SPRAY EIIGII{EERIl{G DEUIGES IIMITED

sP[lY lllllrsE, C{2, lntustiC ArEa. Ptrss-Vll. Mohali - 1 00 (E5 hmFD ll{t lA
Td.: +91-172-3029703 , ?a; +91-172-W29n1
E-md : inlo@sfl ayengineering.com llbb: ryww.sprayengineering.com 5€D
Clil: U00000CH2004P1C027625

CERTIFIED TRI]E COPY OF THE RESOLUTION PASSED IN THE I17TH MEETING OF

THE BOARD OF DIRECTORS OF M/S SPRAY ENGINEERING DEVICES LIMITED IN
THEIR MEETING HELD ON I6TH MAY,2O24 AT 03:30 P.M. AT THE CORPORATE OFFICE
OF THE COMPANY AT C-82, INDUSTRIAL AREA, PHASE - VII, MOHALI AND
CONCLUDED AT 03:45 P.M.

CONSIDERED AND APPROVED TIIE ALLOTMENT OF 25,09,642 FULLY PAID UP

EQUITY SHARES OF RS. 1O/- EACH AT A PREMIUM OF RS. 277l- EACII ON
PREFERENTIAL ALLOTMENT BASIS (PRIVATE PLACEMENT)

"RESOLVED THAT pursuant to the provisions of Sections 42 and 62 of the Companies Act, 2013
read with Rule 13 ofthe Companies (Share Capital and Debenture) Rules,2014, Rule 14 ofCompanies
(Prospectus and Allotment of Securities) Rules, 20t4 and other applicable provisions ofthe Companies
Act, 2013 and rules thereto and the Memorandum and Articles of Association of the Company, the
approval ofthe Board be and is hereby accorded for the allotment of 25,09,642 Equity Shares of Rs.
10/- each at a premium of Rs. 277l- against the share application money received from the allottees as
per the following table:

No. of Face Investment

Name of the Nature of Type of Amount
Equity Value
Investor the investor Securities
(INR) (INR in Million)
Shares ONR)

Mukul Mahavir
10.00 277.00 230.086
1 Individual Equity 8,01,693
Agrawal

2
Vrjay Ramvallabh
lndividual Equity 34,8s6 10.00 277.00 10.004
Khetan
J Reina R. Jaisinghani Individual Equity 1,74,281 r0.00 277.00 50.0 r 9

4 Ajay T. Jaisinghani Individual Equity 87,140 10.00 277.00 25.009

Girdhari Thakurdas
Individual Equity 34,856 10.00 277.00 10.004
5
Jaisinghani
Nikhil Ramesh
10.00 277.00 10.004
6. Individual Equity 34,856
Jaisinghani

7
Monisha Vtjay
Individual Equity t7,428 r 0.00 277.00 5.002
Khanchandani
Resonance Foreign 100.03 7
8 Equity 3,48,561 10.00 277.00
Opportunities Fund Fund
Minerva Ventures Foreign 80.030
9 Equity 2,78,849 10.00 277.00
Fund Fund
Nova Global
Foreign
t0. Opportunities Fund Equity t,39,425 r 0.00 277.00 40.01 5
Fund
PCC - Touchstone
ll. Anil Kumar Goel Individual Equity I,39,425 10.00 277.00 40.01 5

Moheet Vinodkumar 3s.013

12. lndividual ity 1,2t,996 10.00 277.00
Agrawal

Rcgd. oflhe : Plot t{0. 25, lndosrial Are3, Ptese ll, Chandigah - 160 002 lt{DlA
 No. of Face Premium Investment
Sr. Name of the Nature of Typ.e of
Equity Value per Share Amount
No. Investor the investor Securities
Shares (rNR) (INR) (INR in Million)
Bikamjit Singh
13. Individual Equity 69,712 10.00 277.00 20.007
Kandhari

t4.
ICP Investments Foreign
Equity 34,856 r 0.00 277.00 10.004
(Mauritius) Limited Fund
15. Rajesh Hansraj Gupta Individual Equity 17,428 10.00 277.00 5.002
Prabhat Investment
16. LLP Equity 34,856 10.00 277.00 10.004
Services LLP
17. Ritu Gupta Individual Equity 17,428 10.00 277.00 5.002
18. Anil Kumar Agarwal Individual Equity 17,428 10.00 277.00 5.002
19. Priya Goyal Individual Equity 17,428 10.00 277.00 s.002
20. Amita Poddar Individual Equity 17,428 10.00 277.00 5.002
21. Zulia Zafar lndividual Equity t7,428 10.00 277.00 5.002
22. Rajesh Garg Individual Equity 34,856 10.00 277.00 10.004
23 Twishaa Gupta Individual Equity 8,7 t4 10.00 277.00 2.501
24. Tanya Gupta Individual Equity 8,714 10.00 277.00 2.501

