Draft Red Herring Prospectus

Mitsu Chem Plast Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a further public offering of its equity shares (the “Equity Shares”) and has filed a draft red herring prospectus (the “DRHP”) dated July 5, 2022, with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at www.sebi.gov.in and on the website of the Book Running Lead Manager  https://idbicapital.com/offerdisclaimer.asp. Any potential investor should note that investment in Equity Shares involves a high degree of risk. For details, potential investors should refer to the DRHP, including the section titled “Risk Factors”. Any decision to invest in the Equity Shares in further public offering may only be taken after a Red Herring Prospectus for the same has been filed with the Registrar of Companies, Maharashtra at Mumbai .”