Summary of Key Information:

Reporting Period (Quarter/Year): Not Specified

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015

Date of Board Meeting / Approval: Thursday, July 02, 2026 (commenced at 04:00 P.M., concluded at 5:30 P.M.)

Audit Opinion: Not Specified

Auditor’s Comment: Not Specified

Key Financial Highlights:

Standalone Results: Not Specified

Consolidated Results: Not Specified

Corporate Actions:

Capital Structure Change: The Board considered and approved an increase in the Authorised Share Capital of the Company from the existing Rs. 26,50,00,000/- (Rupees Twenty-Six Crores Fifty Lakhs Only) to Rs. 27,50,00,000/- (Rupees Twenty-Seven Crores Fifty Lakhs Only). This involves a consequential amendment to Clause V of the Memorandum of Association, subject to shareholder approval. The increase is to facilitate future fund-raising requirements.

The existing authorised share capital is divided into 13,25,00,000 (Thirteen Crores Twenty-Five Lakhs) equity shares of Rs. 2/- (Rupees Two Only) each. The proposed new authorised share capital will be divided into 13,75,00,000 (Thirteen Crores Seventy-Five Lakhs) equity shares of Rs. 2/- (Rupees Two Only) each.

Fundraising / Financing: The Board considered and decided to issue up to 37,00,000 (Thirty-Seven Lakh) Convertible Equity Warrants on a preferential basis to Promoter/Promoter Group entities.

  • Issue Price: Rs. 53.00/- (Rupees Fifty-Three Only) per warrant, determined under SEBI (ICDR) Regulations, 2018, considering Wednesday, July 1, 2026, as the Relevant Date.
  • Total Issue Size: Rs. 19,61,00,000/- (Rupees Nineteen Crores Sixty-One Lakhs Only)
  • Conversion: Each warrant is convertible into 1 Equity Share of Face Value of Rs. 2/- each at a Premium of Rs. 51/- (Rupees Fifty-One Only) each.
  • Allotment Terms: Warrants would be allotted only upon payment of 25% of the issue price at the time of allotment.
  • Allottees: The warrants are to be issued to 3 investors from the Promoter and Promoter Group, as per Annexure A:
  • Hiteshkumar Godhanbhai Thummar (Promoter): 9,25,000 warrants
  • Bhargvi Manojbhai Thummar (Promoter): 13,87,500 warrants
  • Chetna Mukeshbhai Thumar (Promoter Group): 13,87,500 warrants

EGM Announcement: The Board decided to call an Extra Ordinary General Meeting (EGM) of the Company on Friday, July 31, 2026, to seek necessary shareholder approvals for the above actions. The Notice of the EGM was approved.

Other Significant Information:

Location of Registered Office: Plot No. 1-5, Survey No. 92/1, Near Shan Cement, Hadamtala Industrial Area, Tal: Kotda Sangani Hadamtala, Rajkot - 360311 [Gujarat, India].