Total 25,09,642 720.27

I

"RESOLVED FURTIIER THAT Mr. Vivek Verma (DIN: 00032970), Managing Director, Mr.
Prateek Verma (DIN: 00024740), Wholetime Director and Mr. Rinkal Goyal (M. No. Fl1321),
Company Secretary and Compliance Officer, be and are hereby jointly and severally authorized to do all
acts, deeds, matters and things as deem necessary, proper or desirable and to sign and execute all
necessary documents for the purpose of giving effect to the aforesaid resolution, including but not
limited to executing and signing all such documents and papers as may be required and filing of
necessary forms and, or, retums with the Registrar of Companies, Punjab & Chandigarh and to comply
with all other requirements in this regard.

.RESOLVED FURTHER THAT the Company do effect transfer and delivery of the aforesaid
25,09,642 Equity Shares to the respective beneficiary accounts ofthe Investors.

'RESOLVED FURTIIER THAT the names of Investors, as aforesaid, be entered into the register of
members of the Company.

"RESOLVED FURTIIER THAT a copy of the above resolutions, certified by any director or the
company secretary of the Company, be forwarded to the concemed authorities, agencies or parties for
necessary action from time-to-time or as may be required."

Certilied to be true
FOR SPRAY ENG DEVICES LIMITED

Goyal
(Company pliance ollicer)
 SPRAY E]IGI]IEERIlIG DEUIGES TIiIIIED
SPnfY HotlsE C.82, lntustial Arm, Ptas0-W, Mohali - 1 60 055 tunFb lNolA
Tel.: +91- 172-3029703 , Fu; +91-172-W29n4
E{nd : into@sprayengineering.com Wsb: www sprayengineedng com 5CD
ClL: UUX)00CH2004PLC027625

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED IN THE EXTRA ORDINARY

GENERAL MEETING OF THE MEMBERS OF M/S SPRAY ENGINEERING DEVICES
LIMITED HELD ON O6TH MAY, 2024 AT O3:OO P.M. THROUGH VIDEO
CONFERENCING AI\D CONCLUDED AT 03:20 P.M.

APPROVAL ON ISSUANCE OT EQUITY SHARES ON PREFERENCE BASIS (PRIVATE

PLACEMENT)

To consider and, if thought fit pass the following Resolution, as a special Resolution with or
without modifi cation(s):

"RESOLVED THAT pursuant to the provisions of sections 23, 42, 62 and all other applicable
provisions, if any, of the Companies Act, 2013 (the Act), read with Rule 14 of Companies
(Prospectus and Allotment of Securities) Rules, 2014 and such other provisions (including any
statutory modifications or re-enactment thereof) as may be applicable for the time being in force,
subject to such conditions and modifications as may be considered necessary by the Board of
Directors and in accordance with the Foreign Exchange Management Act, 1999, as amended or
restated ("FEMA-), and rules, circulars, notifications, regulations and guidelines issued under
FEMA, the extant consolidated Foreign Direct Investment Policy, as amended and replaced from
time to time ("FDI Policy") and the Foreign Exchange Management (Non-debt Instruments) Rules,
2019, as amended, Ministry of Finance (Department of Economic Affairs) ("MoF"), Department for
Promotion of Industry and Intemal Trade, Ministry of Corporate Affairs ("MCA'), the Reserve
Bank of India ("RBI") and any other applicable laws, rules and regulations, circulars, notifications,
clarifications, guidelines issued by the Govemment of Indi4 or any other authority / body and
enabling provisions in the Memorandum and Articles of Association of the Company, and subject
to necessary approvals, sanctions, permissions of appropriate statutory / regulatory and / or other
authorities and persons, if applicable and subject to such conditions and modifications as may be
prescribed by any of them while granting such approvals / sanctions / permissions and / or consents,
if any, and which may be agreed by the Board of Directors of the Company (hereinafter referred to
as ,.the Board" which term shall be deemed to include any committee(s), which the Board has
constituted or may constitute to exercise its powers, including the powers conferred on the Board by
the resolution passed, the consent of the members of the Company be and is hereby accorded to
create, offer, issue and allot at an appropriate time, in one or more tranches on a preferential basis
up to 25,09,642 Equity Shares of Rs. l0/- (Rupees Ten) each, ranking pari passu with the existing
Equity Shares ofthe Company offace value of Rs. l0/- (Rupees Ten) each at an issue price ofRs.
287l- (Rupees Two Hundred Eighty Seven Only) each [including premium of Rs.277l- (Rupees
Two Hundred Seventy Seven per Equity Share], for an aggregate value not exceeding Rs. 720.27
Million for cash, to the below mentioned Non-Promoter person, ('Proposed Allottee") and on such
terms and conditions as are stipulated in the explanatory statement attached and as may be
determined by the Board in its absolute discretion, and that draft letter of offer in Form PAS4 for
issue ofsuch securities and record of Private Placement in Form PAS-5, as p laced re the Bo ard,
be and are hereby approved; (, !^140o
?o oa

