WONDER ELECTRICALS LIMITED — Capital/Financing Update 2021

Aug 23, 2021

FORMERLY KNOWN AS WONDER FIBROI',4ATS PW. LTD.

REGISTERED OFFICE| 45, GROUND FLOOR, OKHLA INDUSIRIAL ESTATE, PHASE t, NEW DELHT 110020 PHONE 011-660s89s2

CINi 131900D12009P1C195174

WWW,WON DERFI BROI\4ATS,COI\4

Date: 23'd August, 20i1

, To,

The Manager National Stock Exchange oflndia Limited (NSE) Exchange Plaza, C-1, Block G, Banda Kurla Complex, Bandra @), Mumbai-400051

ISIN: INE02WG01016 SYMBOL: WFL

In Ref: Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

Dear Sir/IVladam

With reference to the above captioned subject matter, This is to inform you that Board of Directors of tlre company in its meeting held at the registered office of the company on 23'd August, 2021 ha'd inter-alia, considered and approved the following matters: -

• 1. Increase in Authorised Share Capital of the Company from Rs. 10,00,00,000/- (Rupees Ten Crores) consisting of 1,00,00,000 (One Crore) Equity Shares of Rs' 10/- (Rupees Ten) each to Rs. 13,50,00,000/- (Rupees Thirteen Crores and Fifty Lakhs) consisting of 1,35,00,000 (one crore Thifi-Five Lakhs) Equity Shares of Rs. l0/- (Rupees Ten) each and consequent alteration of Capital Clause of the Memorandum of Association of the Company pursuant to increase in Authorised Share Capital subject to shareholder's approval;
• 1. Amendment in Object Clause of Memorandum of Association pursuant to Insertion of new Ancillary objects and updation of some of the existing Ancillary objects, subject to Shareholder's APProval.
• 1. Adoption of new set of Articles of Associations of the company, subject to Shareholder's Approval;
• 1. Issuance of fully paid-up Bonus Shares in the ratio of Three Fully paid-up shares for every Five fully paid-up shares held by existing Shareholders), subject to shareholder's approval;

1S

\BR

r,

Following are the details ofissue ofBonus Shares:

• Bonus share shall be issued out of free reselves created out of prolits or share premium account;
• Bonus Ratio: Three Fully paid-up Equity shares for eroery fire n lly paid-up Equity shares held by existing Shareholders); :

Details of Share Capital- Pre and Post bonus issue:

Rs. 8,37,55,000 divided into 8375500	Rs. 13,40,08,000 divided into 13400800
Equity Share ofRs. 10 each	Equity Shares ofRs.l0 each

Free reserves and/ or share premium required for implementing the bonus issue: Rs. 5.03 Crores. IV.

Free reserves and/ or share premium available for capitalization and the date as on which such balance is available - the Company has accumulated Free Reserve of Rs. 22.55 Cr. and Security Premium ofRs 16.16 Cr. for capitalization as on 3l$ March,202l. v.

• Whether the aforesaid figures are audited -the above figures are Audited. v[
• Estimated date by which such bonus shares would be credited/dispatched The Bonus issue shall be implemented within 2 (two) months from tlre date of Board Meeting in which the Board approved the Bonus Issue i.e., 23d August, 2021. vtr
• 1. Migration of listing/trading of Equity Shares of the Company from SME Platform of NSE (EMERGE) to Main Board of NSE and BSE Limited in terms of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018 subject to necessary approvals including shareholder's approval by way ofPostal Ballot.
• Conduct the postal ballot to obtain shareholders approval for abovementioned agenda and approved the Postal Ballot Notice for the aforesaid agenda (as mentioned in Point No. 1, 2, 3, 4&s). 6.
• Appointed Ms. Rubina Vohra, Practicing Company Secretary (Membership Number: FCS 9277, CP Number 10930), Proprietor of IWs. Rubina Vohra & Associates, Practicing Company Secretaries to act as "The Scrutinizet'' for conducting the Postal Ballot by way of remote e-voting process in accordance with the Act and in a fair and transparent manner. 7.

The Board meeting was started at 12:00 PM and concluded at !!]0,!!

Further, the above information is also available www.wonderfi bromats.com under the head Investors on the Company's website, viz.

We requested to kindly take note ofthe same for your record and acknowledge the receipt.

Thanking You,

For Wonder Fibromats Limited to"*qlA$ 4-'

Kripank Kumar Singh Company Secretary & Compliance Officer Membership No. A59926

Date:2310812021 Place: New Delhi