Please note that the Board of Directors of the Company, in their meeting held today i.e. on 21st May, 2022, inter alia, has: Recommended a Final dividend of Re. 1/-per equity share of Rs.10/- each for the financial year 2021-22 ended on 31st March, 2022, subject to approval of shareholders at the ensuing Annual General Meeting.

Please note that the Board of Directors of the Company, in their meeting held today i.e. on 21st May, 2022, inter alia, has: 1. Approved the Standalone Audited Financial Statements of the Company for Quarter and Financial Year ended on 31st March, 2022 as recommended by the Audit Committee. 2. Recommended a Final dividend of Re. 1/- per equity share of Rs.10/- each for the financial year 2021-22 ended on 31st March, 2022, subject to approval of shareholders at the ensuing Annual General Meeting. Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, we enclose the following: 1. Statement of Audited Financial Results for the financial year ended on 31st March, 2022. 2. Auditors' Report on the Audited Financial Results for the financial year ended on 31st March, 2022. 3. Declaration to the effect that there is Unmodified Opinion with respect to Audited Financial Results for the financial year ended on 31st March, 2022.

Please note that the Board of Directors of the Company, in their meeting held today i.e. on 21st May, 2022, inter alia, has: 1. Approved the Standalone Audited Financial Statements of the Company for Quarter and Financial Year ended on 31st March, 2022 as recommended by the Audit Committee. 2. Recommended a Final dividend of Re.1/- per equity share of Rs.10/- each for the financial year 2021-22 ended on 31st March, 2022, subject to approval of shareholders at the ensuing Annual General Meeting. Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, we enclose the following: 1. Statement of Audited Financial Results for the financial year ended on 31st March, 2022. 2. Auditors' Report on the Audited Financial Results for the financial year ended on 31st March, 2022. 3. Declaration to the effect that there is Unmodified Opinion with respect to Audited Financial Results for the financial year ended on 31st March, 2022.

Please note that, pursuant to SEBI Circular No. CIR/CFD/CMD1/27/2019 dated 8th February, 2019, the Company has obtained Annual Secretarial Compliance Report for the year 2021-22 from M/s. Kashyap R. Mehta & Associates, Practising Company Secretaries. We are now enclosing herewith the said Annual Secretarial Compliance Report. This is in compliance with Reg. 24A of SEBI (LODR) Regulations, 2015.

GUJARAT CRAFT INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/05/2022 ,inter alia, to consider and approve With reference to the above and pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015, we wish to inform you that the next Meeting of the Board of Directors of the Company is scheduled to be held on Saturday, the 21st May, 2022 to transact inter alia the following: 1. to consider, approve and take on record the Audited Standalone Financial Results of the Company for the financial year 2021-22 ended on 31st March, 2022; 2. to recommend a final dividend, if any, on the equity shares of the Company for the financial year 2021-22 ended on 31st March, 2022.

Pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November, 2018 for fund raising by issuance of debt securities by Large Entities and compliances thereof, We hereby submit that our Company is out of purview of Large Corporate category as per the applicability of framework provided in the aforesaid circular.

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayGUJARAT CRAFT INDUSTRIES LTD. 2CINL25111GJ1984PLC007130 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE 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: Sejal M Kanbi Designation: Company Secretary & Compliance Officer EmailId: info@gujaratcraft.com Name of the Chief Financial Officer: Jhanvi Jansari Designation: CFO EmailId: info@gujaratcraft.com Date: 29/04/2022 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.

Gujarat Craft Industries Limited has submitted Compliance Certificate for the period ended 31st March, 2022 under Regulation 7(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''''''''LODR Regulations'''''''').

We are enclosing herewith PCS Certificate in terms of Reg. 40 of SEBI (LODR) dated 11th April, 2022 certified by M/s. Kashyap R. Mehta & Associates, Company Secretaries for the financial year ended on 31st March, 2022.

Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, we are hereby submitting the certificate issued by Link Intime India Private Limited, Registrar and Share Transfer Agent of the Company for the Quarter ended on 31st March, 2022.