Beezaasan Explotech Approves ₹29.28 Crore Preferential Issue

1. Increase in Authorized Share Capital

Approved an increase in the existing Authorized Share Capital from ₹16,00,00,000 (Rupees Sixteen Crores) divided into 1,60,00,000 equity shares of ₹10 each to ₹46,00,00,000 (Rupees Forty Six Crores only) divided into 4,60,00,000 equity shares of ₹10 each.
This approval is subject to the approval of the company's members.

2. Preferential Issue of Equity Shares

Approved the creation, issuance, offer, and allotment of up to 5,13,772 Equity Shares with a face value of ₹10 each at a price of ₹570 per share (including a premium of ₹560 per share).
The total issue aggregates to ₹29,28,50,040 (Rupees Twenty Nine Crore Twenty Eight Lakh Fifty Thousand and Forty only) for cash consideration.
The shares will be allotted to identified persons/entities (Proposed Allottees) via a preferential issue.
The issue is in accordance with Section 42 and Section 62(1)(c) of the Companies Act, 2013, read with relevant Rules, Chapter V of SEBI (ICDR) Regulations, 2018, and SEBI (LODR) Regulations, 2015.
The approval is subject to necessary approvals from the company's members and other regulatory authorities.
The required disclosure as per SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is provided in Annexure I.

Details of Preferential Issue (Annexure I)

Investor Details (Annexure A)

The preferential issue is to the following four non-promoter/public investors:

1. Ashish Kacholia: 3,42,637 shares for ₹19.53 Crores

2. Heetaben Amar Maurya: 7,100 shares for ₹0.40 Crores

3. Kadayam Ramanathan Bharat: 1,14,035 shares for ₹6.50 Crores

4. Ashika Global Securities Limited: 50,000 shares for ₹2.85 Crores

Shareholding Pattern Impact (Annexure B)

Pre-Issue (as of September 11, 2026): Total shares: 1,51,51,774. Promoter & Promoter Group: 1,13,63,621 shares (74.99%). Public: 37,88,153 shares (25.01%).
Post-Issue: Total shares: 1,56,65,546. Promoter & Promoter Group: 1,13,63,621 shares (72.54%). Public: 43,01,925 shares (27.46%).
The preferential issue results in a dilution of the Promoter & Promoter Group's holding by approximately 2.45%.

3. Deferred Investment Proposal

The Board deferred, for the time being, a proposal for investment in equity shares by way of purchase or acquisition of securities from existing shareholders of M/s. Asawara Earthtech Limited (AEL), an associate company.
The deferral is for the purpose of exploring other alternatives.

4. Extraordinary General Meeting (EGM)

The Board approved holding an Extraordinary General Meeting (EGM) of the members on Tuesday, October 13, 2026, at 3:00 PM (IST) through Video Conferencing / Other Audio Visual Means (OAVM).
The purpose of the EGM is to seek requisite approvals from members for the proposals at item nos. 1 (Capital Increase) and 2 (Preferential Issue).
The Board approved the draft notice of the EGM.
The notice will be sent separately to the Stock Exchanges and members and will be available on the company's website (www.beezaasan.com) and the websites of the stock exchanges.
The company has fixed October 6, 2026, as the "Cut-off Date" for determining the eligibility of members entitled to vote by remote e-voting.
Shareholders holding shares in dematerialized form as of the close of business hours on October 6, 2026, will be entitled to avail the facility of remote e-voting and voting at the EGM.

5. Appointment of Scrutinizer

The Board approved the appointment of M/s. Parikh Dave & Associates, Practicing Company Secretary, as the Scrutinizer to scrutinize the e-voting results and the EGM proceedings.

Disclosure and Signatory

The disclosure is signed by Aakansha Kamley, Company Secretary & Compliance Officer (Membership No: 69141), on September 18, 2026.