Notice from Manjushree Technopack Limited for postal ballot

The board of Manjushree Technopack Limited has announced that below are the proposals to be passed by the Members through electronic voting: (a) Issue of Compulsorily Convertible Debentures on a preferential basis. Manjushree Technopack is doing preferential allotment on a private placement basis, up to 40,13,002 Compulsorily Convertible Debentures, at par, with a face value of Rs.100 each(“CCDs”), to AI Lenarco Midco Limited (”Investor”), for an aggregate amount of Rs. 40,13,00,200/ being convertible into such number of equity shares of the Company (“Conversion Shares”), as derived on the basis of the conversion price of Rs.1637.96. AI Lenarco Midco Limited is the largest shareholder with a 77% stake in the company. (b) Amendment to the Articles of Association of the Company. (c) Appointment of Mr. Sanjay Digambar Kapote as Managing Director and CEO. E-Voting The e-voting period shall commence on Monday, 9th November 2020 at 9:00 a.m. (IST) and end on Tuesday, 8th December 2020 at 5:00 p.m. (IST). The e-voting will be blocked by CDSL thereafter. During this period, Members of the Company holding shares either in physical or dematerialized form, as on the cut-off date, i.e. Friday, 30th October 2020, may cast their vote electronically. Postal Ballot Notice