VSF Projects Limited — Capital/Financing Update 2024

Jun 25, 2024

Date: 25-06-2024

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To

The BSE Ltd,

Listing Department 25th Floor, PJ Towers, Dalal Street Mumbai–400 001

Dear Sir/Madam,

Sub: Outcome of the Rights Issue Committee meeting pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Rights issue of equity shares of the VSF Projects Limited ("Company").

Scrip code: 519331

With reference to captioned subject and in furtherance of Rights Issue of the Company, this is to inform you that in terms of the Letter of Offer dated 25[th] May, 2024 and in accordance with the Basis of Allotment finalized in consultation with BSE Limited (Designated Stock Exchange), and the Registrar to the Issue, the Rights Issue Committee of the Board of Directors of the Company has, at its meeting held on today, i.e. Tuesday, 25[th] June, 2024, approved the allotment of 98,65,121 Partly paid Rights Equity Shares at an issue price of Rs. 50/- per Equity Share (including a premium of Rs. 40/- per Equity Share) of which Rs. 25/- per Equity Share (Rs. 5/- per share has been paid-up on application as share capital and Rs.20/- as a premium per equity share) to all the eligible equity shareholders (“Allotment”) and the balance amount shall be payable in one or more tranches as may be decided by the Board / Rights Issue Committee from time to time.

Consequent to the said allotment, paid-up equity share capital of the Company shall be as follows:

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Particulars Number of Shares Amount in ₹
Equity Shares of Rs. 10 Each (Fully 65,76,747 6,57,67,470/-
Paidup)
Equity Shares of Rs. 10 Each (Partly 98,65,121 4,93,25,605/-
paidup (Rs. 5.00 paid up)
Total 1,64,41,868 11,50,93,075/-
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NARAYANA Digitally signed by NARAYANA MURTHY MURTHY BOBBA Date: 2024.06.25 BOBBA 20:16:19 +05'30'

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The Meeting was commenced at 7.15 P.M and concluded at 8.00 P.M.

We request you to kindly take the above information on record.

The same shall be uploaded on the website of the company www.vsfproject.com. This is for your information and dissemination on your website.

Thanking you Yours faithfully

For VSF Projects Limited NARAYANA Digitally signed by NARAYANA MURTHY MURTHY BOBBA Date: 2024.06.25 BOBBA 20:16:45 +05'30' Narayana Murthy Bobba Managing Director DIN: 00073068

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