Xelpmoc Design and Tech Limited — Capital/Financing Update 2021

Jul 15, 2021

Date: July 15, 2021

BSE Limited Listing Department, P J Towers, Dalal Street, Mumbai - 400001 Scrip Code: 542367

National Stock Exchange of India Limited Listing Department, Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Sandra (E), Mumbai - 400051 Serio Svmbol: XELPMOC

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Dear Sir/Madam,

Sub: Outcome of the Board Meeting

Pursuant to Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and in furtherance to our letter dated July 12, 2021, we hereby inform you that a meeting of the Board of Directors of Xelpmoc Design and Tech Limited was held today i.e. July 15, 2021, at 4:00 pm and concluded at 04.35 p.m. The Board of Directors has considered and approved, the following:

• 1. Raising of funds by issuing up to 7,20,000 (seven lakhs twenty thousand) equity shares of the company of face value of INR 10 (Indian rupees Ten) each at an issue price of INR 375 (Indian rupees three hundred and seventy five) per share aggregating upto INR 27,00,00,000 (Indian rupees twenty seven crore) on a preferential allotment basis in accordance with provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations), the Companies Act, 2013 and other applicable laws, subject to such regulatory/ statutory approvals as may be required, including approval of shareholders of the Company. Details of the said issuance are enclosed herewith and marked as Annexure-A.
• 1. Increase of authorised share capital of the Company from the existing INR 15,00,00,000 (Indian rupees fifteen crore) divided into 1,50,00,000 (one crore fifty lakhs) equity shares of INR 10 (Indian rupees ten) each to INR 25,00,00,000 (Indian rupees twenty five crores) divided into 2,50,00,000 (two crore fifty lakhs) equity shares of INR 10 (Indian rupees ten) each, by creation of 1,00,00,000 (one crore) additional equity shares of INR 10 each and consequent alteration of Capital Clause V of the Memorandum of Association of the Company, on account of the fund raise contemplated in paragraph 1 above, subject to approval of the shareholders of the Company.
• 1. Approval of issue of notice for extraordinary general meeting ("EGM") on Wednesday, August 11, 2021 and matters related thereto.

The notice of the said EGM shall be submitted to the Stock Exchanges in due course of time in compliance with the provisions of the Listing Regulations.

We request you to take the same on record.

Thanking you,

Yours faithfully,

For Xelpmoc Design &-nif~ ,r

~ ~ ,ID Va1shah Kondbhar <>"), • ,,, .J}; Company Secretary a ~tcomp lance Officer

XELPMOC DESIGN AND TECH LIMITED

Regd & Corp Address: #17, 4'h Floor, Agies Building, l " A Cross, 5" Block, Koramangala, Bengaluru - 5E0034 Phone number; 060 4370 6160 I Web5ite; www.xelpmo1;,in I fmail; vaishali,kondbhar@xelprno,;.in CIN NO: L72200KA2015PLCOS2873 I GST NO: 29AAACX18SOG1ZS

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Encl.: As above

Annexure-A

Details in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) read with SEBI circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015

Sr. No.	Particulars	Description
1.	Type of securities proposed to be issued	Equity shares of face value of I NR 1 O each
2.	public offering.rights issue, depository receipts, qualified institutions placement, preferentialallotment etc.).	Type of issuance (further Preferential allotment in accordance with Chapter V of the Securities and Exchange Board of lndia(lssue of Capital Disclosure Requirements) and Regulations, 2018; Companies Act, 2013 and other applicable laws.
3.	Total number of securities the total amount for which thesecurities will be issued ( approximately)	Preferential allotment by issuing up to 7,20,000 proposed to beissued or (Seven Lakhs Twenty Thousand) equity shares at an issue price of INR 375 (Indian Rupees Three Hundred and Seventy Five)per share aggregating upto to INR 27,00,00,000 (Indian Rupees Twenty Seven Crores).
4.	Additional Information in case of preferential issue:
i.	Names of investors	Newport Asia Advisors Fund LP; Newport Asia Growth & Income Fund LP; Newport Asia Institutional Fund LP; and Newport Asia Partners Fund LP
ii.	Post allotment of securities - outcome of the subscription, issue price /allotted price case (in convertibles), ofinvestors	Outcome of subscription: Equity shares are proposed to be allotted to the following allottees. Details of the shareholding of the proposed allottees in the Company, prior to and after the proposed of Preferential allotment, number are as under:
		Name of the Investor	Pre- Post-Preferential Preferential Allotment* Allotment
			No.of equity . shares held	% held	No. of equity shares held	% held
		Newport Asia Advisors Fund LP	Nil	-	32,307	0.224
		Newport Asia Growth &	Nil	-	26,521	0.184

		Income Fund LP Newport Nil 370,618 Asia Institutional Fund LP
		Newport Asia Partners Fund LP	Nil		290,554	2.014
		Total			7,20,000	4.991
		*Assuming post issuance of equity shares on fully diluted basis Issue Price: Equity shares having face value of INR 1 O each to be issued to the aforementioned allottees at an issue price of INR 375 (Indian rupees three hundred seventy five) per share which is not lower than the . floor price i.e. INR 370.62 calculated in accordance with Regulation 164 of the SEBI ICDR Regulations. Number of Investors: 4 (four)
iii.	case of convertibles, In intimation on conversion of securities or on lapse of the tenure of the instrument	Not Applicable
5.	Any cancellation termination ofproposal for of issuance securitiesincluding reasons thereof.	or Not Applicable