Raconteur Global Resources Allots 5.56 Million Equity Shares and 7.25 Million Warrants, Appoints New Directors

Raconteur Global Resources Limited announced major corporate developments following its board meeting concluded on March 18, 2026, at 07:30 P.M. The company approved significant equity allotments and key appointments that will strengthen its capital structure and governance framework.

Equity Share Allotment Details

The board approved the allotment of equity shares with face value INR 10 each at INR 14 per share, including a premium of INR 4. The allotment comprised two components:

Component Details Amount (INR) Cash Consideration 1,149,998 equity shares to Non-Promoters/Public Category 1,60,99,972 Loan Conversion 4,414,285 equity shares upon conversion 6,17,99,990 Total Shares Allotted 5,564,283 equity shares 7,78,99,962

Following this allotment, the company's issued and paid-up capital increased to INR 10,77,78,440. The equity shares were allotted to seven entities, with Ecomatix Solution Private Limited receiving the largest allocation of 3,700,000 shares, followed by Atharva Professional Consultants LLP with 714,286 shares.

Warrants Allotment Program

The board also approved the allotment of 7,249,998 warrants convertible into equity shares at INR 14 per warrant, including a premium of INR 4. The total value of this warrant allotment amounts to INR 10,14,99,972.

Allottee Category Warrants Allocated Regency Digitrade Investments Private Limited Non-Promoter 2,500,000 Max-Bio Biosciences Private Limited Non-Promoter 2,142,857 Anaaya Management Consultancy Private Limited Non-Promoter 1,785,714 SN Capital Management Private Limited Non-Promoter 714,285 Arpan Jain Non-Promoter 107,142

Warrant holders are required to pay 25% of the issue price upfront and can convert their warrants into equity shares by paying the remaining 75% within 18 months from the allotment date.

Leadership Appointments

The company strengthened its governance structure with two key appointments:

Independent Director Appointment

Mr. Arvinder Singh Kohli (DIN: 08444774) was appointed as Additional Director in the capacity of Non-Executive Independent Director effective March 18, 2026. Mr. Kohli brings over 20 years of experience as a Company Secretary and Banking Professional, with expertise in:

Corporate secretarial compliance and advisory

Secretarial audits and regulatory filings

Company formation and statutory registrations

Liaison with regulatory authorities including Reserve Bank of India and Registrar of Companies

Internal Auditor Appointment

Mr. Surinder Kalra (DIN: 10779178) was appointed as Internal Auditor pursuant to Section 138 of the Companies Act, 2013, effective March 18, 2026. Mr. Kalra, an Arts graduate, contributes 29 years of extensive experience in the automobile sector with demonstrated management skills and strategic expertise.

Regulatory Compliance

All appointments and allotments were made in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and SEBI Listing Regulations. The company confirmed that the newly appointed director is not debarred from holding office pursuant to any SEBI order or other authority. Detailed disclosures under Regulation 30 of SEBI Listing Regulations have been submitted to BSE Limited, where the company trades under scrip code 541703.

Raconteur Global Resources Limited announced significant board changes following its meeting held on March 11, 2026. The board meeting, conducted through video conferencing from 04:30 P.M. to 05:30 P.M., resulted in one appointment and multiple resignations that will reshape the company's leadership structure.

New Director Appointment

The board approved the appointment of Mr. Sourabh Parnami as Additional Director in the capacity of Non-Executive Independent Director. The appointment details are outlined below:

Parameter: Details Name: Mr. Sourabh Parnami DIN: 05323570 Designation: Non-Executive Independent Director Appointment Date: March 11, 2026 Term: Until ensuing general meeting Relationship Status: Not related to any existing director

Mr. Parnami brings extensive expertise as a seasoned Practicing Company Secretary with over 14 years of professional experience since commencing practice in 2012. He specializes in corporate law advisory, secretarial compliance, FEMA matters, SEBI regulations, and transaction structuring for private and listed companies. His experience encompasses incorporations, mergers, capital restructuring, NBFC compliances, and due diligence assignments. The company confirmed that Mr. Parnami is not debarred from holding director positions by SEBI or any other authority.

Director Resignations

The board acknowledged resignations from two Independent Directors, both effective March 10, 2026:

Director Details: Mr. Asdulla Mehfuzaali Khan Mr. Tushar Virendra Pratap Singh DIN: 10388973 10388960 Position: Non-Executive Independent Director Non-Executive Independent Director Resignation Date: March 10, 2026 March 10, 2026 Reason: Personal reasons Pre-occupations and other assignments Other Positions: None in listed entities Chairman of Audit Committee and Nomination and Remuneration Committee

Mr. Khan's resignation letter specifically mentioned personal reasons for his departure while reserving rights for outstanding remuneration, sitting fees, and reimbursements. Mr. Singh's resignation resulted in his stepping down from committee chairmanships, citing pre-occupations and other professional assignments. Both directors confirmed there were no other material reasons beyond those stated for their resignations.

Company Secretary Changes

The board also noted the resignation of Ms. Priya Mathur from her position as Company Secretary and Compliance Officer, effective from the closure of business hours on March 9, 2026. Her ICSI Membership Number is A73141.

Regulatory Compliance

All disclosures were made pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The meeting outcome was signed by Surinder Kalra, Whole-Time Director (DIN: 10779178), and submitted to BSE Limited for regulatory compliance.

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