Allotment Of 78,15,000 Equity Shares Of Face Value Of INR 10/- Each Pursuant To Conversion Of 78,15,000 Fully Convertible Equity Warrants ("Warrants'''')

The Board approved the conversion of 78,15,000 Fully Convertible Equity Warrants into an equal number of equity shares (face value INR 10 each) at an issue price of INR 13.50 per share. The warrants were originally allotted on February 6, 2026, to two non-promoter allottees — Mr. Patel Biralkumar Rajeshbhai (39,50,000 shares) and Mr. Shaikh Sajidbhai Rahimbhai (38,65,000 shares) — on a preferential basis. Post-allotment, the company's paid-up equity share capital increased from INR 67,73,30,730 to INR 75,54,80,730, reflecting an addition of approximately 11.5% to total shares outstanding.