General Updates pertaining to receipt of In-principle approval from NSE and BSE for Preferential Issue of…

Indian Terrain Fashions Limited has informed the Exchange about General Updates pertaining to receipt of In-principle approval from NSE and BSE for Preferential Issue of 49,48,537 Warrants convertible into Equity Shares of Rs. 2/- each for Rs. 50.52 (incl. premium). of India Limited and BSE Limited for Preferential Issue of 49,48,537 Warrants. 49,48,537 Warrants convertible into Equity Shares of Rs. 2/- each at a price not less than Rs.

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
• The encouraging response to the SS'27 collection and healthy roadshow order bookings, up 15–20%, provide good (management committed by FY27)
• MBO expansion with 40 new customers adds further revenue visibility. (management committed by FY27)