This is in continuation to our letter dated January 14, 2022 intimating that the Board at its meeting held on January 14, 2022 has accorded it's in principle approval to acquire digital business of NXTDIGITAL Limited ('NDL'), a related party, through issuance of shares. We have to inform you that the Audit Committee and the Board of Directors of Hinduja Global Solutions Limited ('HGSL' or 'the Company') at their meetings held today reviewed, inter-alia, the valuation report / equity share entitlement ratio. In view of the above and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to submit - as attached This is to inform that the Board of Directors of the Company at their meeting held today i.e. February 17, 2022, have, inter-alia, approved the Scheme of Arrangement between NXTDIGITAL Limited and Hinduja Global Solutions Limited and their respective shareholders, in accordance with the provisions of Section 230 to 232 read with Section 52 and 66 of the Companies Act, 2013. This is to inform that the Board of Directors of the Company at their meeting held today i.e. November 12, 2022, fixed Record Date as Wednesday, November 23, 2022, for the purpose to determine the eligible Shareholders to receive 20 (Twenty) fully paid up equity shares face value of Rs. 10/- each of Hinduja Global Solutions Limited ('Resulting Company') for every 63 (Sixty Three) fully paid up equity shares of face value of Rs. 10/- each of Nxtdigital Limited ('Demerged Company') in terms of the sanctioned Scheme of Arrangement by Hon'ble NCLT vide Order dated November 11, 2022. This is In continuation of our letter dated February 17, 2022, informing that the Board of Directors of the Company, subject to requisite approvals/consents, had approved the Scheme of Arrangement between NXTDIGITAL Limited ('Demerged Company') and Hinduja Global Solutions Limited ('Resulting Company' or 'the Company') and their respective shareholders ('Scheme') under Sections 230-232 and other applicable provisions, if any, of the Companies Act, 2013. Subsequently, pursuant to the Order of the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT'), the meeting of the Equity Shareholders of the Company was convened on September 2, 2022. Kindly note that Hon'ble National Company Law Tribunal, Mumbai Bench has vide Order dated November 11, 2022 sanctioned and approved the Scheme of Arrangement between NXTDIGITAL Limited and Hinduja Global Solutions Limited and their respective shareholders, a copy of the Order is enclosed herewith. (As Per BSE Announcement Dated on 12.11.2022) Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (for Demerger) between: NXTDIGITAL LIMITED ('Demerged Company') and Hinduja Global Solutions Limited ('Resulting Company') as approved by the Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT), NXTDIGITAL LIMITED has informed the Record Date fixed for the purpose of determining entitlement of the shareholders of the Demerged Company, as per details given below: - COMPANY NAME CODE NXTDIGITAL LIMITED (500189) RECORD DATE 23.11.2022 PURPOSE As per Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT), between, NXTDIGITAL LIMITED (Demerged Company) and Hinduja Global Solutions Limited (Resulting Company): - Upon this Scheme and upon vesting of the Demerged Undertaking i.e. Digital, Media and Communication Business Undertaking of NXTDIGITAL Ltd., into Hinduja Global Solutions Ltd.; Hinduja Global Solutions Ltd., shall issue and allot Equity Shares to the Shareholders of NXTDIGITAL Ltd., in the following manner:- '20 (Twenty) Fully Paid-Up Equity Shares of Rs.10/- each of the Resulting Company shall be issued and allotted for every 63 (Sixty-Three) Equity Shares of Rs.10/- each held in the Demerged Company.' EX-ENTITLEMENT FROM DATE & SETT. NO. 22/11/2022 DR - 161/2022-2023 Note: (1) Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, Trading members are hereby informed that the trading in the equity shares of the aforesaid company shall be transferred from B' group to T' group w.e.f. 22nd November, 2022, and (2) Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012; the aforesaid scrip shall be a part of Call Auction in Pre-open Session on November 22, 2022. (As Per BSE Notice Dated on 18.11.2022)