v(
*
Rtgd. ofiice : Piot tto. 25. Industial kea. Phas? ll, Chandigarh - 1 60 002 IADIA
 No. of Equi(v Investment Amount
Sr. No. Name of the Proposed Allottees (in Rs. in Million)
Shares
1 Mukul Mahavir Agrawal 8,01,693 230.086
2 Vii ay Ramvallabh Khetan 34,856 10.004
3. Reina R. Jaisinghani 1,74,281, 50.019
4. Aiay T. Jaisinghani 87,140 25.009
5 Girdhari Thakurdas Jaisinghani 34,856 10.004
6 Nikhil Ramesh Jaisinghani 34,856 10.004
7 Monisha Vi jay Khanchandani 17,428 5.002
8 Resonance Opportunities Fund 3,48,561 100.037
9 Minerva Ventures Fund 2,78,849 80.030
10. Nova Global Opportunities Fund
t,39,425 40.015
PCC - Touchstone
ll. Anil Kumar Goel 1,39,425 40.015
12. Moheet Vinodkumar Agrawal 1,21,996 3s.013
13. Bikramjit Singh Kandhari 69,712 20.007
14. ICP Investments (Mauritius)
34,856 10.004
Limited
15. Raiesh Hansrai Gupta 17,428 5.002
16. Prabhat Investment Services LLP 34,856 10.004
17. Ritu Gupta 17,428 s.002
18. Anil Kumar Agarwal t7,428 5.002
19. Priya Goyal 17,428 5.002
20. Amita Poddar 17,428 5.002
21. Z,iia Zafar 17,428 5.002
22 Raiesh Garg 34,856 10.004
23 Twishaa Gupta 8,714 2.501
24 Tanya Gupta 8,714 2.501
Total 25,09,,642 720.27

"RESOLVED FURTIIER THAT the monies received by the Company from the Proposed
Allottees in lieu of the issuance and allotrnent of ttre Equity Shares pursuant to the preferential
allofinent under section 42 and 62 of the Companies Act,2013 read with Rule 14 of the Companies
(Prospectus and Allotrnent of Securities) Rules, 2014, shall be kept by the Company in a separate
bank account in accordance with section 40(3) ofthe Companies Act.

"RESOLVED FURTIIER THAT all such Equity Shares to be issued and allotted by the company
shall be subject to provisions of Memorandum and Article of Association of the Company and shall
rarfr- pari passu in all respect including dividend with the existing Equity Shares of the Company.

"RESOLVED FLIRTIDR THAT pursuant to the provisions of the Companies Act, 2013, the
name of the Proposed Allottees be recorded for the issue of invitation to subscribe to the Equity
Shares and a private placement offer cum application letter in Form No. PAS-4 be issued to the
proposed Allottees inviting them to subscribe to the Equity Shares, the consent of the members be
and is hereby accorded to the issuance of the same to the Proposed Allottees inviting them to
subscribe to the Equity Shares.

"RESOLVED FURTIIER THAT the Proposed Allottees shall be required the entire
consideration for the Equity shares to be allotted to them, along with application letter
and the

consideration for allotrnent of Equity shares shall be paid to the Company from the bank account
of
such proposed allottees, and the allotrnent shalt be issued in dematerialized form only;

(RESOLYED FURTIIER THAT Mr. Vivek verm4 Managing Director of the company be and
is hereby authorized to sign and circulate the letter of offer in Form PAS-4 along with the
application form to the said offerees (as attached hereinafter), whose name(s) are recorded
in Form
PAS-5 i.e. Record of Private Placement Offer.

