Board of Directors ("Board") of Add-Shop E-Retail Limited ("Company"), in its meeting held today, viz. Friday, 3rd June, 2022 considered and approved the following terms of the Rights Issue: - 1. Fund raising of an amount not exceeding Rs. 49,50,00,000/- (Rupees Forty Nine Crores Fifty Lakhs only), through a Rights issue to the eligible equity shareholders (Public Category) of the Company as on Record date (to be notified subsequently), in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, SEBI Listing Regulations, along with relevant circulars issued by the Securities and Exchange Board of India, Companies Act, 2013. ("Rights Issue"). 2. Rights Issue Price: ? 54/- per fully paid-up Equity Share [including a premium of ? 44/- per Equity Share]