Outcome of the Board Meeting

Athena Global Technologies' board has approved the allotment of 7,00,000 convertible share warrants to Karthikeya Manchala, a promoter group member. The warrants were issued at Rs. 84 per warrant, and 25% of the total consideration (Rs. 1.47 crore) has been received upfront. The remaining 75% will be payable when the warrants are converted into an equal number of fully paid-up equity shares. Since the warrants have only been allotted (not yet converted), there is no change in the company's paid-up capital at this stage. The company received shareholder approval at an EGM on 25 March 2026 and in-principle approval from BSE on 1 April 2026.