THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA

RAJGOR CASTOR DERIVATIVES LIMITED

Corporate Identity Numbers: U74995GJ2018PLC102810

Our Company was originally incorporated as "Hindprakash Castor Derivatives Private Limited" as a private limited company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated June 13,2018, issued by the Registrar of Companies, Central Registration Centre. Subsequently, the name of our company was changed from "Hindprakash Castor Derivatives Private Limited" to "Ardent Castor Derivatives Private Limited", pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on January 17,2Cinuary 17,2022, vide Certificate oF Incorporation dated January 20, 2022, issued by the Registrar of Companies, Ahmedabad. Later on, the name of our company was changed from "Ardent Castor Derivatives Private Limited" to "Rajgor Castor Derivatives Private Limited", pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on February 2,2022, vide Certificate of Incorporation dated February 15,2022 issued by the Registrar of Companies, Ahmedabad. Further, our company was converted from a private limited company to public limited company, pursuant to a special re:) a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on June 21,2022 and consequently, the name of our Company was changed to "Rajgor Castor Derivatives Limited" and afresh certificate of incorporation dated July 5,2022 was issued to our Company by the Registrar of Companies)f Companies, Ahmedabad. The Corporate Identification Number of our Company is U74995GJ2018PLC102810. For details of change in registered office of our Company, please refer to chaptert itled "History and Corporate Structure" beginning on page no. 126 of this Prospectus.

INITIAL PUBLIC OFFER OF 9561000 EQUITY SHARES OF FACE VALUE OFRs. 10/- EACH OF RAJGOR CASTOR DERIVATIVES LIMITED ("RCDL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OFRs. 50/- PER EQUITY SHARE INCLUDINGINCLUDING A SHARE PREMIUM OF Rs. 40/- PER EQUITY SHARE (THE "OFFER PRICE") AGGREGATING TO Rs.4780.50 LAKHS ("THE OFFER") COMPRISING OF A FRESH ISSUE 8895000 EQUITY SHARES AGGREGATING TO Rs. 4447.50/- LAKHS (THE "FRESH ISSUE") AND AN OFFER FOR SALE OF 666000 EQUITY SHARES BY PROMOTER AND PROMOTER GROUP SELLING SHAREHOLDER- MR. BRIJESHKUMAR VASANTLAL RAJGOR. MR. VASANTKUMAR S HANK ARLAL RAJGOR. MR. MAHESHKUMAR SHANKARLAL RAJGOR. MRS. INDUBEN VAS ANT KUMAR RAJGOR. MRS. JAGRUTIBEN PARESHKUMAR RAJGOR,MRS. KIRANBEN MAHESHKUMAR RAJGOR. MR. PARESHKUMAR VASUDEV RAJGOR AND MRS. ZENISHABEN ANILKUMAR RAJGOR AGGREGATING TO Rs. 333.00/- LAKHS ("OFFER FOR SALE"). OF WHICH 501000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FOR CASH AT A PRICE OF Rs. 50/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OFRs. 40/- PER EQUITY SHARE AGGREGATING TO Rs. 250.50 LAKH S WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE OFFER (THE "MARKET MAKER RESERVATION PORTION"). THE OFFER LESSTHEMARKET MAKER RESERVATION PORTION i.e. NETOFFER OF 9060000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH AT A PRICE OF Rs. 50/- PEREQUITY SHAREINCLUDING A SHARE PREMIUM OFRs. 40/- PER EQUITY SHARE AGGREGATING TO Rs. 4530.00 LAKHS IS HEREIN AFTER REFERRED TO ASTHE "NETOFFER'.THE OFFERTHEOFFERANDTHE NET OFFER WILL CONSTITUTE 39.98% AND 37.88 %, RESPECTIVELY OF THE POST OFFER PAID UP EQUITY SHARECAPITAL OF OURCOMPANY.THEFACE VALUE OFTHE EQUITY SHARES IS Rs. 10/- EACH.

BRLM associated with the issuer has handled 18 Public issues in last 3 Financial years, below are the details;

• Average cost of acquisition of Equity Shares held by the Promoters is mentioned below

*The average cost of acquisition of Equity Shares by our Promoters has been calculated by taking into account the amount paid by them to acquire and Shares allotted to them as reduced by amount received on sell of shares i.e. net of sale consideration is divided by net quantity of shares acquired.

• Weighted Average Return on Net worth for Fiscals 2023, 2022 and 2021 is 0.28%.

