EGM Details

The Extra Ordinary General Meeting of Kalyani Cast Tech Limited is scheduled to be held on Tuesday, 28th July 2026 at 12:00 P.M. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

The Notice of the EGM was approved by the Board of Directors at its meeting held on 30th June 2026 and is being circulated electronically to members. The notice is available on the Company's website at www.kalyanicasttech.com.

Business to be Transacted

ITEM 1: ISSUE OF CONVERTIBLE EQUITY WARRANTS ON PREFERENTIAL BASIS

Special Resolution to approve the creation, issue, offer and allotment of 3,23,123 Convertible Equity Warrants on preferential basis to the proposed allottees.

Key Transaction Details

  • Total Warrants: 3,23,123
  • Issue Price: ₹582 per warrant (including warrant subscription price and warrant exercise price)
  • Total Issue Size: ₹18,80,57,586 (Eighteen Crore Eighty Lakh Fifty Seven Thousand Five Hundred Eighty Six only)
  • Relevant Date for Pricing: 25th June 2026
  • Allotment Timeline: Within 15 days from date of passing special resolution or 15 days from regulatory approval if pending

List of Proposed Allottees

| Sl.No. | Name | Category | No. of Warrants |

| 1 | Ms. Jayashree Kumar | Promoter Group | 89,708 |

| 2 | Mr. Pradyut Kumar | Promoter Group | 3,000 |

| 3 | Mr. Akshit Kumar | Promoter Group | 10,000 |

| 4 | Mr. Devender Kumar | Promoter Group | 2,500 |

| 5 | Mr. Sanskar Bangani | Promoter Group | 1,07,708 |

| 6 | Ms. Sumbul Khan | Promoter Group | 1,07,707 |

| 7 | Ms. Gayatri | Non-Promoter | 2,500 |

| Total | | | 3,23,123 |

Warrant Terms and Conditions

  • Warrants convertible into equity shares within 18 months from date of allotment
  • Warrant subscription price: 25% of issue price (₹145.50) payable upfront
  • Warrant exercise price: 75% of issue price (₹436.50) payable at conversion
  • Equity shares issued on conversion will rank pari passu with existing shares
  • Unexercised warrants after 18 months will lapse with amount forfeited
  • Warrants and resulting shares subject to lock-in as per SEBI ICDR Regulations

Objects of the Issue

The Company requires additional long-term financial resources to support:

  • Business growth and expansion plans
  • Working capital requirements
  • General corporate purposes

Utilization of Proceeds (100% conversion assumption)

| Purpose | Amount (₹) | Utilization Period |

| Capital Expenditure | 10,00,00,000 | 12 months from receipt |

| Working Capital Requirement | 5,50,00,000 | 12 months from receipt |

| General Corporate Purposes | 3,30,57,586 | 12 months from receipt |

Not more than 25% of consideration to be utilized for general corporate purposes as per regulations

Pricing Justification

The issue price of ₹582 per warrant was determined in accordance with SEBI ICDR Regulations:

  • 90-day VWAP: ₹581.64 per equity share
  • 10-day VWAP: ₹581.09 per equity share
  • Floor price determined: ₹581.64

The Company voluntarily obtained a valuation report from independent registered valuer Mr. Mohit Jain (IBBI Registration No. IBBI/RV/05/2019/12280).

Shareholding Pattern Impact

| Category | Pre-issue Shares | Pre-issue % | Post-issue Shares | Post-issue % |

| Promoters & Promoter Group | 42,70,750 | 59.47% | 45,91,373 | 61.19% |

| Public | 29,09,750 | 40.53% | 29,12,250 | 38.81% |

| Total | 71,80,500 | 100% | 75,03,623 | 100% |

On fully diluted basis considering all preferential allotment

Voting Arrangements

  • Remote e-voting period: 25th July 2026 (9:00 AM) to 27th July 2026 (5:00 PM)
  • Record date for voting: 21st July 2026
  • NSDL appointed as e-voting service provider
  • Members can join EGM through VC/OAVM facility 15 minutes before scheduled time

Additional Information

  • Certificate from Practicing Company Secretary Mr. Ankur Singh & Associates available for inspection
  • Valuation report available on Company website
  • Board recommends approval of the resolution as in best interest of Company and shareholders