*RESOLVED FURTHER THAT Mr. Vivek Verm4 Managing Director of the Company, be and
is hereby authorized to file the said Fomr PAS-4 and Form PAS-5 in e-Form GNL-2,
e-Form MGT-
and to do
14 and zuch other Forms and retums as may be required, with the Regisaar of companies
all necessary acts, deeds, matters and things and to make the necessary entries in the applicable
allotrnent
Registen including but not restricted to Register of Members for the aforesaid issue and
of Equity Shares.'

Certified to be True
FOR SPRAY ENGINEERING DEVICES LINIITED

Rinkal Goyal
(Company Sec om pliance Oflicer)
EXPLANATORY STATEMENT PURSUAIIT TO SECTION IO2 OF TTIE COMPAIYIES
ACT,2013

ln order to accelerate the current growth rate and to maintain capital adequacy at an optimum level
and looking into the prospects of lnitial Public Offering (PO) and to meets its expenses, it is
proposed to raise the existing capital of the Company by issue of Equity Shares to the tune of INR
720.27 Million by way of Preferential issue on a Private Placement basis.

Considering the above, the Board of Directors, at their Meeting held on April 12, 2024, hx
approved the fund raising subject to the consent of the Members ofthe Company for issue of such
shares to various investors.

Section 42 of the Act, read with the rules made thereunder, a company offering or making an
prior
invitation to subscribe to securities on a private placement basis, is required to obtain the
approval of the Members for each of the offers and invitations'

ln accordance with Sections 23, 42 and 62 of the Act read with the Rules made thereunder, approval
of the Members is sought by way ofa Special Resolution for the issuance ofup to 25,09,642 Equity
Shares of IhlR 10/- (Rupees Ten) eac[ ranking pari passu with the existing
Equity Shares of the
company of face value of II\R l0/- (Rupees Ten) each at an issue price of INR 287l- @upees
Two
Hundred Eighty Seven Only) each [including premium ofRs. 277l- (Rupees Two
Hundred Seventy

Seven per Equity share], for an aggregate value not exceeding Rs. ?20.27
Million for cash and on
such terms as may be determined by the Board.

Act, 2013:
Given below are the disclosures as required under the rules made under the companies

l. The object ofthe issue is to raise funds for general corporate purposes'

2. The maximum number of Equity Shares which may be issued will be up

to 25,09,642 Equity
Equity Shares of the
Shares of INR 10/- @upees Ten) eac[ ranking pari passu with the existing
to raise up to
company of face value of INR 10/- (Rupees Ten) each and the company is expected
INR 720.27 Million onlY.

3. The Equity Shares are proposed to be issued at an issue price of INR 287l- @upees
Two

Hundred Eighty Seven only) per Equity Share ranking pali passu with the existing
Equity Shmes.

list' The
4. The Equity Shares are proposed to be offered to the investors as per the attached
and therefore
Directors and Key Management Personnel will not be offered any Equity Shares
cannot subscribe to the said offer.

(FY).
5. The company has not allotted any Equity Shares during the Financial
Year

prescribed under the applicable

6. The issue and allotment shall be completed within the time frarne
shall be completed
laws. Upon the issue and offer of the Equity Shares as aforesaid, the allotment
within a period of sixty days from the date of receipt ofapplication money'

*
The provisional shareholding pattem of the Company, before and after the proposed issue, will be
as under:

Pre-Issue Post-Issue

Sr. No. Category No of shares 7o of share No of shares 7o of share

hcld holding held holding

A. Promoters' holding

1 Indian

Individual 1,77,27 ,005 78.48v, 1,77 ,27 ,005 70.64v,

Bodies Corporate Nil Nil Nil Nil

Sub-Total 1,77,27,005 78.480 1,77,27,,005 70.61Yo

2 Foreign promoters Nit Nit Nil Nil

Sub-Total (A) 1,77?7,005 18.48'/" 1,7727,00s 70.64.h

B. Non-promoters holding

1 Institutional Investors

- Foreign 28,23,348 12.50o/o 36,25,039 14.44%

- Indian t,26,429 0.560/o 1,26,429 0.50%

2 Non-institution

Private corporate bodies 1,89,063 0.84v, 2,23,9r9 0.89%

I 1,000 0.05% 1 r,000 0.04%

Directors and relatives

5,88,180 7.03% 32,61,275 12.99o/o

Indian public r

Employee Welfare Trust 69,625 031% 69,625 0.28%

Other (including NRIs) 52,r31 0.23% 52,131 0.21%

Sub-Total @) 49,59,776 21.52'h 73,69,418 29.36Y.

