Outcome of Board Meeting - approval of addendum notice of extra ordinary general meeting.

The board, at its meeting on 5 June 2026, approved an addendum to the EGM notice (EGM now scheduled for 9 June 2026 via video conferencing) covering three additional items. First, shareholders' approval is being sought to sell or dispose of company assets, specifically office premises at Lotus Pride, Vile Parle West, Mumbai, along with a Seltos car and a Nexon car. Second, the company proposes to add a new main object clause to enter the business of manufacturing, trading, and exporting tungsten-based products (tungsten carbide powder, cobalt metal powder, etc.) for automotive, aerospace, defence, nuclear, medical, and oil & gas segments. Third, the registered office is proposed to be shifted from Maharashtra to Gujarat. The addendum also carries forward four director confirmation resolutions (one promoter Whole Time Director, one professional director, and two independent directors) for five-year terms.