TANDHAN INDUSTRIES LIMITED

Board Meeting Details

The meeting was held on Monday, 7th September 2026 at the corporate office: Mouza Kashyabpur, J. L. No. 15, Kulgachia, Uluberia, Howrah-711303, West Bengal. It commenced at 3:00 PM and concluded at 4:30 PM.

Key Board Approvals

1. Authorized Share Capital Increase: Approved increase from existing ₹60,00,00,000 (6,00,00,000 equity shares of ₹10 each) to ₹65,00,00,000 (6,50,00,000 equity shares of ₹10 each), subject to shareholder approval.

2. Preferential Issue of Warrants: Approved issuance of up to 63,99,720 Fully Convertible Warrants of face value ₹10 each at an issue price of ₹81 per warrant on a preferential basis to persons belonging to the Promoter and Promoter Group category.

  • Aggregate consideration: Up to ₹51,83,77,320
  • Conversion terms: Each warrant convertible into one equity share of ₹10 at conversion price of ₹81 per share within 18 months from allotment date
  • Payment terms: 25% of warrant price payable at allotment, balance 75% payable at conversion
  • Warrants lapse if not converted within 18 months, with paid amount forfeited

3. Bank Account: Approved opening of new bank account with any scheduled bank specifically for receiving application money and transactions related to the preferential issue.

4. Dividend Declaration: Approved and recommended to members for approval at the AGM, a dividend of ₹0.01 (One Paisa) per equity share for FY ended 31st March 2026.

5. Board Report: Approved and adopted the Board's Report for FY 2025-2026 along with requisite annexures.

6. AGM Notice: Approved draft notice convening the 42nd Annual General Meeting for FY 2025-26.

7. AGM Date: Fixed the 42nd AGM on Wednesday, 30th September 2026 at 11:30 AM IST through Video Conferencing/Other Audio-Visual Means.

8. Book Closure: Fixed book closure period from Thursday, 24th September 2026 to Wednesday, 30th September 2026. Register of Members and Share Transfer Books will remain closed during this period for AGM purposes.

9. Record Date: Fixed 23rd September 2026 as record/cut-off date for determining eligibility of members to attend and vote electronically at the AGM.

10. Scrutinizer Appointment: Appointed M/s. MR & Associates, Practicing Company Secretaries, as scrutinizer for the 42nd AGM to scrutinize remote e-voting and e-voting process.

11. Modification of Funds Utilization: Approved modification in objects/utilization of funds raised through preferential issue as per EGM Notice dated 29th August 2025.

Preferential Issue Allottee Details

| Allottee Name | Category | Pre-Issue Holding | Shares | % Holding | Warrants Allotted | Post-Issue Shares | % Holding |

| Anuj Jalan | Promoter | 1,38,84,087 | 27.90% | 23,99,895 | 1,62,83,982 | 28.99% | |

| Ankit Jalan | Promoter | 1,32,86,582 | 26.69% | 23,99,895 | 1,56,86,477 | 27.93% | |

| Daivik Jalan | Promoter Group | 15,00,000 | 3.01% | 15,99,930 | 30,99,930 | 5.52% | |

*Post-issue shareholding percentage calculated based on total diluted post-issue paid-up share capital assuming full subscription and full conversion of warrants.