Kiran Vyapar Ltd - Outcome Of The Board Meeting Held On 15Th June, 2020 And Disclosure Under Regulation 30 And 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on today i.e. 15th June, 2020, interalia, considered the following matters:<BR> <BR> a)Approved Standalone and Consolidated Audited Financial Results of the Company for the Quarter and Year ended 31st March, 2020 along with the Auditors Report thereon.<BR> <BR> b)Recommended a dividend of Re. 0.75/- (i.e. 7.50%) per equity share of Rs.10/- each, subject to the approval of the shareholders in the ensuing Annual General Meeting.<BR> <BR> c)Approved raising of funds by way of issuance of listed/ unlisted, secured/unsecured, Non-Convertible Debentures for an amount up to Rs. 300 Crores (Rupees Three Hundred Crores Only) on a private placement basis in tranches/series subject to the approval of Shareholders' of the Company and also approved ancillary actions for the said issuance of debentures. <BR> <BR>