Preferential allotment approved

Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the proposed preferential issue of convertible warrants at the Extraordinary General Meeting scheduled for 6 November 2026. The Company confirms that the proposed preferential issue of convertible warrants and the acquisition. of equity shares upon conversion of those warrants, on the terms disclosed in the original EGM Notice.

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