Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations

Key Financial Highlights:

Capital Structure Change:

  • Paid-up capital increased from ₹19,81,57,140 (comprising 1,98,15,714 Equity Shares of ₹10 each) to ₹20,39,07,140 (comprising 2,03,90,714 Equity Shares of ₹10 each)
  • Increase of ₹57,50,000 in paid-up capital due to conversion of 5,75,000 warrants

Corporate Actions:

Warrant Conversion Details:

  • The Board approved the conversion of 5,75,000 warrants into 5,75,000 Equity Shares of face value of ₹10 each
  • These warrants were part of 35,32,500 warrants issued and allotted on April 10, 2025 on a preferential allotment basis
  • Conversion price: ₹44 per Equity Share (with ₹11 paid upon application and ₹33 paid upon conversion)
  • New equity shares rank pari passu with existing equity shares

Allottee Details:

| Allottee Name | Category | Warrants Held | Warrants Converted | Equity Shares Allotted |

| Sunita Devi Mundhra | Promoter | 3,00,000 | 3,00,000 | 3,00,000 |

| Anuj Mundhra | Promoter | 7,75,000 | 2,75,000 | 2,75,000 |

| TOTAL | | 10,75,000 | 5,75,000 | 5,75,000 |

Post-Allotment Shareholding Pattern:

| Allottee | Pre-Conversion Shares | Pre-Conversion % | Shares Allotted | Post-Conversion Shares | Post-Conversion % |

| Sunita Devi Mundhra | 16,51,129 | 8.25% | 3,00,000 | 19,51,129 | 9.57% |

| Anuj Mundhra | 46,78,127 | 22.94% | 2,75,000 | 49,53,127 | 24.29% |

Warrant Terms and Conditions:

  • Warrants were allotted on April 10, 2025
  • Each warrant carries right to subscribe to one Equity Share
  • 25% of total consideration (₹11 per warrant) paid upon application
  • Balance 75% (₹33 per Equity Share) payable upon exercise of conversion rights
  • Conversion period: 18 months from date of allotment (until October 10, 2026)
  • Unexercised warrants after 18 months shall lapse, with amount paid being forfeited

Filing Compliance:

  • Filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Signed by Gunjan Jain, Company Secretary & Compliance Officer (M No.: A45068)