This Offer is being made through the Book Building Process, in terms of Rule 19(2)(b) of Ihe Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 229 of the SEBIICDR Regulations and in compliance with Regulation 253 of the SEBIICDR Regulations, wherein not more than 50.00% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs'^r) (the "QIB Portion''). further.5.00%of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual finds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above The Issue Price. However, if the aggregate demand from Mutual Funds is lesst han 5.00% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15.00% of the Net Offer shall be available for allocation on a proportionate basis to Non-lnstitutional Investors and not less than 35.00% of the Net Issue shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price. All Bidders are required to participate in the Offer by mandatory utilizing the Application Supported by Blocked Amount (‘ASBA") process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks ("SCSBs")or underthe UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see "Offer Procedure "on page 216 of the Prospectus.

The bidding for Anchor investors opened and closed on Monday. October 16,2023. The company received 7 Anchor Investors application for 3444000 Equity Shares. The Anchor Investor Allocation Price was finalized at Rs. 50.00 per Equity Share. A total of 2712000 Equity Shares were allotted under the Anchor Investor portion aggregating to Rs. 13,56,00,000/-.

The offer (including Anchor Investor Portion) received applications for 67,35.69,000 Equity Shares (before technical rejections and after invalid bids Multiple /Duplicate). The offer (including Anchor Investor Portion) received applications for 66,61,71,000 Equity Shares (after technical rejections and after invalid bids Multiple /Duplicate) resulting in 69.68 times subscription (including reserved portion of market maker). The Details of the total Valid Applications received in the offer are for 66,61,71.000 Equity Shares from various categories and are as under:

A summary of the final demand as per NSE as on the Bid/lssue Closing Date at different Bid Prices is as under:

1) Allocation to Retail Individual Investors (After Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off Price or at or above the Issue PriceofRs.50/- per equity shares, was finalized in consultation with NSE. The category was subscribed by 78.17 times i.e. for 24,81,27,000 Equity Shares. Total number of shares allotted in this category is 31,74,000 Equity Shares to 82,709 successful applicants. The category wise details of the Basis of Allotment as under:

2) Allocation to Non-institutional Investors (After Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, who have bid at Issue Price of Rs. 50/- per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 261.35 times i.e. for 35,59,59,000 Equity Shares the total number of shares allotted in this category is 13,62,000 Equity Shares to 7,410 successful applicants. The category wise details of the Basis of Allotment are as under

3) Allocation to QIBs excluding Anchor lnvestors (After Rejections & Withdrawal): The Basis of Allotment to QIBs, who have bid at Issue Price ofRs. 5ft'-per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 32.09 times i.e. for 5,81,40,000 Equity shares the total number of shares allotted in this category is 18,12,000 Equity Shares to 20 successful applicants. The category wise details of the Basis of Allotment are as under:

4) Allocation to Anchor Investors (After Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 2712000 Equity Shares to 8 Anchor Investors at Anchor investor issue Price of Rs. 50/-perEquity Shares in accordance with the SEBI ICDR Regulations, The category wise details of the Basis of Allotment are asunder:

5) Allocation to Market Maker (After Rejections & Withdrawal): The Basis of Allotment to Market Maker who have bid at Issue Price of Rs. 50/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 1.00 times i.e. for 501000 Equity shares the total number of shares allotted in this category is 501000 Equity Shares. The category wise details of the Basis of Allotment are as under:

The Board of Directors of the Company at its meeting held on October 25, 2023 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants. The CAN-cum-allotment advices and/or notices will forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before October 26, 2023. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount was processed on October 23, 2023. Incase the same is not received within ten days, investors may contact 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 the NSE EMERGE within six working days from the date of the closure of the issue.

Note: All capitalized terms used and not defined he rein shall have the respective meanings assigned to them in the Prospectus dated October 21, 2023 ("Prospectus") filed with Registrar of Companies. Ahmedabad.

(1) On page No. 41 of the Red Herring Prospectus, in the chapter titled "The Offer". Allocation to Retail Individual Investors should be read as "At least 3174000 Equity Shares of Rs. 10/-each at a price of Rs. [•]/-per Equity Share each aggregating to Rs. [•] Lakhs."

The details of the allotment made would also be hosted on the website of the Registrar to the issue. Link Intime India Private Limited at www.linkintime.co.in. 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 Bid cum 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:

Rajgor Castor Derivatives Limited is proposing, subject to market conditions, public issue of its equity shares and has filed the Prospectus with the Registrar of Companies. Ahmedabad. The Prospectus is available on the website of SEBI at www.sebi.gov.in. the website of the Lead Manager at www.beelinemb.com. website of the NSE at www.nseindia.com and website of lssuer Company at www.rajgorcastor.com. Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely onthe Prospectus including the section titled "Risk Factors" beginning on page 26 of the Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be registered underthe US Securities Act (the "Securities Act") or any state securities law in United States and may not be Issued or sold within the United States or to. or for the account or benefit of. "U.S. persons" (as defined in the Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.