Libas Consumer Products ₹14.5 Crore Rights Issue

Summary of Key Information:

Series: EQ

Nature of Filing / Announcement: Outcome of Board Meeting

Corporate Actions:

The Board of Directors approved the following:

1. Raising of funds by way of issue of equity shares of the Company of face value ₹10/- (Rupee Ten Only) each for an aggregate amount not exceeding ₹14.50 crore (Rupees Fourteen crore fifty lakh only) on a Right Issue basis

2. The issue will be made to eligible equity shareholders of the Company as on a record date to be notified subsequently

3. The terms and conditions of the issue will be decided by the Board of Directors/Rights Issue Committee

4. The issue is subject to receipt of applicable regulatory and statutory approvals

5. The issue will comply with:

• Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018
• Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Companies Act, 2013 and the rules made thereunder

6. Detailed terms of the Right Issue including the application procedure will be specified in the Letter of Offer, which will be sent to all eligible shareholders in due course

Additional Information:

The disclosure is made pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023