#0ARt,lATTOt'| O : (+91-33) 2280312t, 2287 t229, Fex: (+91-33, 22t7 993E E-meil : [email protected]. web: wrrr.rv.ceraetionildustries.com. CIN: L27209W8 I9E3PLCO35920

29.01.2021

The Secretary The Secretary Listing Department The Calcutta Stock Exchange Ltd. The BSE Ltd. 7, Lyons Range P.J. Towers, Dalal Street Kolkata - 700 001 Mumbai - 400 001

Dear Sir/Madam,

Sub: Sale of Production Unit

Ref: SEBI GIR/CFD/CMD/4/2015 dated September 09, 2015

This is to inform you that the Board of Directors of the Company at its meeting held on 221.2A21, gave powers to Mr. R. P. Sehgal, Managing Director and Mr' S. Saha, Jt. Managing Director to sell the Production Unit situated at 1411, Station Road, .

A sale agreement has been entered into for the sale of the above production unit. Requirements, as per SEBI Circular: CIR/CFD/CMD1412A15 dated September 09, 2015, is given as Annexure A.

This is for your information and records.

Thanking you

Yours faithfully For Carnatifr lndustries Limited

rya{lAgaruval Comp6ny Secretary M. No. A 15785

Encl: as above

Registered Olfice 2tl1, JHEELROAD, P.O. SALKIA, , HOWRAH - 7ll 106 INDUSTRIES LTD. @ bsi, #cARl'IATl0l'l 222, ACHARYAJAGADISH CHANDRA BOSE ROAD, KOLKATA-7OO OI7' O : (+91-33) 22803127, 2287 t229, Fex : (+91-33) 22t7 993t E-meil : [email protected]. Wcb: www.cernetionindustries.com. CIN: L27209w8 I 9E3PLCO35920 ANNEXURE A

Details of Proposed Sale of Unit atl4ll Station Road, Howrah

. Amount of turnover of the unit in 2019-2A20 - Rs. 778.55 lacs

. Percentage of the turnover in 2019-2020 - 99.67

. Networth contribution in 2A19-2A2O - Rs. 25.57 lacs

. Date on which the agreement for sale has been entered - 28th January,2O21

. Expected date of completion of sale- The sale of undertaking shall be completed within three months of entering into the agreement.

. Consideration receivable from such proposed sale- Rs 3.05 cr.

. Brief details of buyers - Mr. S. P. Mahato & Others all residing at Belur, Howrah.

Buyers belong to the promoter/ promoter groupigroup companies- No

Whether the transaction would fall within related party transactions- No

Change in Shareholding of Listed Entity- None

Fu CARNATI0N 1N9

NIAY ACAR\li\L L,. ;...nY SecretatY

kegistered Olfice 2tll,JHEELROAD, P.O. SALKIA, LILUAH, HOWRAH - 7ll 106