KDDL Limited

Kamla Centre, SCO 88-89, Sector 8-C, Chandigarh - 160 009, INDIA. Tel: +91 172 2548223/24, 2544378/79 Fax: +91 172 2548302, Website:www.kddl.comCIN-L33302HP1981PLC008123

Subject: Outcome of the Board Meeting of Ethos Limited, Company's material subsidiary

Dear Sir / Madam,

This is to inform you that the Board of Directors of Ethos Limited at its meeting held on 28th March, 2022 inter alia, approved the following matters:

1.

Issued and allotted 302,663 equity shares of Rs. 10 each at a premium of Rs. 816 per share, towards Pre-IPO placement. After the aforesaid allotment, the shareholding of KDDL Limited in the Company is 75.39% (directly and indirectly).

2. Appointment of Mr. Chitranjan Agarwal (DIN - 00095715) as an Additional Director (Non - Executive and Non - Independent) of Ethos Limited w.e.f. 1st April, 2022.

Please take the same on record.

Thanking you,

Yours truly

For KDDL Limited

Brahm Prakash Kumar Company Secretary