This is a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing of the outcomes from the Board of Directors meeting held on Monday, 7th September 2026.

The Board meeting commenced at 3:00 PM and concluded at 4:30 PM at the corporate office in Mouza Kashyabpur, J. L. No. 15, Kulgachia, Uluberia, Howrah-711303, West Bengal.

Key Matters Approved:

1. Increase in Authorised Share Capital: Approved an increase in the Authorised Share Capital from the existing ₹60,00,00,000 (Rupees Sixty Crore only) divided into 6,00,00,000 Equity Shares of ₹10 each to ₹65,00,00,000 (Rupees Sixty-Five Crore only) divided into 6,50,00,000 Equity Shares of ₹10 each. This approval is subject to the approval of the shareholders of the Company.

2. Preferential Issue of Warrants: Approved, subject to shareholder and stock exchange approval, the issuance of up to 63,99,720 (Sixty Three Lakhs Ninety Nine Thousand Seven Hundred Twenty) Fully Convertible Warrants of face value ₹10 each at an issue price of ₹80 per warrant on a preferential basis to persons belonging to the Promoter and Promoter Group Category.

  • The aggregate consideration for the issue is up to ₹51,19,77,600 (Rupees Fifty-One Crores Nineteen Lakhs Seventy-Seven Thousand Six Hundred only).
  • The warrants are convertible into an equal number of equity shares of ₹10 each at ₹80 per share on or before 18 months from the date of allotment. Failure to convert will result in the forfeiture of the amount paid and the non-converted warrants.
  • Payment terms: 25% of the per warrant price (₹20) is payable upon allotment of warrants. The remaining 75% (₹60) is payable upon the exercise of the warrant and allotment of equity shares.
  • Warrants can be exercised in one or more tranches within the 18-month period via written notice to the company.

3. Allottee Details: The warrants are proposed to be allotted to the following promoter group entities:

  • Anuj Jalan (Promoter): Pre-issue holding of 1,38,84,087 equity shares (27.90%). Proposed allotment of 23,99,895 warrants. Post-issue holding would be 1,62,83,982 equity shares (assuming full conversion).
  • Ankit Jalan (Promoter): Pre-issue holding of 1,32,86,582 equity shares (26.69%). Proposed allotment of 23,99,895 warrants. Post-issue holding would be 1,56,86,477 equity shares (assuming full conversion).
  • Daivik Jalan (Promoter Group): Pre-issue holding of 15,00,000 equity shares (3.01%). Proposed allotment of 15,99,930 warrants. Post-issue holding would be 30,99,930 equity shares (assuming full conversion).
  • The post-issue shareholding percentages are calculated based on the total diluted post-issue paid-up capital.

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

5. Dividend Declaration: Approved and recommended for member approval at the ensuing Annual General Meeting (AGM) the declaration of a dividend at the rate of ₹0.01 (One Paisa) per equity share for the Financial Year ended 31st March 2026.

6. Board Report: Approved and adopted the Board's Report for the financial year 2025-2026 along with its requisite annexures.

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

8. AGM Date: Fixed the date of the 42nd AGM to be held on Wednesday, 30th September 2026 at 11:30 AM (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

9. Book Closure: Fixed the Book Closure period from Thursday, 24th September 2026 to Wednesday, 30th September 2026 (both days inclusive). The Register of Members and Share Transfer Books will remain closed during this period for the AGM.

10. Record Date: Fixed 23rd September 2026 as the Record/Cut-off Date for determining member eligibility to attend and vote electronically at the AGM.

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

12. Modification of Objects: Approved a modification in the objects/utilization of funds raised through a previous Preferential Issue, as per details in an EGM Notice dated 29th August 2025.

The disclosure is made in compliance with Part A of Schedule III of the SEBI LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.