Allotment Of 21,10,000 Equity Shares Of Face Value Of INR 10/- Each Pursuant To Conversion Of 21,10,000 Fully Convertible Equity Warrants (Warrants)

Aviva Industries has allotted 21,10,000 equity shares (face value INR 10 each) to non-promoter allottees following the conversion of an equal number of fully convertible warrants. The warrants were originally issued on a preferential basis on January 6 and January 8, 2026 to Yogeshkumar Bamaniya (4,90,000 warrants) and Solanki Arjunsinh Gambhirsainh (16,20,000 warrants) at INR 28 per warrant, which is a premium of INR 18 over face value. As a result, the company's paid-up equity capital has risen from INR 20.77 crore (2.07 crore shares) to INR 22.88 crore (2.28 crore shares), bringing in approximately INR 5.91 crore into the company. The board approved the conversion at its meeting held on February 10, 2026.