Technojet Consultants EGM for Capital Hike, Preferential Issue

Key Quantitative Figures

Current Authorised Share Capital: ₹20,00,000 divided into 2,00,000 equity shares of ₹10 each
Proposed Authorised Share Capital: ₹70,00,000 divided into 7,00,000 equity shares of ₹10 each
Preferential Issue Size: 5,00,000 equity shares
Issue Price: ₹48 per equity share
Total Fundraise: ₹2,40,00,000
Relevant Date for Pricing: 30th September 2026
Record Date: 23rd October 2026

Dates of Action

Board Meeting Date: 18th September 2026
EGM Date: 30th October 2026 at 12:00 PM
Remote e-Voting Period: 26th October 2026 (9:00 AM) to 29th October 2026 (5:00 PM)
Register Closure: 24th October 2026 to 30th October 2026
Allotment Timeline: Within 15 days of shareholder approval or regulatory approvals

Parties Involved

Stock Exchange: BSE Limited
RTA: KFin Technologies Limited
Scrutinizer: CS Nuren Nirmal Lodaya, Practicing Company Secretary
Valuer: Bhavesh M. Rathod, Chartered Accountant and Registered Valuer
Proposed Allottees: 7 non-promoter individuals

Proposed Allottee Details

| Nimesh Sahadeo Singh | 3,25,000 | ₹1,56,00,000 | Non-Promoter to Promoter* |

| Nikita Sanjay Jain | 31,000 | ₹14,88,000 | Remains Non-Promoter |

| Shrusti Mukesh Shah | 30,000 | ₹14,40,000 | Remains Non-Promoter |

| Rahul Sureshbhai Domadiya | 30,000 | ₹14,40,000 | Remains Non-Promoter |

| Alpa Vijay Patel | 28,000 | ₹13,44,000 | Remains Non-Promoter |

| Kaushal Nilesh Sangani | 28,000 | ₹13,44,000 | Remains Non-Promoter |

| Jai Manish Shanghvi | 28,000 | ₹13,44,000 | Remains Non-Promoter |

*Subject to open offer process and regulatory approvals

Purpose and Rationale

Objects of the Preferential Issue:

₹1,80,00,000 for investment & loans in companies/body corporates for future expansion plans and working capital requirements
₹60,00,000 for general corporate purposes

Proceeds to be utilized within 12 months from receipt of funds. Amounts allocated may vary by ±10% based on future circumstances.

Capital Structure Impact

Pre-Issue Shareholding Pattern:

Promoters: 1,46,293 shares (73.15%)
Non-Promoters: 53,707 shares (26.85%)

Post-Issue Shareholding Pattern (assuming full subscription):

Promoters: 1,46,293 shares (20.90%)
Non-Promoters: 5,52,957 shares (78.99%)
Nimesh Singh: 3,25,000 shares (46.43%)

Voting Arrangements

Remote e-voting through NSDL platform
Physical voting at EGM venue
Scrutinizer appointed to oversee voting process
Results to be declared post-EGM and filed with BSE

Additional Information

Venue: Rajora Banquets, Ground Floor, Mind Space, 1406/15, Chincholi Bunder Road, Opp. Sheetal Banquets, Next to Knox Plaza, Ram Nagar, Malad West, Mumbai
Company website: www.technojet.in
Shares must be held in dematerialized form for transfer
Green initiative encouraged for electronic communication

Financial Impact

The preferential issue will result in cash inflow of ₹2,40,00,000 to the company. The increase in authorized capital enables future fundraising activities. The transaction may lead to change in control if open offer process is completed successfully.