Orbit Export informs about addendum to the outcome of board meeting

22 Mar 2019

Orbit Export has informed about addendum to the outcome of the Board Meeting approving Buy-back of Equity Shares of the company held on March 18, 2019. In the outcome of the Board Meeting the percentage representing the Buy-back size to the total paid-up equity share capital and free reserves (including securities premium account) as per the audited standalone financial statements and the audited consolidated financial statements respectively of the Company for the financial year ended on March 31, 2018 was inadvertently disclosed as 7.22% & 7.07% respectively. The same shall be read as the Buy-back size is 7.18% & 7.02% of the total paid-up equity share capital and free reserves (including securities premium account) as per the audited standalone financial statements and the audited consolidated financial statements respectively of the Company for the financial year ended on March 31, 2018. The Public Announcement and all Buy~back related advertisements shall be read in conjunction with this Addendum. Unless otherwise specified, all capitalized terms used herein shall have the same meaning ascribed to such terms in the Public Announcement.

The above information is a part of company’s filings submitted to BSE.

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