BSE - Corporate Announcement

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No.	Particulars	Details
1	Name of Compay	VADILAL INDUSTRIES LTD.-
2	CIN	L91110GJ1982PLC005169
3	Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)	64.72
4	Highest Credit Rating during the previous FY	BBB-
4a	Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)	INDIA RATINGS AND RESEARCH PVT. LTD.
5	Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the framework	BSE

We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No

Name of the Company Secretary: RASHMI BHATT
Designation: COMPANY SECRETARY
EmailId: rashmibhatt@vadilalgroup.com

Name of the Chief Financial Officer: KALPIT GANDHI
Designation: CHIEF FINANCIAL OFFICER
EmailId: shareslogs@vadilalgroup.com

Date: 15/04/2022

Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

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