Sakuma Exports Limited - Outcome of Board Meeting

4 Aug 2022 , 12:00 AM

In terms of Regulation 30 of the Securities and Exchange Board oflndia (Listing Obligations and DisclosureRequirements) Regulations, 2015 (the Listing Regulations),This is in furtherance to our outcome dated June 21, 2022 in relation to the proposed Rights Issue of EquityShares the Company for an amount not exceeding Rs. 300 crores in accordance with the Securities andExchange Board oflndia (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended(SEBI ICDR Regulations) and other applicable laws (Rights Issue).We wish to inform you that the Board of Directors of the Company (Board) in its meeting held today i.e.04.08.2022, has considered and approved the Draft Letter of Offer in relation to the proposed Rights Issueof the Company and filing of the same with the Securities and Exchange Board oflndia (SEBI) for theirobservations (if any) and with BSE Limited and National Stock Exchange of India Limited (the StockExchanges) for their in-principle approval for listing of the Rights Equity Shares on their exchanges. Thesame has been prepared solely for the purpose of Rights Issue in accordance with SEBI ICDR Regulations2018.