Nature and Purpose of the Meeting
Meeting of the Management Committee of the Board of Directors was held to consider and approve preferential allotment of fully convertible warrants to a promoter group member.
Details of Resolutions Passed
The Management Committee approved the allotment of 5,00,00,000 (Five Crore) Fully Convertible Warrants at an issue price of Rs. 8.60 per Warrant on a preferential basis.
Allocation Details
| Name of the Allottee | Category | No. of Warrants allotted |
| Alka Agarwal | Promoter Group | 5,00,00,000 |
Financial Impact
The aggregate amount raised through this warrant allotment is Rs. 43,00,00,000/- (Rupees Forty-Three Crore Only).
Consequent to this allotment, the Paid-up Equity Share Capital of the Company on a fully diluted basis shall be Rs. 32,11,58,100/- divided into 32,11,58,100 Equity Shares of face value of Re. 1/- each.
Timing of the Meeting
The meeting commenced at 5:00 PM and concluded at 5:30 PM on Monday, October 05, 2026.
Compliance References
This disclosure is made in accordance with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), as amended from time to time.
Other Material Disclosure
No other material disclosures were mentioned in the document regarding use of proceeds or additional terms of the warrant conversion.