With reference to the proposed Right Issue of 19,60,000 Equity Shares at BSE Limited, this is to inform you that ('BSE') vide its letter dated 19th October, 2021 no. DCS/RIGHT/PB/FIP/1578 /2021-22 has accorded its In principle for the proposed Rights Issue. As part of the In principle approval, BSE has advised us to give an adequate notice to all the shareholders of the Company (who are holding shares in physical form) for providing their Demat Account No. and that about Right Entitlement will be credited only in Demat form only and also that allotment will also be in Demat form. In this regard, this is to update that the Company has dispatched a letter to all shareholders to all physical shareholders on 28.10.2021 in line with BSE In principle approval letter, a copy of the letter is enclosed letter for your reference and for dissemination purpose. Further, a copy of such notice is available on website of company i.e. www.ridhisynthetics.com.