Tusaldah Board to Consider Fundraising via Preferential Issue

The Board will consider and approve among other business matters:

• The proposal for fund raising by way of preferential issue/private placement of securities for cash/other than cash
• Determination of Issue Price for the proposed fundraising
• The proposal is subject to regulatory/statutory approvals as may be required, including approval of shareholders of the Company
• Other incidental and ancillary matters as may be decided by the board

Additionally, pursuant to the Code of Conduct for prevention of insider trading framed under SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities:

• Remains closed for all connected persons/officers/designated employees/insiders/directors of the Company and their immediate relatives
• Shall remain closed until the end of 48 hours from the conclusion of the Board Meeting

Financial impact of the proposed fundraising has not been quantified in this disclosure.