CMAHENDRA

Members of the Exchange are hereby notified that in terms of Regulation 22(6) of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, Section 21A of the Securities Contract (Regulations) Act, 1956, Rule 21(2) b of Securities Contract (Regulations) Rules, 1957 , it has been decided to delist (withdraw the admission to dealings in) equity shares of the C. Mahendra Exports Limited w.e.f. August 08, 2018 as per Chapter V of SEBI (Delisting of Equity Shares) Regulations, 2009.

Members of the Exchange are hereby informed that the Exchange on February 28, 2018 has issued public notice in the newspaper for�� proposed compulsory delisting of equity shares of the company, in term of Regulation 22 (3) of SEBI (Delisting of Equity shares) Regulation, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/common/CorporateAnnouncements).

The Exchange has sought clarification from the Company with respect to news item captioned ����Punjab National Bank��s loan wilful defaulter stands at Rs.14600 crore; upto 31% from a year ago��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether

Mahendra Shah (For and on behalf of Promoter Group) has submitted to the Exchange the disclosure under regulation 30(1) and 30(2) of SEBI (SAST) Regulations, 2011.

C. Mahendra Exports Limited has informed the Exchange regarding "Declaration of Result of Postal Ballot of the Company".

C. Mahendra Exports Limited has informed the Exchange that Ministry of Corporate Affairs, The Registrar of Companies, Mumbai vide its letter dated September 30, 2016 have granted an extension of three months for holding the Annual General Meeting of the Company for the financial year ended March 31, 2016.

The Exchange had sought clarification from C. Mahendra Exports Limited with respect to an announcement submitted to the Exchange dated September 26, 2016, that 1. HDFC Bank Ltd has filed winding up petition against the Company at Mumbai High Court. 2. Champak Mehta and others have filed petition before NCLT for oppression and Mismanagement against Mahendra Shah and others. 3. State Bank of India have filled application before DRT for recover of its dues against the subsidiary company. 4. CFO Mr. Tushar Shah & CEO, Mr. Mehul Jain have tendered their resignation with immediate effect.On basis of

CMAHENDRA:The Exchange has sought clarification from C. Mahendra Exports Limited with respect to an announcement submitted to the Exchange dated September 26, 2016, that 1. HDFC Bank Ltd has filed winding up petition against the Company at Mumbai High Court. 2. Champak Mehta and others have filed petition before NCLT for oppression and Mismanagement against Mahendra Shah and others. 3. State Bank of India have filled application before DRT for recover of its dues against the subsidiary company. 4. CFO Mr. Tushar Shah & CEO, Mr. Mehul Jain have tendered their resignation with immediate effect.O

C. Mahendra Exports Limited has informed the Exchange vide letter dated September 24, 2016 regarding - Company Updates: (1). Bank of Baroda pursuance to SARFEASI Act has taken over Physical Possession of 5 Mumbai properties out of 12 Mumbai properties mortgaged to the consortium of 14 Banker, wherein Bank of Baroda is the lead bank. They are in the process of taking over the balance properties. 2. HDFC Bank Ltd has filed winding up petition against the Company at Mumbai High Court. 3. Champak Mehta and others have filed petition before NCLT for oppression and Mismanagement against Mahendra Sha

C. Mahendra Exports Limited has informed the Exchange that in the Board meeting held today i.e. September 08, 2016, the Board considered and approved, the Notice of Postal Ballot for approval of Members, for Appointment of Statutory Auditors of the Company. The cut-off date for Postal Ballot is September 09, 2016. Voting will start from September 12, 2016 and will end on October 12, 2016

C. Mahendra Exports Limited has informed the Exchange that in the Board meeting held today i.e. September 08, 2016, the Board considered and approved, the Notice of Postal Ballot for approval of Members, for Appointment of Statutory Auditors of the Company. The cut-off date for Postal Ballot is September 09, 2016. Voting will start from September 12, 2016 and will end on October 12, 2016.

C. Mahendra Exports Limited has informed the Exchange that in the Board Meeting of the Company held on August 31, 2016, the Board approved to make application for granting extension for convening the Annual General Meeting of the Company for a period of 3 months i.e. till December 31, 2016 pursuant to section 96 of the Companies Act, 2013 and rules made there under be made to Hon ble Registrar of Companies, Mumbai, Maharashtra.

