HGI Industries Limited Regd. Office: Industry House, 18Th Floor, 10

HGI/RS/CSE/MAY/2021 Date: 27th May, 2021

To, The Secretary, The Calcutta Stock Exchange Ltd. 7, Lyons Range Kolkata - 700001

Dear Madam/Sir,

Sub: Disclosure under Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Outcome of Board Meeting

Further to our letter dated 19.05.2021, please note that as per the recommendation made by Audit Committee, the Board of Directors of the Company at their meeting held on today, i.e., 27th May, 2021, have approved the Audited Financial Results of the Company for the quarter and year ended 31st March, 2021.

In this connection, we are pleased to enclose the following:

1. Audited Financial Results for the fourth quarter and financial year ended 31st March, 2021; 2. Audit Report of the Statutory Auditors of the Company; 3. Declaration on Unmodified Opinion on Auditors’ Report issue by the Statutory Auditors of the Company for FY 2020-21, under Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

The Meeting Commenced at 12.05 P.M. and concluded at 12.55 P.M.

This is for your information and record.

Thanking you, Yours faithfully For HGI Industries Limited

Rakesh Sharma Company Secretary A38093

Encl: As above

HGI Industries Limited Regd. Office: Industry House, 18th Floor, 10, Camac Street, Kolkata – 700017, India CIN: L40200WB1944PLC011754, Tel: +91 33 4455 5500/98, Fax: +91 33 4455 5537/47 E: [email protected], W: www.hgiil.com

27th May, 2021

HGI/RS/CSE//MAY/2021

The Secretary The Calcutta Stock Exchange Ltd. 7, Lyons Range Kolkata – 700 001

Dear Sir/ Madam,

Sub: Declaration pursuant to Regulation 33(3)(d) the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

With reference to the above, we hereby declare and confirm that the Audit Report issued by M/s Salarpuria Jajodia & Co., (Firm registration No. : 302111E), Chartered Accountants, Statutory Auditors of the Company, on the Annual Audited Financial Results for the year ended 31st March, 2021 is unmodified.

Thanking you, Yours faithfully, For HGI Industries Limited

Kamal Kishor Agarwal Chief Financial Officer