On Door Concepts Files EGM Corrigendum for Preferential Issue of Equity Shares and Warrants

The Board of Directors of On Door Concepts , at its meeting held on May 06, 2026, approved key revisions to its proposed preferential allotment of equity shares and convertible warrants, and subsequently filed a corrigendum to the Notice of its Extraordinary General Meeting (EGM) scheduled for Friday, May 15, 2026 at 4:00 P.M. at the company's registered office in Bhopal, Madhya Pradesh. The revisions were necessitated by observations received from NSE vide letters dated April 28, 2026 and April 29, 2026, which led to a change in the relevant date and consequently a revised issue price, as determined through an updated valuation report in accordance with applicable SEBI (ICDR) Regulations. The board meeting commenced at 04:00 P.M. and concluded at 04:16 P.M.

Revised Equity Share Preferential Issue

The board approved a revision in the issue size of equity shares following the ineligibility of Mr. Vivek Kumar, a proposed allottee, to participate in the preferential issue. Accordingly, the issue size was reduced from up to 20,00,000 (Twenty Lakh) Equity Shares to 19,75,000 (Nineteen Lakh Seventy-Five Thousand) Equity Shares. The relevant date for determining the floor price has been fixed as Wednesday, April 15, 2026, being the date 30 days prior to the EGM date of May 15, 2026. An independent registered valuer, Jom Jose, Chartered Accountant (Registration No: IBBI/RV/06/2022/15019), determined the issue price at Rs. 156.00/- per equity share. The key parameters of the revised equity share issue are summarised below:

Parameter: Details Type of Securities: Equity Shares of face value Rs. 10/- each, ranking pari passu with existing shares Type of Issuance: Preferential Issue under Chapter V of SEBI (ICDR) Regulations, 2018 Number of Shares: 19,75,000 (Nineteen Lakh Seventy-Five Thousand) Issue Price: Rs. 156.00/- per equity share (including premium of Rs. 146.00/- per share) Total Consideration: Rs. 30,81,00,000/- (Rupees Thirty Crore Eighty-One Lakh Only) Relevant Date: April 15, 2026 Number of Allottees: 23

All 23 proposed allottees for the equity share issue fall under the Non-Promoter category. The revised list of proposed allottees, along with their respective share allocations and consideration amounts, is detailed below:

Allottee: No. of Equity Shares Consideration (Rs.) North Star Opportunities Fund VCC 1,90,000 2,96,40,000 Prospera Capital Fund PCC 4,00,000 6,24,00,000 Century India Opportunity Fund PC 4,00,000 6,24,00,000 Rajat Vaid 50,000 78,00,000 Priyam Bansal 1,00,000 1,56,00,000 Amrita Agarwal 50,000 78,00,000 Pranav Vaid 20,000 31,20,000 Laxmi Publications Pvt Ltd 60,000 93,60,000 Deven Chaudhary 25,000 39,00,000 Ritesh Naredi 1,00,000 1,56,00,000 Ava Paisa Growth Pvt Ltd 40,000 62,40,000 Samar Vinaykumar Singh 25,000 39,00,000 Rishikesh Jadhav 25,000 39,00,000 Neerja Agarwal 20,000 31,20,000 Shrey Agarwal 20,000 31,20,000 Vipul Kumat 50,000 78,00,000 Nitin Bahl 25,000 39,00,000 Vibha Bahl 25,000 39,00,000 Rahul Aggarwal 50,000 78,00,000 Deoki Nandan Singal 1,25,000 1,95,00,000 Mrs. Santosh Singhal 1,25,000 1,95,00,000 Gurmehr Singh 25,000 39,00,000 Parmeet Kaur 25,000 39,00,000 TOTAL 19,75,000 30,81,00,000

Use of Proceeds from Equity Share Issue

The company has outlined the utilisation plan for the proceeds from the preferential issue of equity shares. The company shall not utilise more than 25% of the consideration received for general corporate purposes. The planned utilisation (Rs. in Lakhs) is as follows:

Purpose: Total Estimated Amount Utilisation in FY 2026-27 Utilisation in FY 2027-28 Capital Expenditure: 1,229.00 1,229.00 - Working Capital Requirements: 3,178.00 1,600.00 1,578.00 Marketing: 250.00 250.00 - General Corporate Purposes: 1,544.00 1,040.70 503.30 Total Net Proceeds: 6,201.00 4,119.70 2,081.30

Convertible Warrants Issue — Pricing Revised, Allottee List Unchanged

The board also took note of the revised issue price for convertible warrants, following the change in the relevant date. The list of proposed allottees for the convertible warrants remains unchanged. The relevant date for the warrant issue is also fixed as April 15, 2026. The key terms of the convertible warrants issue are as follows:

