Nexome Capital Markets has informed that existing Warrant holders (Promoter Category and Non-Promoter Category) have exercised their right for conversion of warrants into equity shares. Pursuant to the provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Warrant Holders had paid 25% (Rs. 16/- per warrant) of the issue price of the warrant as the warrant subscription price. The balance 75% (Rs. 48/- per warrant) of the issue price of warrants was to be paid at the time of exercise of option to apply for fully paid - up Equity shares of Rs. 10 /- each of the Company, against each such warrants held by the warrantholders. In view of above and upon receipt from the warrant holders, the written notice and balance 75% (at the rate of Rs. 48/- per warrant) for 19,20,000 warrants for aggregating to Rs. 9,21,60,000 /-, the Board of Directors of the Company at their meeting held today i.e. April 20, 2026 have allotted 19,20,000 equity shares of face value of Rs. 10/- each pursuant to exercise of 19,20,000 equity convertible warrants details of which are enclosed as Annexure-1.

The above information is a part of company’s filings submitted to BSE.