Retaggio Industries Allots 3,30,000 Equity Shares on Warrant Conversion

Retaggio Industries Limited has allotted 3,30,000 equity shares following the conversion of convertible warrants, as approved by the Board of Directors in their meeting held on 29th April 2026. The allotment represents the sixth tranche of warrant conversion and was executed pursuant to a special resolution passed by shareholders on 11th December 2025.

The equity shares of Rs. 10 each, fully paid-up, were allotted to Retaggio Trading Services LLP on a preferential basis. The warrant holders had previously paid 25% of the allotment price at the time of subscription, in accordance with Regulation 169(2) of the SEBI (ICDR) Regulations, 2018. The balance 75% of the consideration amounting to Rs. 64,35,000 was paid upon exercise of the conversion right.

Sr. No Name of the Allottee(s) No. of Equity Shares 75% of Issued Price (Rs.) 1 Retaggio Trading Services LLP 3,30,000 64,35,000/- TOTAL 3,30,000 64,35,000/-

Consequent to this allotment, the paid-up equity share capital of the company has increased to Rs. 19,23,01,600 divided into 1,92,30,160 equity shares of face value Rs. 10 each. The newly issued equity shares rank pari-passu with the existing equity shares of the company.

The warrant holders were entitled to exercise the warrants within 18 months from the date of allotment. The warrants were originally allotted on 13th January 2026 at Rs. 6.5 per warrant, representing 25% of the total consideration. The balance amount of Rs. 19.5 per equity share was received upon conversion. In the event of non-exercise within the stipulated period, unexercised warrants would lapse and the amount paid would stand forfeited.

Following the allotment, the shareholding pattern of Retaggio Trading Services LLP, identified as a promoter, has increased from 57,12,000 shares representing 30.22% to 60,42,000 shares representing 31.42% of the total shareholding of the company.

Retaggio Industries Limited has completed the allotment of 4,62,000 equity shares following warrant conversion and filed the mandatory insider trading disclosure under SEBI regulations. The Board of Directors approved the allotment on 21st April, 2026, with the regulatory disclosure submitted on 22nd April, 2026.

Warrant Conversion Details

The equity shares of Rs. 10 each were allotted to Retaggio Trading Services LLP on a preferential basis, representing the fifth tranche of warrant conversion. This conversion was authorized under a special resolution passed by shareholders on 11th December, 2025 and received in-principle approval from BSE Limited on 8th January, 2026.

Parameter: Details Allottee: Retaggio Trading Services LLP Shares Allotted: 4,62,000 equity shares Consideration Paid: Rs. 90,09,000 (75% of issue price) Face Value: Rs. 10 per share Transaction Type: Preferential offer (warrant conversion)

As per SEBI (ICDR) Regulations, 2018, 25% of the allotment price was paid at subscription. The warrant holders paid the balance 75% consideration of Rs. 90,09,000 upon exercising conversion rights. The warrants were originally allotted on 13th January, 2026 at Rs. 6.50 per warrant, with the balance of Rs. 19.50 per equity share paid upon conversion.

Impact on Share Capital and Shareholding

Following this allotment, the company's paid-up equity share capital increased to Rs. 18,90,01,600 divided into 1,89,00,160 equity shares of face value Rs. 10 each. The newly issued shares rank pari-passu with existing equity shares.

Shareholding Changes: Pre-Issue Post-Issue Number of Shares: 52,50,000 57,12,000 Shareholding %: 33.73% 30.22% Remaining Warrants: 57,42,000 52,80,000

Regulatory Compliance

Retaggio Trading Services LLP filed the insider trading disclosure under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure was signed by Savinay Lodha, Designated Partner (DPIN: 02634124), and submitted to maintain compliance with continual disclosure requirements.

The Board meeting was conducted at the company's registered office from 10:00 a.m. to 10:15 a.m. Warrant holders can exercise their conversion rights in one or more tranches within 18 months from allotment date, with unexercised warrants lapsing thereafter and amounts paid standing forfeited.

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