The Board of Directors of the Company at its meeting held on March 20, 2023 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Limited and has authorized the corporate action for allotment of the Equity Shares to various successful applicants.

The Refund of allotment intimation will be dispatched to the address of the Applicants as registered with the depositories on or about March 21, 2023. Further, the instructions to Self Certified Syndicate Banks for unblocking the funds have been shared on March 20, 2023. In case the same is not received within ten days, investors may contact Registrar at the address given below.

The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on SME Platform of BSE Limited within six working days from the date of the closure of the Issue.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated March 06, 2023 ("Prospectus’').

In terms of Prospectus dated March 06, 2023 and as per Regulation 253 of SEBI (ICDR) Regulations, 2018 wherein a minimum of 50% of the Net Issue of shares to Public shall initially be made available for allotment to a) Retail Individual Investors as the case may be. The balance net offer of shares to the public shall be made available for allotment to b) individual applicants other than retail investors and other investors including corporate bodies / institutions irrespective of number of shares applied for. The unsubscribed portion of the net issue to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required. Explanation: Chapter IX, part VIII (253) of SEBI (ICDR) Regulation, 2018. If the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

CORRIGENDUM: NOTICE TO INVESTORS: This is with reference to the Prospectus dated March 06, 2023, ("Prospectus") filed with the Registrar of Companies, Bengaluru (the "ROC"), the BSE and the Securities and Exchange Board of India ("SEBI") in relation to the -Issue. All capitalized term used in the notice shall, unless the context otherwise requires, have the meaning ascribed in the Prospectus. Investors should note that on the cover page of the Prospectus, the takeover date of running business of Solanki Enterprise should be read as "November 11, 2022" and the details of Lock-in under chapter "Capital Structure"" on page 59 to be read as -.

INVESTORS PLEASE NOTE:

The details of the allotment made would also be hosted on the website of the Registrar to the Issue Bigshare Services Private Limited at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

	Bigshare Services Private Limited
	Address: - S6-2,6th Floor, Pinnacle Business Park, Next to Ahura Centre,
	Mahakali Caves Road, Andheri (East) Mumbai - 400093, Maharashtra, India
	Tel No.: +91-022-62636200 | Fax No.: +91-022-62638299
	Website: www.bigshareonline.com | Email: ipo@bigshareonline.com
	Contact Person: Mr. Babu Rapheal | SEBI Regn. No.: INROQC001385

	For and on behalf of the Board of Directors
	Labelkraft Technologies Limited
	Sd/-
	Ranjeet Kumar Solanki
Place: Bangalore, Karnataka	Chairman & Managing Director
Date: March 20, 2023	DIN: 00922338

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF LABELKRAFT TECHNOLOGIES LIMITED.

Disclaimer:: LABELKRAFT TECHNOLOGIES LIMITED has filed the Prospectus with the RoC on March 06, 2023 and thereafter with SEBI and the Stock Exchanges. The Prospectus is available on the website of SEBI at www.sebi.gov.in and on the websites of the LM, Hem Securities Limited at www.hemsecurities.com. Investors should note that investment in Equity Shares involves a high degree of risk and for details relating to the same, please see "Risk Factors" beginning on page 21 of the Prospectus.

The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any state securities laws in the United States, and unless so registered, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to. the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity Shares are being offered and sold outside the United States in 'offshore transactions' in reliance on Regulation under the Securities Act and the applicable laws of each jurisdiction where such offers and salesare made.There will be no public offering in the United States.

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