Allotment of 1619679securities pursuant to Preferential Issue through Circular Resolution passed by the Board…

Shares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.

• Who the allottees are
• Issue price versus market price
• Lock-in period on the new shares
• Based on the encouraging start to the year and the strength of the current business pipeline, we expect this g (management committed by FY27)
• The JV aims to achieve at least INR 100 crores of revenue in its first year of operations. (management committed by FY27)