Mittal Life Style Limited Approves Preferential Allotment of 99,225 Equity Shares to Public Investor on May 06, 2026

Mittal Life Style Limited's Board of Directors, in their meeting held on May 06, 2026, approved the allotment of 99,225 equity shares through a preferential issue on a private placement basis. The allotment was made to Ms. Priya Chidurala, an individual belonging to the public, non-promoter group, at a price of Rs. 1.80 per equity share, aggregating to Rs. 1,78,605. The board meeting commenced at 04:00 p.m. and concluded at 04:30 p.m. on the same date. This disclosure has been made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in furtherance to the company's earlier communications dated March 24, 2026 and April 23, 2026.

Key Details of the Preferential Issue

The following table summarises the key parameters of the preferential allotment as disclosed by the company:

Parameter: Details Type of Securities: Fully paid-up equity shares of face value Re. 1/- each Type of Issuance: Preferential issue on a private placement basis Number of Shares Allotted: 99,225 equity shares Issue Price: Rs. 1.80 per equity share Premium per Share: Rs. 0.80 per equity share Total Consideration: Rs. 1,78,605 Investor Name: Ms. Priya Chidurala Investor Category: Public, Non-promoter Number of Investors: 01 (one) NSE In-Principle Approval Date: April 27, 2026

Shareholding Before and After Allotment

Prior to the preferential issue, Ms. Priya Chidurala held no equity shares in the company. Post allotment, her shareholding stands as follows:

Name of Allottee: Pre-Preferential Issue (No. of Equity Shares) Pre-Preferential Issue (%) Post-Preferential Issue (No. of Equity Shares) Post-Preferential Issue (%) Ms. Priya Chidurala - - 99,225 0.02

The percentage has been calculated on the basis of the post-issue equity share capital of the company.

Impact on Paid-Up Share Capital

Consequent to the allotment, the paid-up equity share capital of Mittal Life Style Limited has been revised. The table below captures the change in the company's share capital structure:

Parameter: Pre-Allotment Post-Allotment Paid-Up Share Capital (Rs.): Rs. 44,39,00,775 Rs. 44,40,00,000 Number of Fully Paid-Up Equity Shares: 44,39,00,775 shares of Re. 1/- each 44,40,00,000 shares of Re. 1/- each

The newly allotted equity shares shall rank pari-passu in all respects with the existing equity shares of the company. The National Stock Exchange of India Limited had granted in-principle approval for the issuance of these shares vide their letter dated April 27, 2026. The preferential issue has been carried out in accordance with the provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws.

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