The Exchange has sought clarification from C. Mahendra Exports Limited with respect to recent news item captioned ''BOB led Consortium Files complaint against exporter''. In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of an

C. Mahendra Exports Limited has informed the Exchange that the Board Meeting of the Company held on July 8, 2016, the Board approved the following business: 1. Appointed Mr. Naresh Ghai as Independent Director of the Company. 2. Accepted resignation tendered by Mr. Diwakar Singh as Director of the Company.

The Exchange has sought clarification from C. Mahendra Exports Limited with respect to recent news item captioned ''BOB led Consortium Files complaint against exporter''. In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company are aware of an

C. Mahendra Exports Limited has informed the Exchange vide letter dated June 13, 2016 that banks have filed recovery proceedings before debt recovery tribunal and the same is being challenged by the company.

C. Mahendra Exports Limited has informed the Exchange vide letter dated June 13, 2016 that there was a fire at Company's Wind Turbine at Sangli due to fluid coupling short circuit in Nacelle. Surveyors are in the process of estimating the amount of loss.

The Exchange is in receipt of letter dated April 13, 2016 regarding "M/s. C. Mahendra Exports Limited - Declaration as Wilful Defaulter".

The Exchange had sought clarification from the Company on receipt of letters from Mr. Champak K Mehta(Ex-Managing Director) and R. H. Modi & Co.(Ex-Auditor). The Company has vide letter dated June 02, 2016 has given its clarification.(Copy of both are enclosed)

C. Mahendra Exports Limited has informed the Exchange that the Company has been in default on payments to banks which has been disclosed in last two quarterly results. Further, the company has submitted copy of CIBIL report.

C. Mahendra Exports Limited has informed the Exchange vide letter dated May 16, 2016 regarding "Company updates".

Mahendra Shah has submitted to the Exchange vide letter dated April 4, 2016 a copy of disclosure under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

C. Mahendra Exports Limited has informed the Exchange that the following Directors / Key Managerial Personnel are authorized for the purpose of determining materiality of an event and for the purpose of making disclosure to the stock exchange under the captioned regulation: Mr. Mahendra Shah Chairman and Managing Director, Mr. Mehul Jain - Chief Executive Officer, Mr. Tushar Shah - Chief Financial Officer, Mr. Mithun Patel - Company Secretary

C. Mahendra Exports Limited has informed the Exchange that in the Board Meeting of the Company held March 19, 2016, the Board approved the following business:1) Appointed Mr. Mahendra Shah as Chairman and Managing Director of the Company2) Appointed Mr. Mithun Patel as Company Secretary and Compliance Officer3) Appointed Mr. Mehul Jain as Chief Executive Officer4) Appointed Mr. Tushar Shah as Chief Financial officer

C. Mahendra Exports Limited has submitted to the Exchange the standalone financial results along with the Limited Review Report for the period ended .

C. Mahendra Exports Limited has informed the Exchange that Mr. Champak Mehta was appointed as Managing Director for a period of 5 years w.e.f January 1, 2011. Mr. Champak Mehta Managing Director has now expressed his desire not to be appointed as Managing Director but wish to continue as Non-Executive Director.Pursuant to clause 8 of the Agreement for appointment of Mr. Champak Mehta as Managing Director dated January 3, 2011, Members Resolution dated December 28, 2010 and Mr. Champak Mehta letter dated January 9, 2016, Mr. Champak Mehta ceases to be Managing Director (Director) of C Mahendra

C. Mahendra Exports Limited has informed the Exchange that in the Meeting of Board of Directors held on January 11, 2016 the following business were transacted: 1. Appointment of Mr. Chetan Bafna as Non Executive Independent Director of the Company; 2. Appointment of Mr. Mahendra Shah as Executive Director (ED), for a period of five years; 3. Acceptance of resignation of Mr. P. N. Shah as Non Executive Independent Director of the Company; 4. Reconstitution of various committees of the Board; Appointment of Mr. Champak Mehta is kept on hold by the Board.

C. Mahendra Exports Limited has informed the Exchange that Disclosures as per Regulation 30(5) of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015.

C. Mahendra Exports Limited has submitted to the exchange the standalone financial results for the period ended 30-Sep-2015.

C. Mahendra Exports Limited has informed the Exchange vide letter dated October 21, 2015 regarding the clarification with respect to Public Notice given in the newspaper by the statutory Auditors RH Modi & Co.

C. Mahendra Exports Limited has informed the Exchange the Report of the Scrutinizer and Voting Pattern under clause 35A of the Listing Agreement at the Annual General Meeting held on September 26, 2015.

