Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended ("SEBI Listing Regulations") we wish to inform you that the Rights Issue Committee of Natural Capsules Limited ("Company") in its meeting held today viz. Friday July 1 2022 considered and approved the conversion of 28 65 415 (Twenty Eight Lakhs Sixty Five Thousand Four Hundred and Fifteen) Partly Paid-Up Rights Equity Shares of Face Value Rs. 2.5/- Per Share to Rs 5/- per Share Partly Paid-Up pursuant to receipt of First Call Money.