The Board inter alia noted and approved the following business:

1. Bonus Share Issue: Recommended the issue of bonus equity shares in the proportion of 6:1. This means 6 (Six) bonus equity shares of ₹2/- each for every 1 (One) fully paid-up equity share held by public shareholders (excluding the Promoter and Promoter Group) as on the record date. The purpose is to achieve compliance with the minimum public shareholding requirement mandated under rule 19A of the Securities Contracts (Regulation) Rules, 1957 read with regulation 38 of the SEBI (LODR) Regulations, 2015. This is subject to the approval of the Members of the Company.

2. EGM Notice: Approved the notice for an Extra-Ordinary General Meeting (EGM) of the members of the Company to be held on Monday, the 07th day of December, 2026. The meeting will be conducted through video conferencing and/or other audiovisual means in compliance with the Companies Act, 2013 and MCA Circulars. The purpose is to seek shareholder approval for the bonus issue.

3. E-Voting Agency: Appointed Bigshare Services Private Limited as the Remote E-Voting Agency for the resolutions proposed to be passed at the EGM.

4. Scrutinizer Appointment: Appointed M/s. Kamlesh shah & Co., Practicing Company Secretaries, as the Scrutinizer for conducting the e-voting process in a fair and transparent manner.

The notice of the EGM will be submitted to the Stock Exchange and the E-voting Agency as soon as it is emailed to the eligible shareholders.

Annexure-I Details

Details as required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, are provided:

  • Source of Bonus: The issuance shall be from the capitalization of free reserves, subject to shareholder approval.
  • Bonus Ratio: 6:1. Six new fully paid-up Equity Shares of ₹2 each for every one existing fully paid-up Equity Share of ₹2 held by eligible public shareholders (excluding promoter and promoter group) as on the record date.
  • Share Capital:
  • Pre-bonus issue paid-up share capital: 5,00,000 equity shares of face value ₹2/- each, aggregating to ₹10,00,000.
  • Post-bonus issue paid-up share capital: 6,50,000 equity shares of face value ₹2/- each, aggregating to ₹13,00,000.
  • The amount of free reserves required for the bonus issue is ₹3,00,000, though the actual amount will be determined based on the paid-up share capital as on the record date.
  • Available Reserves: Free reserves of ₹331.80 Lakhs are available as on 31.03.2026.
  • Audited Figures: The aforementioned figures are audited.
  • Estimated Credit/Dispatch Date: The bonus shares are estimated to be credited/dispatched within two months from the date of the Board Meeting, i.e., on or before January 04, 2027.