C. Mahendra Exports Limited has informed the Exchange regarding the outcome and details of the voting results at the Annual General Meeting held on September 26, 2015, under Clause 35A of the Listing Agreement.

R. H. Modi & Co. (A statutory Auditors of the company) has submitted to the Exchange a copy of letters dated September 8, 2015 and September 21, 2015 (received by the Exchange on September 22, 2015) regarding the Audited Results for company stating that the Audit Report purported to be signed by us is actually draft report meant for discussion by the Audit Committee of the Company and that the said Report is neither a final report nor is it signed by us. Pending the resolution of some of the queries raised in the course of audit, neither the Financial Statements nor the audit report filed with

C. Mahendra Exports Limited has submitted to the Exchange a copy of revised Audited Financial Results for the quarter and year ended March 31, 2015.

C. Mahendra Exports Limited has submitted to the exchange the standalone financial results for the period ended 31-Mar-2015.

C. Mahendra Exports Limited has informed the Exchange that the Register of Members & Share Transfer Books of the Company will remain closed from September 23, 2015 to September 25, 2015 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 26, 2015.

C. Mahendra Exports Limited has informed the Exchange that Pursuant to the provisions of Section 108 of the Companies Act, 2013 and the Rules framed thereunder, the members are provided with the facility to cast their vote electronically, through the e-voting services provided by Central Depository Services (India) Limited (CDSL), on all the resolutions set forth in the Notice of the AGM. The e-voting period commences on September 23, 2015 to September 25, 2015.

C. Mahendra Exports Limited has submitted to the exchange the standalone financial results for the period ended 30-Jun-2015.

C. Mahendra Exports Limited has informed the Exchange that the "Company receipt final Voluntary delisting approval from the Metropolitan Stock Exchange (MCX) and that the Equity Shares of the Company shall be suspended from trading w.e.f. August 10, 2015; further the company will be delisted from the Capital Market Segment of the Exchange w.e.f. August 17, 2015". However the Company shall continue to stay listed on other recognised stock exchanges having Nationwide trading terminals i.e BSE and NSE.

C. Mahendra Exports Limited has informed the Exchange that the Company has made an application for voluntary delisting of its Equity Shares to Metropolitan Stock Exchange of India Limited.The equity shares of the company shall continue to be listed on BSE Limited and National Stock Exchange of India Limited, both having nationwide trading terminals and hence, the delisting of equity shares from MCX-SX is not detrimental to the shareholders of the company.

C. Mahendra Exports Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on June 20, 2015 transacted the following business: a. Appointed Ms. Bindiya Vasani as Woman Director- Non Executive Independent Director b. Appointed Mr. Diwakar R Singh as Non Executive Independent Director c. Allotted 6,05,67,780 fully paid up equity shares of Rs. 10/- each as Bonus Shares to the shareholders of the Company.

C. Mahendra Exports Limited has informed the Exchange that Mr. Swapnil Dafle has resigned from the post of Company Secretary w.e.f. April 1, 2015, which has been accepted by the Board on June 6, 2015.

C. Mahendra Exports Limited has informed the Exchange that the Company has fixed Record Date as June 19, 2015 for the purpose of Bonus 1:1

C. Mahendra Exports Limited has informed the Exchange that the Extraordinary General Meeting of the Members of the Company was held on June 06, 2015.

C. Mahendra Exports Limited has submitted to the Exchange, vide letter dated June 6, 2015 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

C. Mahendra Exports Limited has informed the Exchange that the Chetan Bafna an Independent Director who was appointed as Additional Director of the Company had resigned from the Company w.e.f. May 20, 2015.

C. Mahendra Exports Limited has informed the Exchange that the Board of Directors of the Company has received the resignation of Smt. Rasilaben M. Shah from the post of women additional director of the Company with effect from April 18, 2015 due to his pre-occupations.

C. Mahendra Exports Limited has submitted to the Exchange a copy of Notice of Extraordinary General Meeting of the Company scheduled to be held on June 06, 2015.

Samir Pravin Shah has submitted to the Exchange vide letter dated May 05, 2015 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

C. Mahendra Exports Limited has informed the Exchange that the Meeting of Board of Directors of the Company held on May 04, 2015, whereas the Board has considered and approved the conversion of 1,25,00,000 6% Redeemable Preference Shares of Face Value of Rs. 10 each issued at premium of Rs. 90 into equity share capital of the Company at a price as per Regulation 76(1) if ICDR, 2009 subject to the approval of the members of the Company and other regulatory approvals applicable.