Outcome of board meeting of Grandeur Products

Held on 25 July 2015

Grandeur Products announced that the Board of Directors of the Company at its meeting held on 25 July 2015, inter alia, has transacted the following business;

1. Resolved to increase the Authorized Share Capital of the Company to Rs. 12 crore

2. Resolved to issue and allot 54,60,000 equity shares on preferential basis to promoter and Others

3. Resolved to shift the registered office of the Company from the state of West Bengal to the State of Telangana.

4. Resolved to approve the Notice of Postal Ballot & Remote e-voting process for seeking the approval of members in connection with the following:

- Increase of the Authorized Share Capital of the Company to Rs. 12 crore.

- Issue and allotment of 54,60,000 equity shares on preferential basis to promoter and Others.

- Shifting of the registered office of the Company from the state of West Bengal to the State of Telangana.

5. Appointed the Scrutinizer to conduct the Postal Ballot & e-voting process in a fair and transparent manner.

6. Approved the Calender of Events.

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