1) Allotment of Equity Shares

The Board approved the credit/allotment of 44,58,300 equity shares of Re. 1/- each by cancelling and extinguishing 4,01,24,700 fully paid-up equity shares of Re. 1/- each. This action was executed in the ratio of 1 (One) equity share for every 10 (Ten) equity shares held as on the Record Date of 22nd July, 2026, to the eligible shareholders of the Company. The allotment was made in compliance with the Hon'ble NCLT order dated 18th June, 2026.

Detailed Disclosure (Annexure A)

  • Type of securities: Equity shares
  • Type of issuance: Allotment of restructured equity shares to eligible shareholders pursuant to the Scheme of Share Capital Reduction as confirmed and approved by the Hon'ble National Company Law Tribunal Mumbai Bench-1 (NCLT)
  • Total securities allotted: 44,58,300 equity shares of Re. 1/- each fully paid up amounting to ₹44,58,300 (Rupees Forty Four Lakhs Fifty Eight Thousand and Three Hundred only)
  • Outcome of subscription: 100% Allocation Completed. The allotment is a mandatory, non-cash corporate action executed on a pro-rata basis to eligible equity shareholders whose names stood recorded in the Register of Members and Depository Records on the Record Date (22nd July, 2026)
  • Allotment ratio: 1 new share for every 10 old shares held
  • Issue price: Allotted at face value of ₹1 per equity share, credited as fully paid-up. No fresh financial consideration or premium was payable by allottees
  • Number of investors: 11,926

Updated Share Capital Structure

| Sr.No. | Promoters/Others | Pre-Holding Shares | Pre-Allotment Reduction (90% Reduction) | Post-Allotment Shares | Allotment Price |

| 1 | Promoter | 1,21,000 | 1,08,900 | 12,100 | 1 |

| 2 | Public | 4,44,62,000 | 4,00,15,800 | 44,46,200 | 1 |

| Total | | 4,45,83,000 | 4,01,24,700 | 44,58,300 | 1 |

2) Authorization for Filings and Corporate Actions

The Board authorized Directors/Company Secretary and officials of the Company to complete necessary filings, applications and corporate actions with BSE, NSDL, CDSL, Registrar & Transfer Agent, Registrar of Companies and other authorities in connection with the above allotment.

3) Appointment of Compliance Officer

The Board approved the appointment of Ms. Arpita Khandelwal as the Compliance Officer of the Company under SEBI (Prohibition of Insider Trading) Regulations, 2015.