Sihora Industries Confirms No Exit Offer Required

Key Quantitative Figures

• The company achieved 91.83% utilization of total issue proceeds prior to obtaining shareholder approval for alteration of objects
• Only one shareholder dissented against the resolution, holding 6,000 shares as of the cut-off date July 10, 2026
• The dissenting shareholder represents significantly less than ten percent of shareholders who voted through Postal Ballot

Dates of Action

• Prospectus dated: October 06, 2025
• Cut-off date/relevant date: July 10, 2026
• Filing date with BSE: August 18, 2026

Parties Involved

• Stock Exchange: BSE Limited
• Dissenting Shareholder: Kaviben Devarkhibhai Kanara (holding 6,000 shares)

Rationale for Non-Requirement

Based on SEBI ICDR Regulations Schedule XX, the exit offer is not required because:

1. The company had already achieved 91.83% utilization of total issue proceeds prior to obtaining shareholder approval for alteration of objects

2. The proposal for alteration of objects was not dissented by at least ten percent of the shareholders who voted through Postal Ballot

Financial Impact

No financial impact disclosed as the exit offer requirement has been determined as not applicable. No monetary obligations arise for promoters or shareholders in control.

Capital Structure Impact

No change to capital structure as the exit offer is not required. The dissenting shareholder's holding of 6,000 shares remains unchanged.