Further to our intimation dated 31st October, 2022 and pursuant to Regulation 30 the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby intimate that the Board of Directors of Inditrade Capital Limited ('the Company') at its meeting held today, i.e., 3rd November, 2022 approved the issuance of equity shares of the Company having face value of Rs. 10/- each, on a Rights basis to eligible equity shareholders of the Company. The Board has also constituted a 'Rights Issue Committee' of the Board of Directors to do all such acts, deeds, matters and things as it may at its absolute discretion, deem necessary, expedient, usual or proper, in connection and/or incidental to the Rights Issue.