VSF Projects Limited — Capital/Financing Update 2023

Aug 4, 2023

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Date: 04.08.2023

To The Corporate Relations Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001.

Dear Sir,

Sub: Intimation on the Outcome of meeting of the Rights Issue Committee under Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

REF: Scrip code: 519331.

Further to our intimation dated 26[th] April, 2023 regarding approval of the Board of Directors of the Company for offer and issuance of fully paid up Equity Shares of the Company for an amount not exceeding Rs 49.50 Cr , by way of Rights Issue to the eligible Equity Shareholders of the Company in accordance with the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws, we are pleased to inform you that the Rights Issue Committee of the Board at their meeting held on 04[th] August, 2023 has approved the Draft Letter of offer ( “DLOF” ) in relation to the aforesaid Rights Issue. The DLOF is being filed by the Company with BSE for seeking in principle approval for the proposed Rights Issue offering.

This is for your information and records

Thanking You Yours Faithfully For VSF Project Limited

NARAYANA Digitally signed by NARAYANA MURTHY BOBBA MURTHY BOBBA Date: 2023.08.04 15:59:08 +05'30'

Bobba Narayana Murthy Managing Director DIN: 00073068

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