Allotment of 9000000 securities pursuant to Preferential Issue at its meeting held on July 31, 2026

HITECH has approved the allotment of 90,00,000 Fully Convertible Equity Warrants on a preferential basis to certain allottees from the Promoter Group, including Mr. Vipul Bansal and Aks Buildcon Private Limited. Each warrant is convertible into equity shares at a face value of Re.1, with a subscription price of Rs. 100 per warrant. There will be no change in the paid-up equity share capital, shareholding pattern, or control of the company as a result of this allotment.

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 Company operates Six (6) state-of-the-art integrated manufacturing facilities located at Sikandrabad (UP), (management committed by FY26)