Grand Total (A+B) 2,,25,86,781 l00o/o 2,50,961423 1000h

as a Special
The Board recommends approving of the Resolution as mentioned in item no. 2 above
Resolution.

None of the Dtectors / Key Managerial Personnel of the Company / their relatives are,
in any way'
concemed or interested, financially or otherwise, in the Resolution at item no. 2.
 SPRAY E]IGI]IEERI]IG DEVICES IIiJ|ITEII
SPn Y IISE C{2, lndustid AIea. Pruse-Vll, Mohali - 160 G55 Puniab INDIA
Tel.: + 91-172-3029703, Fa: +91-172-3m9774
E-md : inlo@sprayengineering com Web: rvwly.sprayengineering com 5€D
Cl[: U00000CH2004PtC027625

TABLE A

Name of the Company Spray Engineering Devices Limited

Date of allotment 16.05.2024

Type of securities allotted Equity shares

Nominal amount per security (in Rs.) 10.00

Premium amount per security (in Rs.) 277.00

Total number of allotees 24

Brief particulars in respect of terms and

N.A.
conditions, voting rights etc.

For Spray Engineering Devices Limited

For Spray Engineering Devices Limited

company secrgtary
Rinkal Goyal
(Company Secretary)

Regd. omce : Plrlt tlo. 25, Industial Area, Phase ll, Chandilaft - 1 60 fE2 tilDtA
 SPRAY El{GIIIEERII{G DEVICES t!MITED
$n Y HIltE, C{2, lndusnid Ana, Phas+Vll, MolE! - 160 055 Pulab tt{DlA
Tol.: +911f2-3506200 r
E-mall : info@sprayengineering.com Wob: wlaw.sprayengineedng.com S€D
Clil: t 00qDCH2q)4P1C027025

TAI]LII I} (LIST OF ALLOTtrES)

Totrl
amount
Nationality/ No, of Nominal paid (incl.
S. Type of Namc of Address of Contact No. Premium
Country of PAN sha res value per premium)
No. Shareholder Shareholder Shareholder and E-mail lD per shsre
lncorporation s llotted share
(in INR
million)

208/209, The
Capital, 2nd Floor, 022-67314000
Mukul Opp: ICICI Bank
I Individual Mahavir Bldg, Bandra Kurla India AAFPA4859C mukul@param 8,0 r,693 t0.00 277 .00 2i0.086
Agrawal Complex, Bandra capital.com
East, Mumbai
400051
l60l-1602, Rajhans e82006t 182
Vijay
Apartments, Jitendra
2 lndividual Ramvallabh India AACPKOO93M 34,856 t0.00 271 .00 r0.004
Road, Malad East, vijaykhetan@g
Khetan
Mumbai - 400097 mail.com
701-702, Salisbury
Park, 82-Pali Mala. 9833722291

lndividual
Reina R. Rajendra Nagar
lndia ADUPJ4939L t,74,281 0.00
I 277 .00 50.0r9
Jaisinghani Chowk, Pali Hill. rj@vyomwealt
Bandra West, h.com
Mumbai - 400050
l30l/8, Beau
9820030294
Monde, Appa Saheb
Ajay T.
.1 Individual
Jaisinghani
Marathe Marg, lndia AACPJ2O99J
atj@polycab.c
87,t40 I 0.00 27'7 .00 25.009
Prabhadevi. Mumbai
om
- 400025

For Spray Englneerlng Devlces Llmhed

Com pany
Regd. otf.: Plot No. 25, lndustrialArsa, Phaso ll, Chandigarh - 160 002 lNDlA.
 801-802, Morning
Cloory, Plot No. 9820 t20500
Cirdhari
5 lndividual Thakurdas
233/224, St.
lndia AAAPJ8473A 34,856 r0.00 277 .00 r0.004
Iaisinghani
Andrews Road, gtj@polycab.c
Bandra West, 0lll
Mumbai - 400050
701. Salisbury Park, s820466658
Nikhil Ramesh 82, Pali Mala Road,
6 Individual lndia AHYPJ2T I4R 34.856 0.00 277 .00 t0.004
Jaisinghani Bandra (West), nj@vyomweat
I

Mumbai - 400050 h.com

Flat No. I 102. I lth 9819'1367 t t

Monisha Vijay
Floor, Whitefield,
7 Individual Nandadeep Chsl, lndia ADIIPK2O9OG monisha.khanc 17,428 10.(x) 27',7 .00 5.002
Khanchandani
l6'h Road, Khar (W), handmil23@g
Mumbai - 400052 mail.com
Suite 320,3rd Floor, +230-466038 t
Resonance
Foreign Fund Opportunities
NC Tower, Ebene.
{,t Maurilius AAFCR4798A 3,48,56t t0.00 27'7.00 t00.037
Cybercity, Mauritius rofgroup@fidel
Fund
- 72201 rs. t11U

ONS FinServ Ltd..

