DACCADYE Corporate Disclosure — 15 June 2014

The Company has informed that the Board of Directors of the Company has passed the following resolutions: 1) has decided to go for commercial production of knit dyeing (a new product line) from June 15, 2014 with a capacity of 2 lac kg per year in addition to its existing capacity of woven dyeing. The said product line has been implemented from Company's own source. It is mentionable that the Company has printing capacity for the kinted fabric since before; and 2) has decided to install high quality yarn dyeing plant (another product line) with a capacity of 20 lac kg per year. The finance in connection with that production line will be meet up from its own source.