Parameter: Details Type of Securities: Convertible Share Warrants Type of Issuance: Preferential Issue under SEBI (ICDR) Regulations, 2018 Number of Warrants: Up to 20,00,000 (Twenty Lakh) Issue Price: Rs. 156.00/- per warrant (including premium of Rs. 146.00/- per warrant) Total Consideration: Rs. 31,20,00,000/- (Rupees Thirty-One Crore Twenty Lakh Only) Relevant Date: April 15, 2026 Number of Allottees: 72 Conversion Terms: Each warrant convertible into 1 equity share; exercisable within 18 months from date of allotment Payment Terms: 25% payable at application; balance at time of conversion

The 72 proposed allottees for the convertible warrants include both promoter and non-promoter category investors. Promoter and promoter group allottees include Swati Bapna (4,00,000 warrants), Narendra Singh Bapna (1,00,000 warrants), Divya Daga (40,000 warrants), Neha Bapna (40,000 warrants), Karan Singh Bapna (20,000 warrants), Pramod Ingle (15,000 warrants), and Vaishali Ingle (35,000 warrants). The proceeds from the warrant issue are intended to meet working capital requirements and general corporate purposes, with the same utilisation framework as the equity share issue.

EGM Corrigendum and Regulatory Compliance

The corrigendum to the EGM Notice dated April 23, 2026 has been issued pursuant to suggestions and comments received from NSE vide letters Ref: NSE/LIST/54755 dated April 28, 2026 and Ref: NSE/LIST/54756 dated April 29, 2026. The corrigendum addresses rectifications in the relevant date, issue price, total capital raised, number of equity shares, list of proposed allottees, and the percentage of preferential holding pre and post the issue for both equity shares and warrants. A certificate from Mr. Piyush Bindal, Practicing Company Secretary, certifying that the preferential issue is being made in accordance with the requirements of SEBI (ICDR) Regulations, will be available for inspection at the EGM. Additionally, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the securities of On Door Concepts has been closed with effect from April 01, 2026, and shall remain closed until 48 hours after the declaration of audited financial results for all Designated Persons and their Immediate Relatives covered under the Company's Code of Conduct. The corrigendum is available on the websites of NSDL, NSE, and the company at https://www.ondoor.com/preferential_issue.php .

On Door Concepts Limited has announced its 1st/2026-27 Extraordinary General Meeting (EGM) scheduled for Friday, May 15, 2026. The company published newspaper advertisements on April 24, 2026, in compliance with regulatory requirements to inform shareholders about the upcoming meeting and e-voting procedures.

Meeting Details and Compliance

The EGM will be conducted at 04:00 PM IST through Video Conference (VC) or Other Audio Visual Means (OAVM), in accordance with the Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The meeting complies with various MCA circulars including General Circular No. 09/2023 dated September 25, 2023, and other applicable circulars issued by the Ministry of Corporate Affairs and SEBI.

Parameter: Details Meeting Date: Friday, May 15, 2026 Meeting Time: 04:00 PM IST Meeting Mode: Video Conference (VC) / Other Audio Visual Means (OAVM) Deemed Venue: Registered Office - 1st and 2nd Floor, Plot No. 13 Railway Colony, E-8 Arera Colony, Bhopal, Madhya Pradesh- 462039

Shareholder Communication and Documentation

The company will send the EGM notice along with explanatory statement electronically to all shareholders by Thursday, April 23, 2026, whose email addresses are registered with the company, depository participants, or registrar and transfer agent. The documentation is also available on multiple platforms for shareholder access.

Document Availability:

Company website: www.ondoor.com

NSE website: www.nseindia.com

NSDL website: www.evoting.nsdl.com

Shareholders who have not registered their email addresses are advised to contact their depository participants to complete the registration process for obtaining login credentials for e-voting.

E-Voting Arrangements and Timeline

Pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, along with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has arranged e-voting facility through NSDL for all resolutions in the EGM notice.

E-Voting Schedule: Date and Time Cut-off Date: Friday, May 08, 2026 Remote E-voting Start: Tuesday, May 12, 2026 at 09:00 AM Remote E-voting End: Thursday, May 14, 2026 at 05:00 PM

The voting rights of members will be proportionate to their equity shares held in the paid-up equity share capital as on the cut-off date of Friday, May 08, 2026. The remote e-voting module will be disabled by NSDL after the specified period, and votes once cast cannot be subsequently changed.

Scrutinizer Appointment and Support

The Board has appointed CS Piyush Bindal, Practicing Company Secretary (M. No. FCS-6749 and CP No. 7442), Proprietor of M/s Piyush Bindal and Associates, as scrutinizer to conduct the e-voting process in a fair and transparent manner.

For queries or grievances related to the EGM or e-voting process, shareholders can:

Refer to FAQs and e-voting manual at www.evoting.nsdl.com

Call the helpline at 022-4886 7000

Email support at Pallavi.Mhatre@evoting.nsdl.com

Members attending the EGM through VC/OAVM who have not cast their votes through remote e-voting will be eligible to vote during the meeting, while those who have already voted remotely can participate but cannot vote again.

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