Deep Polymers: Board Meeting Outcome for Outcome Of Board Meeting Held On 06Th December 2021

Pursuant to second proviso to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that the Board of Directors of the Company in their meeting held today i.e. on 6th December 2021 at the Registered Office of the Company which commenced at 2:00 P.M. and concluded at 3:00 P.M. has considered and allotted:

1. 2 00 000 equity shares of Rs. 10/- each be issued at a price not less than Rs. 129/- to Mr. Rameshbhai Patel (100000 Equity Shares) and Ms. Ashaben Patel (100000 Equity Shares).

2. 10 90 000 warrants convertible into 10 90 000 equity shares of Rs. 10/- each to be issued at a price not less than Rs. 129/- to non-Promoters on a preferential basis upon receipt of 25% of issue price from the allottees in accordance with the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018.