WPIL Ltd — Share Issue/Capital Change 2024

May 25, 2024

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Date: 25[th] May, 2024

To BSE Limited P J Towers Dalal Street, Fort, Mumbai - 400001

BSE SCRIP CODE: 505872

SUB: DISCLOSURE UNDER REGULATION 30 OF SEBI (LODR) REGULATIONS, 2015

Dear Sir,

This is to inform you that the Board of Directors of the Company at its meeting held today i.e. 25[th] May, 2024, has inter-alia, approved:

1. Sub-division (Split) of Equity Share of the Company having a face value of Rs. 10/each (fully paid-up) into one (1) Equity Share of face value of Re. 1/- each (fully paidup); and

2. Alteration of Authorized Share Capital clause in the Memorandum and Articles of Association of the Company;

subject to such regulatory/statutory approvals as may be required, including the approval of the Shareholders of the Company.

The necessary details as required in terms of above referred Regulation read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is given in the enclosed Annexure-1.

The Board Meeting commenced at 11.30 a.m. and concluded at 2.01 p.m.

Kindly take the above on your records.

Thanking you.

FOR WPIL LIMITED

KRISHNA Digitally signed by KRISHNA KUMAR KUMAR GANERIWALA Date: 2024.05.25 22:43:55 GANERIWALA +05'30' [K.K. GANERIWALA] EXECUTIVE DIRECTOR

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ANNEXURE-1

SUB-DIVISION/SPLIT OF EQUITY SHARES

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SL. PARTICULARS DESCRIPTION
1. Split Ratio 1 : 10 i.e. Existing 1 (one) Equity Share having face
value of Rs. 10/- each is sub-divided into 10 (Ten)
Equity Shares having face value of Re. 1/- each, fully
paid-up.
2. Rationale behind the Split To improve the liquidity of the Company’s Equity
Shares and to make it affordable for Investors
3. Pre and Post Share Capital – Particulars Pre-Sub-division Post Sub-division
Authorised, Paid up & Face Value Rs. 10/- Re. 1/-
Subscribed Authorised Rs. 1,050 Lakhs Rs. 1,050 Lakhs
Share Capital
Comprising of: Comprising of:
a) 1,03,60,000 a) 10,36,00,000
Equity Shares of Equity Shares of
Rs. 10/- each Re. 1/- each
and and
b) 14,000 11% b) 14,000 11%
Redeemable Redeemable
Cumulative Cumulative
Preference Preference
Shares of Rs. 100 Shares of Rs. 100
each each
Issued, Rs. 976.71 Lakhs Rs. 976.71 Lakhs
Subscribed and comprising of comprising of
Paid up Share 97,67,080 Equity 9,76,70,800
Capital Shares of Rs. Equity Shares of
10/- each Re. 1/- each
4. Expected time of completion Within two months from the date of approval of
Shareholders
5. Class of Shares which are Equity Shares (There is only one class of Equity Shares)
subdivided
6. Number of Shares of each As stated under Point 3 above
class – Pre and Post Split
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7.	Number of shareholders who did not get any shares in consolidation and their pre - consolidation shareholding	Not Applicable

FOR WPIL LIMITED

Digitally signed by KRISHNA KRISHNA KUMAR KUMAR GANERIWALA GANERIWALA Date: 2024.05.25 22:44:29 +05'30' [K.K. GANERIWALA] EXECUTIVE DIRECTOR

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