Outcome of Board Meeting Intimation - Newspaper Advertisement regarding Notices of the National Company Law Tribunal ('NCLT') convened Meetings of Equity Shareholders, Unsecured Creditors and Secured Creditors of the Company (As per BSE Announcement Dated on 30/9/2020) intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding order received from Hon''ble National Company Law Tribunal, Ahmedabad Bench, sanctioning the Composite Scheme of Arrangement. Intimation of Record Date pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the purpose of issue and allotment of equity shares to the shareholders of Infibeam Avenues Limited pursuant to Composite Scheme of Arrangement. (As per BSE Announcement Dated on 28/11/2020) Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (for Demerger) approved by the Hon'ble National Company Law Tribunal, Ahmedabad Bench (NCLT), Infibeam Avenues Limited has fixed the Record Date for the purpose of determining entitlement of the shareholders of the Company, as per details given below: COMPANY NAME CODE Infibeam Avenues Limited (539807) RECORD DATE 11/12/2020 PURPOSE As per Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal, Ahmedabad Bench (NCLT), between, Infibeam Avenues Limited (Demerged Company) and Suvidhaa lnfoserve Limited (Resulting Company 1), DRC Systems India Limited (Resulting Company 2) and NSI Infinium Global Limited and Their Respective Shareholders and Creditors: - Upon the coming into effect of the aforesaid Scheme and (1) In consideration of the transfer of SME E Commerce Services Undertaking of Infibeam Avenues Limited into Suvidhaa lnfoserve Limited; Suvidhaa lnfoserve Limited shall issue and allot Equity Shares to the shareholders of Infibeam Avenues Limited in the following proportion: '197 fully paid up equity shares of Re. 1/- each fully paid up of Suvidhaa lnfoserve Limited shall be issued and allotted for every 1500 fully paid up equity shares of Re. 1/- each fully paid up held in Infibeam Avenues Limited.' EX-ENTITLEMENT FROM DATE & SETT. NO. 10/12/2020 DR-176/2020-2021 Note: 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 A' group to T' group w.e.f. December 10, 2020 and 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 December 10, 2020. Subject to compliance with requisite formalities, the shares of Resulting companies i.e. Suvidhaa lnfoserve Limited & DRC Systems India will be listed on BSE Limited. (As Per BSE Notice Dated on 07.12.2020) Apportionment of Cost of Acquisition of Equity Shares of Infibeam Avenues Limited, Suvidhaa Infoserve Limited and DRC Systems India Limited pursuant to the Composite Scheme of Arrangement under Section 230 to 232 read with Section 66 and other applicable provisions of the Companies Act, 2013 amongst Infibeam Avenues Limited, Suvidhaa Infoserve Limited, DRC Systems India Limited and NSI Infinium Global Limited and their respective shareholders and creditors (As Per BSE Announcement dated on 06.01.2021)