Outcome of Board Meeting

National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400051. Scrip Symbol LIBAS Series EQ ISIN INE908V01012 Dear Sir/Ma’am, Subject Outcome of Board meeting Pursuant to applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that the meeting of the Board of Directors of Libas Consumer Products Limited was held on Wednesday, September 9, 2026 has considered and approved: 1. Raise of Funds The Board in their meeting held on June 2, 2026, considered and approved to raise fund through right issue an aggregate amount not exceeding ₹ 14.50 crore. As per the SEBI Circular dated March 11, 2025; the timeline, by which Rights Issues shall be completed within 23 working days from the date of the 1st meeting of Board of Directors of the Issuer approving the Rights Issue. However, the company could not proceed with filing of draft offer letter with NSE. Hence, considering the above circular, the Board of Directors further conducted meeting and have approved raise of funds by way of issue of equity shares of the Company of face value ₹10/- (Rupee Ten Only) each for an aggregate amount not exceeding ₹ 14.50 crore (Rupees Fourteen crore fifty lakh only) on Right issue basis, on such terms and conditions as may be decided by the Board of Directors / Rights Issue Committee to the eligible equity shareholders of the Company, as on the record date (to be notified subsequently). The issue is subject to the receipt of applicable regulatory, statutory approvals, in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, and the Companies Act, 2013 and the rules made thereunder, as amended from time to time. The detailed terms of Right issue including the procedure for applying in the Right issue will be specified in the Letter of Offer, which will be sent - in due course - by the Company to all the eligible shareholders holding equity shares of the Company as on the record date. The details that need to be disclosed w.r.t the issuance of securities under Regulation 30 read with Schedule III of SEBI (LODR) Regulations read with SEBI Circular No. SEBI/ HO/CFD/CFD- PoD1/P/CIR/2023/123 dated July 13, 2023 are mentioned in Annexure A. 2. Appointment of Monitoring Agency The Board has approved appointment of M/s Brickwork Ratings India Private Limited as Monitoring Agency. Libas Consumer Products Limited CIN: L18101MH2004PLC149489 Registered Office: Aapki Industrial Premises Coop Soc. Ltd., Unit No. 62, Masrani Lane, Sidhpura Ind Estate, Halav Pool, Kurla (West), Mumbai-400070 Contact: 022-49767404/7396 E-mail: cs@libas.co.in Website: riyazgangjilibasconsumerproductltd.com 3. Constitution of the Rights Issue Committee Constitution of the Rights Issue Committee, consisting of Mr. Riyaz Ganji, Mr. Nishant Mahimtura and Mr. Ashish Dubey empowering them to undertake all the necessary activities for the completion of the proposed Rights Issue. The meeting was started at 01:46 p.m. (IST) and concluded at 02:34 p.m. (IST). For & on behalf of Libas Consumer Products Ltd. Riyaz Eqbal Ahmed Ganji Managing Director DIN 02236203 Date September 9, 2026 Place Mumbai Libas Consumer Products Limited CIN: L18101MH2004PLC149489 Registered Office: Aapki Industrial Premises Coop Soc. Ltd., Unit No. 62, Masrani Lane, Sidhpura Ind Estate, Halav Pool, Kurla (West), Mumbai-400070 Contact: 022-49767404/7396 E-mail: cs@libas.co.in Website: riyazgangjilibasconsumerproductltd.com Annexure A Raising of Fund Sl. Particulars Details 1. Type of securities proposed to be issued (viz. equity shares, Equity Shares convertibles etc.) 2. Type of issuance (further public offering, rights issue, Right Issue depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total number of securities proposed to be issued or the total ₹ 14.50 crore (Rupees Fourteen amount for which the securities will be issued crore fifty lakh only) (approximately); Libas Consumer Products Limited CIN: L18101MH2004PLC149489 Registered Office: Aapki Industrial Premises Coop Soc. Ltd., Unit No. 62, Masrani Lane, Sidhpura Ind Estate, Halav Pool, Kurla (West), Mumbai-400070 Contact: 022-49767404/7396 E-mail: cs@libas.co.in Website: riyazgangjilibasconsumerproductltd.com