Date: October 9, 2026

Board Meeting Outcomes

  • The disclosure provides an update on the proposed preferential issue of equity shares for consideration other than cash pursuant to a share swap arrangement
  • The issuance is being made in accordance with Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Companies Act, 2013
  • The company has enclosed shareholding pattern details before and after the proposed issuance as required by stock exchange suggestions

Shareholding Pattern Changes (Annexure A)

Pre-Issue Shareholding (Total: 4,68,82,257 shares, 100.00%)

Promoters and Promoter Group Holding: 36.50% (1,71,13,393 shares)

  • Indian Individual/HUF: 34.68% (1,62,59,424 shares)
  • Indian Bodies Corporate: 1.82% (8,53,969 shares)
  • Foreign Promoters: 0.00% (0 shares)

Public Holding/Non-Promoter Holding: 63.50% (2,97,68,864 shares)

  • Institutions: 15.11% (70,84,897 shares)
  • Foreign Portfolio Investor: 15.11% (70,84,857 shares)
  • NBFCs registered with RBI: 0.00% (40 shares)
  • Non-Institution: 48.38% (2,26,83,967 shares)
  • Indian public (Resident Individuals): 13.11% (61,44,351 shares)
  • Foreign Companies: 24.54% (1,15,05,195 shares)
  • Any Other (specify): 9.05% (42,42,187 shares)
  • Bodies Corporate: 1.09% (5,12,548 shares)
  • Non-Resident Indians (NRIs): 0.50% (2,35,455 shares)
  • Key Managerial Personnel: 0.09% (41,231 shares)
  • ESOP Trust: 0.01% (3,000 shares)
  • Outstanding ESOP Granted: - (6,24,950 shares)

Post-Issue Shareholding (Total: 4,95,57,795 shares, 100.00%)

Total shares to be allotted: 26,75,538 equity shares

Promoters and Promoter Group Holding: 34.53% (1,71,13,393 shares)

  • Indian Individual/HUF: 32.81% (1,62,59,424 shares) - reduction of 1.87%
  • Indian Bodies Corporate: 1.72% (8,53,969 shares) - reduction of 0.10%

Public Holding/Non-Promoter Holding: 65.47% (3,24,44,402 shares)

  • Institutions: 14.30% (70,84,897 shares) - reduction of 0.81%
  • Non-Institution: 51.17% (2,53,59,505 shares) - increase of 2.79%
  • Indian public (Resident Individuals): 16.54% (81,94,939 shares) - increase of 3.43%
  • Foreign Companies: 23.22% (1,15,05,195 shares) - reduction of 1.32%
  • Any Other (specify): 8.56% (42,42,187 shares) - reduction of 0.49%
  • Outstanding ESOP Granted: 1.26% (6,24,950 shares)

Allottee Details (Annexure B)

Percentage of Post Preferential Issue Capital held by proposed allottees:

| Allottee | Shares in GDPL | % Holding in GDPL | Shares Allotted | Post-Allotment Shares | % Post Allotment |

| Mr. Amber Pabreja | 38,148 | 21.71 | 11,82,588 | 11,82,588 | 2.39 |

| Ms. Devi Yeshodharan | 28,000 | 15.94 | 8,68,000 | 8,68,000 | 1.75 |

| TOTAL | 66,148 | 37.65 | 20,50,588 | 20,50,588 | 4.14 |

Swap Ratio: 1:31 (with fractional entitlement to be paid in cash as actual calculation comes to 1:31.0368)

Control and Management Impact

  • There will be no change in the control or management of the Company pursuant to the proposed preferential issue
  • The percentage holding of the promoters of the Company will reduce by 1.97% (from 36.50% to 34.53%)