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                                                                                                                                 Date: 9th July 2019


The Shareholders of RICBL during its Extraordinary General Meeting held on 7th June 2019 decided to issue rights share in the ratio of 1:6 (one share for every six shares held) at face value of Nu. 10 per share. The issue is subsequently approved by the RSEBL on 9th July 2019.

The company would like to inform that the record date for determination of entitlement of rights issue is set on 19th July 2019.