+2305940t484
I lth Floor, Bramer
Minerva
I Foreign Fund House, Hotel Mauritius AAQCM6I32Q 2,78,849 10.00 277 .00 80.030
Ventures Fund trade@minerva
Avenue, Ebene,
-ventur€s.com
Mauritius
Vistra Altemative
(Mauritius) Limited, +23055026006
Nova Global
Rue du Savoir. 3'd
Opportunities
l0 Foreign Fund Floor, 355, Nex Mauritius AAICNT2I I R backoflice@no 1,39,425 t0.00 277 .00 40.0 r5
Fund PCC - Ebene Mauritius - vaglobalfunds.
Touchstone
72201, Republic of com
Mauritius

For Spray Englnserhg D€t,lcas Umltod

0.y-
Company S€crotary
 9444079034
Anil Kurnar
7 A, Old Tower
lndividual Block, Nandanam, India AAJPC2552Q
goel l8@gmail.
I,39,425 r 0.00 271.00 40.0 t 5
Goel
-
Chennai 600035
com
8/404, Manavstal 2 9769006729
Moheet CHSL, Behind
t2 lndividual Vinodkumar Cokuldham Mandir, lndia ACYPAT68OA moheet.agrawa |,2t,956 10.00 277 .00 35.0r3
Agrawal Goregaon East, 12081@gmail.c
Mumbai - 400063 om
98 t400006
Bikramjit
H. No. 18, Sector 4,
ti Individual Singh
Chandigarh - 160001
lndia ADCPS2656P
bikram@kbl.ne
69,712 t0.00 2'7'7.00 20.007
Kandhari
t.in
Suite 122, 2nd Floor,
ICP Harbour Front 8587888776
Investments Building, President
t0.00 t0.004
l4 Foreign Fund Mauritius AABCI66.57B 34,856 27'1 .00
(Mauritius) John Kennedy poonasethi@g
Limited Street, Port Louis, mail.com
Mauritius
903, Vittori4
Hiranandani Estate, 9820 t00753
Rajesh Llansraj Chodbunder Road,
t5 Individual lndia AAXPG l56l II t7 ,428 r 0.00 277.00 5.002
Gupta Thane West, bablagupta@g
Maharashtra mail.com
400607
601 , Horizon Tower, 869626666 t
Prabhat
Jewels of India" JLN
t6 Lt,P Investment lndia AAWFP23 I7D 34,856 t0.00 271 .00 t0.004
Services LLP
Marg, Jaipur, kabra_adheesh
Rajasthan - 302018 @yahoo.co.in
C-29, FF, Pamposh 9999 t696 t6
Enclave, Creater
l7 lndividual Ritu Gupta lndia AGUPG8555G 17.428 | 0.00 277.00 5.002
Kailash l. New dguptal T@redi
Delhi - I 10048 ffmail.com

For Spray Engin€€rlng Devlces umlted

Company Secretary
 Near Indian Oil, 8709286023

Anil Kumar
Ratanji Road,
r8 lndividual
Agarwal
Purana Bazar, lnd ia ACDPAO422F renuagarwal I I 17,428 10.00 ?77 .00 5.002
Dhanbad, Z2@gnail.co
Jharkhand - 826001 m
Ratanjee Road,
9205830524
Purana Bazar, Near
l9 lndividual Priya Goyal Hotel Vinay, India BYOPG I68IC
pgpriyagoyal I
t7,428 t0.00 27't .00 5.002
Dhanbad, Jharkhand
6@gmail.com
826001
B 25l33-6, B-P, opp. 81454 r9633
BOB, Jawahar Nagar
20 lndividual Amita Poddar lndia ALXPP7758E t7 ,428 t0.00 271.01) 5.002
Ext., Varanasi, U.P. - srvcho@gmail.
221005 com
9873784321
Flat No. 404. Tower
2t Individual Zulia Z.afar D. Sector 70. Noida. lndia AAGPZ36368 17,428 t0.00 277.00 5.002
pappymacha@
u.P. - 201301
gmail.com
98 t0465074
C 1902, Cleo
1'l lndividual Rajesh Carg County, Sector l2l, India ACAPC7795C 34,856 t0.00 277 .00 r0.004
rajeshgargcs@
Noida" U.P. - 201301
gmail.com
C-29" FF, Pamposh 99991696 t6
Enclave. Greater
lndia B'I'JPG99I9D 8,7t4 t0.00 277 .00 2.50
23 lndividual Twishaa Cupta t
Kailash l. New dguptal T@redi
Delhi - I 10048 tTmail.com
C-29, FF. Pamposh 99991696 t6
Enclavc. Creater
India BI]HPC76I4M 8,7 l4 10.00 217 .t)0 2.50
24 lndividual Tanya Cupta r

