The fundraising proposal will be structured in accordance with the Companies Act, 2013 (as amended), SEBI Listing Regulations (as amended), and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended), along with other applicable laws. The approval is subject to member (shareholder) approval and other regulatory/statutory approvals as applicable.
The Board of Directors will also consider convening an extraordinary general meeting or implementing a postal ballot process to seek shareholder approval for the preferential issue proposal.
Concurrently, the Trading Window for dealing in securities of the Company has been closed for "Designated Persons" and their "Immediate Relatives" effective June 17, 2026. The closure will remain in effect until 48 hours after the conclusion of the Board Meeting. This action is in compliance with the Company's 'Code of Conduct for Prevention of Insider Trading' for designated persons as defined under the Code, pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (as amended).
The disclosure is signed by Prasad D Zinjurde, Company Secretary and Compliance Officer (Membership Number A54800), and digitally signed on June 17, 2026 at 20:32:35 +05:30.