

Kindly take note of the above information

Thanking you,

Yours faithfully,

For Vakrangee Limited

AMIT VIJAY GADGIL Digitally signed by AMIT VIJAY GADGIL DN: c=IN, o=PERSONAL, title=5553, pseudonym=d1c4d731645648e2bd7846756323dd37, 2.5.4.20=98c6d69eeddb1d172fbc1b83410d80bac86a916ecbcb6aeb18a9b975664efe71, postalCode=400057, st=Maharashtra, serialNumber=9c93d8231afd6a9a378c785fcbe636d6062f3c897e2faec047176b6fc6f3bae7, cn=AMIT VIJAY GADGIL Date: 2024.09.19 14:51:24 +05'30'

Amit Gadgil Company Secretary (ACS: 49442)

Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 6776 5100 CIN: L65990MH1990PLC056669

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Annexure A

Disclosure of Event and Information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI circular SEBI/HO/CFD/CFD‐ PoD‐1/P/CIR/2023/123 dated July 13, 2023.

Sr. No	Particulars		**Description **	**Description **	**Description **	**Description **	**Description **	**Description **	**Description **
1	Type of securities proposed to be issued		Equity Shares pursuant to conversion of warrants.
2	Type of issuance		Preferential allotment, on a private placement basis in accordance with Chapter V of the SEBI ICDR Regulations and other applicable law.
3	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)		Allotment of 28,50,000 Equity Shares of face value of Re. 1/- each upon partial conversion of equal number of Warrants upon receipt of part consideration.
4	In case of preferential issue, exchange(s):		the listed entity shall disclose the following additional details to the stock
a)	Name of Investors and their corresponding subscription of No. ofShares		VANDV Trading Private Limited – 28,50,000
b)	Post Allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors;		Sr No.	Name of proposed Allottee	Pre‐issue Holding		No. of shares to be issued	Shareholding post allotment of shares
					No of Equity Shares	% of Holdings		No of Equity Shares	% of holdings
			1	VandV Trading Private Limited	1,83,16,567	1.70	28,50,000	2,11,66,567	1.96
c)	Issue Price		28,50,000 Equity Shares have been allotted upon receipt of balance consideration. Out of the total 6,00,00,000 warrants, balance 3,88,33,433 Fully Convertible Warrants are outstandingforconversion.
d)	Number of investor		1
e)	In case of convertibles — intimation on conversion of securities or on lapse of the tenure oftheinstrument;		Allotment of 28,50,000 equity shares, having face value of Re. 1/- each, pursuant to the conversion of 28,50,000 of Warrants.

AMIT VIJAY GADGIL Digitally signed by AMIT VIJAY GADGIL DN: c=IN, o=PERSONAL, title=5553, pseudonym=d1c4d731645648e2bd7846756323dd37, 2.5.4.20=98c6d69eeddb1d172fbc1b83410d80bac86a916ecbcb6aeb18a9b975664efe71, postalCode=400057, st=Maharashtra, serialNumber=9c93d8231afd6a9a378c785fcbe636d6062f3c897e2faec047176b6fc6f3bae7, cn=AMIT VIJAY GADGIL Date: 2024.09.19 14:51:52 +05'30'