Kailash - l. New dguptal T@redi

Delhi - I 10048 ffmail.com

TOTAL 25,09,612 721t.27

For Spray Englneerlng De\rlces Umitod

Company Secrotary
 SPRAY E]IGI]IEERIl{G DEVIGES TIMIIED
SruY KI,EE C.sz. htustiC ArEa, Pll.s€-V[, lhhal - 160 055 hn*D INDIA
Tel.: +91-172-3029703, ?d +91-172-fi2€n4 t
E-rd : info@sprayengineering.com WBb: wwly.sprayengineering.c0m
can
ClL: t 00000CH2004PLC027625

Form PAS-5
(Section 42(7) and Rule 74(3) of Companies (Prospectus ond Allotment ofSecurities) Rules,
2014)

l. Record ofa private placement offer to be kept by the company

Name of the Company Spray Engineering Devices Limited

Registered offrce of the Plot No. 25, Industrial Area, Phase II, Chandigarh -
company 160002, India

Corporate office of the "Spray House", C-82, Industrial Are4 Phase VII,
company Mohali. Punjab - 160055, India

CIN u00000cH2004PLc027 625

2. Details of Private Placement offer

Date when approval of the relevant authority (board or the shareholders, as the case
may be) obtained for the current Private Placement Offer Letter:

Date of passing of Board 12.04.2024

Resolution

Date of passing of 06.05.2024

Shareholders Resolution

Amount of offer The company intends to raise Rs. 720.27 Millions by

issuing of25,09,642 equity shares ofRs. l0/- each at a
premium of F.s. 277/- each to investors under private
placement

For Spmy E tglneedhg Devlco3 Umhed

Pr#.
Company S€crstary

Rcgd. olice : Plot tlo. 25, lno$tiai A.€a. Phas€ ll. Chandigah - 160 m2lmn
 3. Detaits ofthe persons to whom private placement offer letter has been circulated:

Father / Phone No. Email ID

S. No. Name Address
Husband's name
2081209,The Capital, 2nd Floor,
Mr. Mahavir Prasad Opp: ICICI Bank Bldg, Bandra 022-67314000 mukul@paramcapital.com
I Mukul Mahavir Agrawal
Agrawal Kurla Complex, Bandra East,
Mumbai - 400051

l60l-1602, Rajhans Apartments,

Vijay Ramvallabh vijaykhetan@gmai l.com
2 Mr. Ramvallabh Jitendra Road, Malad East, Mumbai 9820061182
Khetan
- 400097

701-702, Salisbury Park, 82-Pali

J Reina R. Jaisinghani
Mr. Kishinchand Mala, Rajendra Nagar Chowk, Pali
9833722291 rj@vyomwealth.com
Sajnani Hill, Bandra West, Mumbai -
4000s0

l30l/8, Beau Monde, Appa Saheb

Mr. Thakurdas K
Marathe Marg, Prabhadevi, Mumbai 9820030294 atj@polycab.com
4. Ajay T. Jaisinghani
Jaisinghani
- 400025

801-802, Morning Gloory, Plot No.

