The Board of Directors of Swiss Military Consumer Goods Limited considered and approved the fund raising by way of the Rights Issue of Equity shares of Rs. 2/- (Rupees Two only) each of the Company, to the eligible Equity Shareholders of the Company as on the record date to be decided for this purpose, of an issue size not exceeding Rs. 50 Crore (Rupees Fifty Crores Only) in terms of the applicable regulatory and statutory provisions. The duly authorized Rights Issue Committee ("Committee") in its meeting held on March 22, 2022, has discussed and decided that upto 9,82,96,996 (Nine Crores Eighty Two Lakhs Ninety Six Thousand Nine Hundred and Ninety Six) Equity Shares having face value of Rs. 2/- (Rupees Two only) each be issued at a price of Rs. 4.50/- (Rupees Four and Paise Fifty only) per fully paid up Equity Share (including a premium of Rs. 2.50/- (Rupees Two and Paise Fifty only) per fully paid-up Equity Share) pursuant to the proposed Rights Issue, in the entitlement ratio of 1:1 (i.e. one fully paid-up Rights Equity Share for every one fully paidup Equity Share held on the record date to be decided for this purpose) to the eligible Equity Shareholders of the Company as on record date to be decided for this purpose, for an aggregate amount not exceeding Rs. 44,23,36,482 (Rupees Forty Four Crores Twenty Three Lakhs Thirty Six Thousand Four Hundred Eighty Two only), subject to applicable regulatory and statutory provisions. Shares of Swiss Military Consumer Goods Ltd was last trading in BSE at Rs. 23.05 as compared to the previous close of Rs. 22.55. The total number of shares traded during the day was 207560 in over 903 trades. The stock hit an intraday high of Rs. 23.65 and intraday low of 21.45. The net turnover during the day was Rs. 4619757.00.

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