Enclosed herewith Board Recommends Sub Division / Stock Split.

Kalind Limited's board, at its meeting on June 3, 2026, has recommended two corporate actions for shareholder approval via postal ballot. First, a sub-division of equity shares where 1 share of face value ₹10 will be split into 5 shares of face value ₹2 each, aimed at improving liquidity and broadening public participation. Second, a bonus issue in the ratio of 1:2 — i.e., 1 bonus share of ₹2 for every 2 shares held — which would add about 30.47 crore bonus shares to the paid-up capital. Post both actions, paid-up capital will rise from 12.19 crore shares (₹10 each) to 91.42 crore shares (₹2 each). The bonus will be funded from free reserves and securities premium, with about ₹60.95 crore required and ₹91.07 crore available as on March 31, 2026. Both actions are expected to be completed on or before August 2, 2026, subject to shareholder and statutory approvals.