Cirdhari Thakurdas Mr. Thakurdas K
2331224, St. Andrews Road, Bandra 9820 r 20500 gtj@polycab.com
5
Jaisinghani Jaisinghani
West, Mumbai - 400050

Nikhit Rameslr
Mr. Ramesh 701, Salisbury Park, 82, Pali Mala
6 Thakurdas Road, Bandra (West), Mumbai - 9820466658 nj@vyomweath.com
Jaisinghani
Jaisinghani 4000s0

For Spray Engineering Dsvices Llmitsd

Company Secrotary
 Flat No. ll}2, I I
th Floor,
7
Monisha Vijay Mr. Kishinchand
Whitefield, Nandadeep Chsl, l6th 981973671t monisha.khanchandani I 23@gmail.com
Khanchandani Sajnani
Road, Khar (W), Mumbai - 400052

rofgroup@fidelis.mu
Resonance Opportunities Suite 320, 3'd Floor, NG Tower,
8 N.A. +230-4660381
Fund Ebene, Cybercity, Mauritius - 72201
admin@resonance.mu
ONS FinServ Ltd., I lrh Floor,
9 Minerva Ventures Fund N.A. Bramer House, Hotel Avenue, +230-59401484 trade@m inerva-ventures.com
Ebene, Mauritius

Nova Vistra Altemative (Mauritius)

Global
Limited, Rue du Savoir, 3d Floor,
10. Opportunities Fund PCC N.A. +230-55026006 backoffi ce@novaglobalfunds.com
355, Nex Ebene Mauritius - 72201,
- Touchstone
Republic of Mauritius

I l. Anil Kumar Coel

Mr. Dharam Paul 7A, Old Tower Block, Nandanam,
9444079034 goel l8@gmail.com
Goel Chennai - 600035

8/404, Manavstal 2 CHSL, Behind

t2.
Moheet Vinodkumar Mr. Vinod Kumar
Gokuldham Mandir, Goregaon East, 9769006729 moheet.agrawal208 I @gmail.com
Agrawal Agrawal
Mumbai - 400063

13.
B ikranrj it Singh Mr. Jaspal Singh H. No. 18, Sector 4, Chandigarh -
98 14000006 bikram@kbl.net.in
Kandhari Kandhari 160001

Suite 122, 2nd Floor, Harbour Front

t4.
ICP Investments
N.A. Building, President John Kennedy +230-2129736 nitish@renesis.mu
(Mauritius) Limited
Street, Port Louis, Mauritius

For spray Enginoerlng Dsvices Llmited

Company Sscrotary
 903, Vittoria, Hiranandani Estate,
15. Rajesh Hansraj Gupta
Mr. Hansraj
Ghodbunder Road, Thane West, 98201007s3 bablagupta@gmail.com
Madanlal Gupta
Maharashtra - 400607

601, Horizon Tower, Jewels of

't6. Prabhat Investment
N.A. India, JLN Marg, Jaipur, Rajasthan - 8696266661 kabra_adheesh@yahoo.co.in
Services LLP
302018

C-29, FF, Pamposh Enclave,

17. Ritu Gupta Mr. Dinesh Gupta Greater Kailash - I, New Delhi - 9999t696t6 dgupta I 7@rediffmail.com
r 10048

Near Indian Oil, Ratanji Road,

Mr. Birdhi Chand
Purana Bazar, Dhanbad, Jharkhand - 8709286023 enuagarw al I I 22@gmai com
18. Anil Kumar Agarwal r l.
Agarwal
826001

Ratanjee Road, Purana Bazar, Near

19. Priya Coyal Mr. Ramesh Goyal Hotel Vinay, Dhanbad, Jharkhand - 9205830524 pgpriyagoyal I 6@gmail.com
825001

Amita Poddar
Mr. Sharwan B 25133-6,8-P,Opp. BOB, Jawahar
8t45419633 srvcho@gmail.com
20.
Kumar Megotia Nagar Ext., Varanasi, U.P. - 221005

21. Zdia Zafar

Mr. Manzoor Flat No. 404, Tower D, Sector 70,
9873784321 pappymacha@gmail.com
Ahmed Tazir Noida, U.P. - 201301

Mr. Prem Chand G 1902, Cleo County, Sector l2l, 9810465074 rajeshgargcs@gmail.com
22. Rajesh Carg
Garg Noida, U.P. - 201301

Dovlces Limited
For SPraY Englneerlng

ComPanY S
 C-29, FF, Pamposh Enclave,
23. Twishaa Gupta Mr. Dinesh Gupta Greater Kailash - l, New Delhi - 9999169616 dgupta I 7@rediffmail.com
I10048

C-29, FF, Pamposh Enclave,

Tanya Gupta Mr. Dinesh Gupta Greater Kailash - l, New Delhi - 9999169616 dguptal 7@rediffmail.com
I 10048

For Spray Enginoerlng Devicos Llmlted

pany Secretary
Signature:

Initial of the Officer of the Company designated to keep the record.