NIMIR INDUSTRIAL CHEMICALS LTD.

Our ref.: 1134-NRL-PSX-07-2021

July 19, 2021

The Managing Director Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, -74000. Tel: 021111 001122

Subject: Notice of Book Closure of Nimir Resins Limited (the "Company") for the Consolidation of Shares under Section 85, of the Companies Act, 2017

Dear Sir,

Further to our letter no. 1133-NRL-PSX-07-2021 dated July 15, 2021, in this regard please find attached your documents:

In this regard, please be informed that, share transfer books of the Nimir Resins Limited (the "Company" - "NRSL") shall remain closed from August 09, 2021 to August 16, 2021 (both days inclusive) to determine the ownership and to do the consolidation of Ordinary Shares, resultant by virtue of increase in face value of share from Rs. 5/- each and Rs. 10/- each and reduction of number of shares to half, for Central Depository Company of Pakistan Limited (CDC)and Physical shareholders.

You are further requested to please grant us suspension of Company's shares trading from August 09, 2021 to August 16, 2021 (both days inclusive) to fulfill the pre-requisite of exchange and CDC.

We also attaching herewith Annexure - A containing notice to the shareholders of Company to published in daily "Observer Pakistan" (English) and daily "Asas" (Urdu) newspapers circulated in Karachi, and Islamabad/ on Tuesday, July 27,2021.

You may please inform the TRECertificate holding of the Exchange accordingly.

Yours sincerely,

Muhammad Inam-ur-Rahim • Company Secretary

Encl. : Book Closure notice - Annexure - A & B

Page 1 of 3

NIMIR INDUSTRIAL CHEMICALS LIMITED Factory: 14.8 KM, Sheikhupura 12-B, New Muslim Town, Lahore, Pakistan. Road, Bhikhi, Tel: +92 42 35926090-3 District Sheikhupura, Pakistan. Fax: +92 42 35926099 Tel: +92563883001-7 Website: www.nimir.com.pk Fax: +92 56 3883010 NIMIR INDUSTRIAL CHEMICALS LTD.

Annexure - A

Nimir Resins Limited

Notice of Book Closure for Consolidation of Shares Under Section 85 of the Companies Act, 2017

The shareholders of Nimir Resins Limited (the "Company") are hereby informed that the Securities and Exchange Commission of Pakistan vide their acknowledgment letter no. CRO-I/0002005/586 dated July 19, 2021 and granted their approval for the increase in the face value of the share from Rs. 5/- each to Rs. 10/- each by reducing the number of Ordinary shares to half 300,000,000 to 150,000,000 with no change in the Authorized Capital and Paid-up capital of the Company.

In this regard the share transfer books of Company remain closed from August 09, 2021 to August 16, 2021 (both days inclusive) to determine the entailment of Ordinary Shares.

The shareholders, who have Physical share certificates, are requested to surrender their original share certificate(s) along with the verified transfer deed(s) (if any) with the Company's Shares Registrar and Transfer agent M/s Corplink (Pvt.) Limited, Wings Arcade, 1 - K (Commercial), Model Town, Lahore - Pakistan Tel: +92 42 35917614, 35839182 & 35916719 -www.corplink.com.pkalongwith the certified copy of CNICafter August 16, 2021 for the exchange of share certificate(s) on working days during office hours.

Lahore Muhammad Inam ur Rahim July 27,2021 Company Secretary

Page 2 of 3

NIMIR INDUSTRIAL CHEMICALS LIMITED Factory: 14.8 KM, Sheikhupura 12-8, New Muslim Town, Lahore, Pakistan. Faisalabad Road, 8hikhi, Tel: +92 42 35926090-3 District Sheikhupura, Pakistan. Fax: +92 42 35926099 Tel: +92563883001-7 Website: www.nimir.com.pk Fax: +92 56 3883010 NIMIR INDUSTRIAL CHEMICALS LTD.

Annexure - B

NIMIR

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Page 3 of 3

NIMIR INDUSTRIAL CHEMICALS LIMITED Factory: 14.8 KM, Sheikhupura 12-8, New Muslim Town, Lahore, Pakistan. Faisalabad Road, 8hikhi, Tel: +92 42 35926090-3 District Sheikhupura, Pakistan. Fax: +92 42 35926099 Tel: +92 56 3883001-7 Website: www.nimir.com.pk Fax: +92 56 3883010