Key Decisions and Approvals:

1. Rights Issue Approval

  • The Board approved raising funds through a rights issue of equity shares.
  • The aggregate amount will not exceed ₹52,45,00,000 (Rupees Fifty Two Crores Forty Five Lacs Only).
  • Equity shares will have a face value of ₹1 each.
  • The issue is subject to receipt of applicable regulatory and statutory approvals.
  • The Board will determine key terms including issue price, rights entitlement ratio, record date, timing, and payment terms.
  • The Board approved the appointment of various intermediaries or agencies for the rights issue.

2. Constitution of Rights Issue Committee

Effective 10th September, 2026, the following committee was formed:

  • Ms. Simran Mishra (DIN: 11918171, Managing Director) - Chairman
  • Mr. Sachin Maurya (DIN: 05295874, Non-Executive Director) - Member
  • Mr. Himanshu Suryakantbhai Soni (DIN: 11780618, Independent Director) - Member
  • Mr. Ritik Wagh (DIN: 10768388, Independent Director) - Member

3. Work Order Execution

  • The Board approved and executed a work order with LCC Infotech Limited.
  • The work order is for the "Design, Development, Deployment and Support of an Integrated Digital Marketplace for Agricultural Produce."
  • The counterparty, LCC Infotech Limited, is not related to the company.
  • The project is to be completed within approximately twenty-four months.
  • There is no shareholding in the entity executing the agreement.
  • The agreement imposes no restrictions or liabilities on the company.
  • The transaction does not qualify as a related party transaction and is at arm's length.
  • There is no impact on the management or control of the company.

4. Incorporation of Foreign Subsidiary

  • The Board approved the incorporation of a foreign subsidiary named M/s Onesource Industries & Ventures LLC.
  • Authorization was granted to a director to act on behalf of the company for this incorporation.

5. Trading Window Closure

  • Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for designated persons and their immediate relatives has been closed effective 10th September, 2026.
  • The trading window will remain closed until 48 hours after the outcome of the board meeting is made public.