Announcement under Regulation 30 (LODR) - Issue of Securities

Sprayking Limited's board approved a sub-division (stock split) of 1 equity share of face value ₹2 into 2 equity shares of face value ₹1 each, subject to shareholder approval via postal ballot. Post-split, the paid-up equity share count will rise from about 10.57 crore shares to about 21.13 crore shares, with total paid-up value unchanged at ₹21.13 crores. The board also approved increasing the authorized share capital from ₹22 crores to ₹66 crores (post-split basis), enabling further fundraising capacity. Additionally, the company plans to raise up to ₹50 crores through a rights issue to existing eligible shareholders, with the record date yet to be notified. The rationale given for the split is to improve liquidity, widen the shareholder base, and make shares more affordable to small investors.