Lactose India Board to Forfeit 15 Lakh Warrants

This is a regulatory intimation to BSE Limited regarding a scheduled meeting of the Board of Directors of Lactose (India) Limited.

The Board Meeting is scheduled to be held on Thursday, 18th June, 2026 at 15:00 p.m. at the company's corporate office located at 103‐104, First Floor "A" Wing, Navbharat Estates, Zakaria Bunder Road, Sewri (West), Mumbai — 400015.

The primary agenda for the meeting is:

• To consider the forfeiture of 15,00,000 (Fifteen Lakhs) convertible share warrants. These warrants were originally allotted on a preferential basis to M/s. SG General Dealers LLP.
• The reason for the proposed forfeiture is the non-payment of the balance consideration required for the conversion of these warrants into equity shares. This non-payment occurred within the stipulated period prescribed under the terms of their issue and the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.

The board will also consider any other business with the permission of the chair.

The document was signed by Ritesh Pandey, Company Secretary (Mem No. A45942), on behalf of Lactose (India) Limited.