Filing Of The Board Resolution Passed By The Company On Tuesday, The 24Th Day Of July 2018, For Approving The Buyback Of Equity Shares Of The Company, In Terms Of Regulation 5A Of The Securities And Exchange Board Of India (Buy Back Of Securities) Regulations, 1998

• Security Code: 540366
• Company: RADIOCITY

Further to our intimation dated July 24, 2018, please find enclosed the certified true copy of the board resolution passed by the board of directors of the Company at its meeting held on July 24, 2018, to approve the buyback by the Company of its fully paid-up equity shares of face value of INR 10 (Indian Rupees Ten) each, at a price not exceeding INR 385 per Equity Share, out of free reserves or such other sources as permitted by law, for an aggregate amount not exceeding INR 57,00,00,000, excluding brokerage, costs, fees, turnover charges, taxes such as securities transaction tax and goods and service tax (if any), stamp duty and other transaction charges representing 9.87 % of the aggregate of the total paid-up equity share capital and free reserves of the Company based on the audited financial statements of the Company as on March 31, 2018, which is within the maximum amount allowed under the Companies Act and the Buyback Regulations, from the shareholdersof the Company.