Key Details of the Underlying Transaction

The EGM was originally convened via a notice dated August 5, 2026, and is scheduled to be held on Monday, August 31, 2026, at 10:30 A.M. (IST) at the company's Registered Office at Plot No. 73-74, Phase-III, Industrial Area, Dharuhera-123106. The original notice was dispatched to shareholders on August 7, 2026.

The primary agenda for the EGM is to seek shareholder approval via a special resolution for a preferential issue of convertible equity warrants.

Specific Correction in the Corrigendum

The corrigendum, dated August 24, 2026, and signed by Company Secretary Aditi Jain, replaces the name "Kamal Khera" with "Kiran Khera" in the following sections of the EGM notice:

1. Resolution No. 2: The list of proposed allottees.

2. Explanatory Statement Point IX: The class of persons to whom allotment is proposed.

3. Explanatory Statement Point XV: The table showing post-issue shareholding and ultimate beneficial owners.

4. Explanatory Statement Point XVII: The table showing the current and proposed status of the allottees.

In all instances, Kiran Khera is listed as a Non-Promoter allottee for 5,00,000 (Five Lakh) warrants.

Details of the Preferential Warrant Issue (As per Resolution No. 2)

  • Total Warrants: Up to 35,87,44,394 (Thirty Five Crore Eighty Seven Lakh Forty Four Thousand Three Hundred Ninety Four) convertible warrants.
  • Issue Price: ₹2.23 (Rupees Two and Twenty Three Paise only) per warrant, including a premium of ₹1.23 per share. This aggregates to ₹80,00,00,000 (Rupees Eighty Crore).
  • Conversion: Each warrant carries a right to subscribe to one fully paid-up equity share of face value ₹1 each.
  • Relevant Date for Pricing: Friday, July 31, 2026 (calculated as 30 days prior to the EGM date, with an adjustment for a weekend).
  • Allotment Timeline: The warrants are to be issued and allotted within 15 days from the date of passing the special resolution, or within 15 days of receiving any pending regulatory approvals.
  • Payment Terms: 25% of the issue price (₹0.5575 per warrant) is payable upfront upon subscription. The remaining 75% (₹1.6725 per warrant) is payable upon exercise of the warrant.
  • Exercise Period: Warrants must be exercised within 18 months from the date of allotment, else they lapse and the upfront amount is forfeited.
  • Lock-in: The warrants and the underlying equity shares are subject to a lock-in as prescribed under SEBI ICDR Regulations. The pre-preferential allotment shareholding of the warrant holders will also be locked in.
  • Listing: The equity shares allotted upon conversion will be listed on BSE Limited and NSE Limited.

List of Proposed Allottees and Warrant Allocation

| S. No. | Name of Proposed Allottee | Category | No. of Warrants |

| 1 | Amzen Financial Services Private Limited | Proposed Promoter Group | 9,86,54,709 |

| 2 | Adritah Autoparts Private Limited | Proposed Promoter Group | 2,46,63,677 |

| 3 | Excel Hosiery Private Limited | Proposed Promoter Group | 2,46,63,677 |

| 4 | MGR Investment Private Limited | Proposed Promoter Group | 2,24,21,525 |

| 5 | Nisha Gaushal | Non-Promoter | 10,00,000 |

| 6 | Vivek Kumar Bhat | Non-Promoter | 10,00,000 |

| 7 | Shivang Garg | Non-Promoter | 10,00,000 |

| 8 | Quintelux Essentials Private Limited | Non-Promoter | 1,00,00,000 |

| 9 | Chetan Singla | Non-Promoter | 1,75,00,000 |

| 10 | Nital Nishith Shah | Non-Promoter | 10,00,000 |

| 11 | Dhiraj Mehta | Non-Promoter | 5,00,000 |

| 12 | Kiran Khera | Non-Promoter | 5,00,000 |

| 13 | Suvi Rubber Private Limited | Non-Promoter | 25,00,000 |

| 14 | Golden Axis Infrastructure Private Limited | Non-Promoter | 1,79,37,220 |

| 15 | Sindeolia Mudratech Private Limited | Non-Promoter | 1,79,37,220 |

| 16 | Birbal Advisory Private Limited | Non-Promoter | 7,26,23,318 |

| 17 | Mahakram Developers Private Limited | Non-Promoter | 4,48,43,048 |

| | TOTAL | | 35,87,44,394 |

Post-Issue Shareholding Impact

On a fully diluted basis, after the conversion of all warrants, the total equity share capital of the company is projected to increase by 35,87,44,394 shares, resulting in the allottees holding 58.89% of the post-issue capital. The four Proposed Promoter Group entities will collectively hold 28.98%.

Board Authorities

The resolution seeks broad authorization for the Board of Directors (or a committee thereof) to take all necessary steps to implement the preferential issue, including accepting modifications to the terms, making requisite filings with regulatory authorities (ROC, SEBI, BSE, NSE, NSDL, CDSL), and appointing intermediaries.