Rushil Decor Limited announced furtherance to letter dated February 22, 2024, that a subsidiary company of RDL in the name of RUSHIL MODALA PLY Limited has been incorporated on March 19, 2024 under corporate identity number U16210KA2024PLC186443. Authorized Capital: INR 100,000 divided into 10,000 equity shares with a nominal value of INR 10 each. Turnover: Not applicable.

Industry to which the entity being acquired belongs; Manufacturing and Sale of Plywood and allied products. The company RDL has subscribed 51% of the paid up Equity Share Capital in cash in the subsidiary company. RDL has subscribed to 5,100 Equity shares of INR 10 each aggregating to INR 51,000.