Board Meeting held on 30th September, 2025, to consider and allot 9598434 equity shares pursuant to conversion of Equity Warrant

The board of Epuja Spiritech Ltd approved the allotment of 95,98,434 equity shares (face value Re 1 each) at Rs 3.40 per share, pursuant to the conversion of an equal number of fully convertible warrants earlier issued on a preferential basis. All allottees are non-promoters, with the largest being Taj Iron & Steel Works Pvt Ltd (60,00,003 shares), followed by Vishal Shashikant Chavhan (34,98,431 shares) and Harshee Haria (1,00,000 shares). As a result, the company's paid-up equity capital has risen from Rs 10.34 crore to Rs 11.30 crore. Notably, 6,03,75,684 warrants still remain pending conversion into equity shares in the future, which would lead to substantial further dilution if all are exercised.