Suprajit Engineering clocks record Quarterly performance

Please see attachment for details, the following is just a summary:

Results Update:
Suprajit reported best quarterly performance in the history of the Company. There was robust growth in PBT, EBIDTA and sales both on a Quarter on Quarter basis as well as year on year.

Subsidiaries performed well for the 9 months, adding to the profitability on a consolidated

Aftermarket and non-automotive exports business clocked robust growths of 35% and 45%

Considering the robust performance of the period, the Board of Directors have
recommended an increased interim dividend of 45%(Rs. 0.45/share of Re. 1/-), as against
35% last year.

CAPEX Update:

Suprajit announces multiple capex plans including two new cable plants in Narsapura Industrial area, Karnataka and in Vallam-Vadagal Industrial Park, Tamilnadu.

Suprajit also anounces significant capacity expansion at the existing Pathredi plant, Rajasthan. Complete renovation and refurbishing of an existing plant in Bommasandra, Bangalore to
relocate the aftermarket manufacturing facility to meet increased demand. Additional equipments to add capacity at its 100% owned subsidiary, Suprajit Automotive.

Reappointment of Chairman and Managing Director:
The Board of Directors have reappointed Mr.K Ajith Kumar Rai, as Chairman and Managing
Director for a 5-year term. The Remuneration Committee, which met to discuss the
reappointment and remuneration, recommended a reduced remuneration cap on commission
of 4% as against the current cap of 5%, with a revised salary structure. This was approved by
the Board.

Anouncements from Suprajit

Please find enclosed invitation for Investors conference call to be held on 31 May 2021, at 11:00 am IST

Public Announcement for the attention of the equity shareholders / beneficial owners of equity shares of Suprajit Engineering Limited for Buyback of equity shares through tender offer.

The Board of Directors of the Company, at their Meeting held on 10.02.2021, have recommended an Interim Dividend of Re.0.75 per Equity Share of Rs.1/-. each for the Financial Year…

Please find enclosed invitation for Investors conference call to be held on 11 February 2021, at 11:00 am IST

Please find enclosed invitation for Investors conference call to be held on November 13, 2020 at 11:00 AM IST.

Suprajit in the News / Media

We reiterate our Buy rating on Suprajit Engineering Limited with a revised PT of Rs. 329, factoring its robust value proposition to its domestic and global clients, aided by its…

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