Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Outcome of Board Meeting - Preferential Issue Approval

Date of Board Meeting / Approval: July 23, 2026

Audit Opinion: Not Specified

Auditor's Comment: Not Specified

Key Financial Highlights:

Standalone Results: Not Specified

Consolidated Results: Not Specified

Corporate Actions:

The Board of Directors approved the following preferential issues:

I. Equity Shares Issue:

  • Type: Equity Shares
  • Face Value: ₹5 per share
  • Total Number: Up to 3,72,000 (Three Lakh Seventy-Two Thousand) Equity Shares
  • Issue Price: ₹250 per Equity Share
  • Total Amount: Up to ₹9,30,00,000 (Rupees Nine Crore Thirty Lakh Only)
  • Allottees (Public Category):
  • Harish Pande Jt. Usha Pande: 60,000 shares
  • Ashwani Kumar Sharma: 1,32,000 shares
  • Usha Pande Jt. Harish Pande: 60,000 shares
  • Deepa Pande: 60,000 shares
  • Jaideep Mahesh Chandra Dwivedi: 60,000 shares
  • Consideration: Cash
  • Approval Required: Shareholders and applicable regulatory authorities

II. Convertible Warrants Issue:

  • Type: Fully Convertible Warrants
  • Total Number: Up to 9,48,000 (Nine Lakh Forty-Eight Thousand) Warrants
  • Issue Price: ₹250 per Warrant
  • Total Amount: Up to ₹23,70,00,000 (Rupees Twenty Three Crore Seventy Lakh Only)
  • Conversion Terms: Convertible into equivalent number of Equity Shares of face value ₹5 each within 18 months from allotment date
  • Allottees:
  • Growel Remedies Limited (Promoter): 4,28,000 warrants
  • Bishnoi Exports Private Limited (Public): 1,20,000 warrants
  • Ginnerup Capital ApS (Public): 4,00,000 warrants
  • Consideration: Cash
  • Approval Required: Shareholders and applicable regulatory authorities

III. Preferential Issue Committee:

Constitution of a Preferential Issue Committee to finalize/approve all relevant documents.

IV. Extra-Ordinary General Meeting:

Scheduled for Thursday, August 20, 2026, to seek shareholder approval for the preferential issues.

V. Scrutinizer Appointment:

Appointed Mr. Manoj Kumar Jain, Practicing Company Secretary (M. No.: 5832, COP No.: 5629), as Scrutinizer for the remote e-voting process for the EGM.

Other Significant Information:

Meeting Duration: Commenced at 4:30 PM and concluded at 5:40 PM

Compliance Officer: Parul Choudhary (Company Secretary & Compliance Officer, ACS: 34854)

Place: New Delhi