Key Board Approvals

1. Warrant Conversion and Equity Allotment

  • Conversion of 1,42,000 (One Lac Forty Two Thousand) Convertible Share Warrants held by Promoter & Promoter Group into Equity shares
  • Allotment of 1,42,000 fully paid-up Equity Shares of ₹10 each, issued at ₹1614 per share (including Securities Premium ₹1604)
  • Allotment made for cash upon receipt of balance exercise price of ₹1,210.50 per warrant (75% of issue price)
  • Total amount received: ₹17,18,91,000 (Seventeen crore eighteen lakh ninety-one thousand)
  • Original warrant issuance approved by shareholders on February 18, 2025
  • Initial subscription amount paid: ₹403.50 per warrant, aggregating ₹5,72,97,000 at time of warrant issuance

Capital Structure Impact

| Particulars | Before Allotment | | After Allotment | |

|-------------|------------------|--|-----------------|--|

| | No. of Shares | Value (₹) | No. of Shares | Value (₹) |

| Issued Capital | 92,06,243 | 9,20,62,430 | 93,48,243 | 9,34,82,430 |

| Paid Up Capital | 92,06,243 | 9,20,62,430 | 93,48,243 | 9,34,82,430 |

The equity shares allotted rank pari passu with existing equity shares.

Allottee Details

| Name of Allottee | Category | Pre-Issue Holding | | Shares Allotted | | Post-Issue Holding | |

|------------------|----------|-------------------|--|-----------------|--|-------------------|--|

| | | No. of shares | % | No. of shares | % | No. of shares | % |

| Aditya Vikram Birla | Promoter | 32,69,600 | 35.51 | 68,000 | 0.73 | 33,37,600 | 35.70 |

| AVB Entech Private Limited | Promoters Group | 1,00,000 | 1.09 | 74,000 | 0.79 | 1,74,000 | 1.86 |

| Total | | 33,69,600 | 36.60 | 1,42,000 | 1.52 | 35,11,600 | 37.56 |

2. Director Appointment

  • Appointment of Mr. Pranab Kumar Chatterjee (DIN: 11898028) as Additional Director
  • Effective date: August 27, 2026
  • Term: Until conclusion of ensuing Annual General Meeting or last date AGM should have been held, whichever earlier
  • Governed by Section 161(1) of Companies Act, 2013

Director Profile

  • Distinguished legal professional and former Judge of Calcutta High Court
  • Practiced as Advocate at Calcutta High Court since 1978
  • Elevated as Judge on September 15, 2000
  • Retired as Senior Most Puisne Judge of Calcutta High Court on August 9, 2015
  • Extensive experience in law, judiciary and public institutions
  • Not related to any Directors, Key Managerial Personnel, Promoters or Promoter group
  • Not debarred from holding director office by any SEBI order or authority

Meeting Details

  • Board meeting held on August 27, 2026
  • Commenced at 11:00 AM, concluded at 12:15 PM
  • Reference to earlier communication: Ref No. CCL/BSE/2026-27/054 dated August 24, 2026