Outcome of Board Meeting

Date: 28.09.2026 To, To, The Manager The Manager Listing & Compliance Department, Listing & Compliance Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla Complex, Bandra, Dalal Street, Mumbai – 400 001 Mumbai- 400051. Company Symbol: SWARAJ S c r i p C o d e : 5 4 4 8 6 1 ISIN: INE0GMR01016 Dear Sirs, Sub.: Outcome of Board Meeting held on Monday, 28th September 2026 Ref: Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) (“LODR”) Regulations, 2015 With regard to the captioned matter and in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 ("Listing Regulations”), this is to inform you that at the meeting of the Board of Directors of the Company held today i.e., 28th September, 2026, the Board of Directors have inter alia considered & approved the following: 1. Issuance of up to 35,00,000 (Thirty Five Lakh) Equity Shares at a face value of Rs. 10/- (Rupees Ten) per share on a preferential basis (“Preferential Issue”) in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ["SEBI (ICDR) Regulations"], as amended, and other applicable laws, at a premium of Rs. 325/- (Three Hundred and Twenty Five only)per share, at the issue price of Rs. 335/- (Three Hundred and Thirty Five only) per share, aggregating up to Rs. 1,17,25,00,000/- (One Hundred Seventeen Crores Twenty Five Lakh only) to Non-promoter/ Identified Persons, subject to the approval of the members of the Company and such regulatory/ statutory authorities as may be applicable. The information in connection with the Preferential Issue pursuant to Regulation 30 of the SEBI Listing Regulations read with Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 & SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 which is latest updated Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure-I to this letter. 2. Issuance of up to 17,00,000 (Seventeen Lakh) Warrants convertible into equal number of Equity Shares at a face value of Rs. 10/- (Rupees Ten) per share on a preferential basis (“Preferential Issue”) in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ["SEBI (ICDR) Regulations"], as amended, and other applicable laws, at the issue price of 335/- (Three Hundred and Thirty Five only) per warrant, aggregating up to Rs. 56,95,00,000/- (Fifty Six Crores Ninety Five Lakh only) to Non-Promoter/Identified Persons, subject to the approval of the members of the Company and such regulatory/ statutory authorities as may be applicable. The information in connection with the Preferential Issue pursuant to Regulation 30 of the SEBI Listing Regulations read with Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 & SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, which is latest updated Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure-I to this letter. 3. Convening an Extra Ordinary General Meeting of the Members of the Company on Saturday, the 24th of October, 2026 for seeking their approval for the Preferential Issues to be discussed and considered in this meeting. The Notice of the said EGM shall be submitted to the Stock Exchange in due course in compliance with the provisions of the SEBI (LODR) Regulations and SEBI (ICDR) Regulations. The meeting commenced at 07:00 PM and concluded at 08:35 PM. We request you to kindly take the above on record and bring to the notice of all concerned. Thanking you, Yours faithfully, For Swaraj Suiting Limited Rahul Kumar Verma Company Secretary & Compliance Of(cid:976)icer Annexure I Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 Part A: Type of Securities Equity Shares proposed to be issued Type of Issuance Preferential Issue Total number of Issue up to 35,00,000 (Thirty Five Lakh) Equity Shares at a face securities proposed to be value of Rs. 10/- (Rupees Ten) per share, at a securities premium issued or the total of Rs. 325/- (Three Hundred and Twenty Five only) per share, at amount for which the the issue price of Rs. 335/- (Three Hundred and Thirty Five securities will be issued only) per share, aggregating up to Rs. 1,17,25,00,000/- (One Hundred Seventeen Crores Twenty Five Lakh only) on a preferential basis. Name of the Investors S. No. Name of Proposed Investors Maximum No. of Equity Shares to be offered 1. Clarus Capital I 2250000 2. KRITAGYATA TRUST 1125000 3. EMERGE CAPITAL 125000 OPPORTUNITIES SCHEME TOTAL 3500000 Post allotment of – Outcome of subscription (No. of Shares): securities outcome of the Category Pre Post subscription, issue price Promoter/ 1,65,69,636 1,65,69,636 allotted price (in case of Promoter’s Group (62.72%) (55.38%) convertibles), number of Public 98,48,624 1,33,48,624 investors; (37.28%) (44.62%) TOTAL 2,64,18,260 2,99,18,260 (100.00%) (100.00%) Outcome of subscription (No. of Shares) on Diluted Basis: (after considering conversion of existing outstanding warrants) Category Pre Post Promoter/ 2,05,69,636 2,05,69,636 Promoter’s Group (65.06%) (58.58%) Public 1,10,45,524 1,45,45,524 (34.94%) (41.42%) TOTAL 3,16,15,160 3,51,15,160 (100.00%) (100.00%) Issue Price: Rs. Rs. 335/- (Three Hundred and Thirty Five only) per share as per the provisions of Regulation 164(1) of the SEBI ICDR Regulations, 2018 The number of proposed Investors are 3 (Three). In case of convertibles- Not Applicable intimation on conversion of securities or on lapse of the tenure of the instrument Part B: Type of Securities Warrants convertible into Equity Shares proposed to be issued Type of Issuance Preferential Issue Total number of Issue up to 17,00,000 (Seventeen Lakh) Warrants convertible securities proposed to be into equal number of Equity Shares at a face value of Rs. 10/- issued or the total (Rupees Ten) per share at the issue price of Rs. 335/- (Three amount for which the Hundred and Thirty Five only) per warrant, aggregating up to securities will be issued Rs. 56,95,00,000/- (Fifty Six Crores Ninety Five Lakh only) on a preferential basis Name of the Investors S. No. Name of Proposed Investors Maximum No. of Equity Shares to be offered As per Annexure-II Post allotment of – Outcome of subscription (No. of Shares) on Diluted Basis: securities outcome of the (after considering conversion of outstanding warrants) subscription, issue price Category Pre Post allotted price (in case of Promoter/ 2,05,69,636 2,05,69,636 convertibles), number of Promoter’s Group (58.58%) (55.87%) investors; Public 1,45,45,524 1,62,45,524 (41.42%) (44.13%) TOTAL 3,51,15,160 3,68,15,160 (100.00%) (100.00%) Issue Price: Rs. 335/- (Three Hundred and Thirty Five only) per warrant as per the provisions of Regulation 164(1) of the SEBI ICDR Regulations, 2018 The number of proposed Investors are 81 (Eighty One). In case of convertibles- Not-Applicable intimation on conversion of securities or on lapse of the tenure of the instrument Annexure II S. No. Name of Proposed Investors Maximum No. of Equity Shares to be offered A. Non Promoter- Public Category 1. CLARUS CAPITAL I 2,50,000 2. ANNSO CAPITAL PRIVATE LIMITED 1,00,000 3. RNR WEALTH MANAGEMENT PRIVATE LIMITED 70,000 4. MS CAPITAL INDIA FUND 1 25,000 5. FIRST AMONG EQUALS 45,000 6. ANSHVARDHAN MODI 4,00,000 7. RAGHAV AGARWAL 2,00,000 8. VINEET KAUL 1,00,000 9. HINA KHAN 72,000 10. BHAGCHAND PUNAMCHAND BAFNA 50,000 11. LALITA JAIN 30,000 12. RITIK NARPATKUMAR CHOPRA 30,000 13. AJAY VIJAY DHANUKA 30,000 14. SANGITA JAIN 30,000 15. VIJAY RAMVALLABH KHETAN 30,000 16. JANAK DINKARRAI DESAI 30,000 17. VIDHI PAREKH 25,000 18. SAURABH [Showing first 8,000 characters — download PDF for full document]