Outcome of Board Meeting

BHAGYANAGAR INDIA LIMITED 1S0-9001-2008 Certified Company Registered Office : Surana Group Plot No. 9/13/1 & P-9/14, |.D.A. Nacharam, Hyderabad -500 076. Telangana, India. Tel. : +91 40 27152861, 27151278 Fax : +91 40 27172140, 27818868 Email : bil@surana.com Website : www.bhagyanagarindia.com CIN No. : L27201TG1985PLC012449 BIL/SECT/16/2026-27 Date: 30% June, 2026 The Secretary, The Secretary. National Stock Exchange of India Lid., BSE Limited, Bxchange Plaza, C-1, Block G, Phiroze Jecjeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Strect, Mumbai - 400 051 Mumbai - 400 001 Serip Code: BHAGYANGR Serip Code: 512296 Dear Madam/ Sir, Reference: Our prior intimation dated 24th June,2026 under Regulation 29(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations™) Subject: Outcome of the Meeting of Board of Directors of Bhagyanagar India Limited (the “Company”). In accordance with Regulation 30 of the SEBI Listing Regulations read with Schedule - 11T thereto, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e., Tuesday,30" June 2026 have, inter alia, considered and approved: A. Raising of funds through issuance of equity shares on preferential basis through Private Placement, in accordance with the Companies Act, 2013 read with the rules made there under and Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations") read with other applicable regulations, if any, each as amended, subject to the requisite statutory and regulatory approvals including approval of the sharcholders of the Company as laid hereunder: - upto 12,06,895, fully paid-up equily shares of the Company of face value of Rs. 2/-, each (Rupees Two Only) for cash atissue price of Rs. 348.00/-, (Rupees Three Hundred and Forty Eight Only) (includes premium of Rs 346/- per Equity Share) aggregating to an amount upto Rs.41,99,99,460/- (Rupees Forty One Crores Ninety Nine Lacs Ninety Nine Thousand Four Hundred and Sixty Only), to 3 (three) Qualified Institutional Buyers (“Non-Promoter category”) and - upto 2,94,539, fully paid-up equity shares of the Company off ace value of Rs. 2/-, each (Rupees Two Only) for cash at issue price of Rs. 348.00/-, (Rupees Three Hundred and Forty Eight Only) (includes premium of Rs 346/- per Equity Share) aggregating to an amount up to Rs 10,24,99,572, (Rupees Ten Crores Twenty Four Lacs Ninety Nine Thousand Five Hundred and Seventy Two only) to 4 (Four) other than Qualified Institutional Buyers (“Non-Promoter Category™). B. Convening of an Extra-Ordinary General Meeting (“EGM”) of the shareholders of the Company on July 23, 2026 through video conferencing or other audio-visual means, for seeking necessary approval of the shareholders for the aforesaid matters, Notice of EGM ete. C. Engaged the services of Kfin Technologies Limited ("Kfintech”) to provide the e-voting facility and appointed Mr. Vikas Sirohiya, Practicing Company Secretary, as the Scrutinizer to oversee and scrutinize the e-voting process in connection with the Extra-Ordinary General Meeting. The requisite details as required in terms of SEBI circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexures- A & B to this letter. The meeting of the Board of Directors of the Company duly commenced at 12,30 P.M. and concluded at 03:00 P.M. A copy of this disclosure is being uploaded on the website of the Company a thitps://bhagyanagarindia.com/investor-relations/ We request you to kindly take note of the above intimation on your record and disseminate. Thanking You. Yours faithfully, For Bhagyanagar India Limited Devendra Surana Managing Director DIN: 00077296 Enclosure: As stated above Annexure — A Issuance of equity share to Qualified Institutional Buyers: S.NO. PARTICULARS ; DETAILS 1. | Type of securities proposed to be issued | Equity Shares off ace value of Rs. 2 /- cach. (viz. equity shares, convertibles etc.) 2. | Type of issuance (further public offering, | Preferential Issue in accordance with ChapVt oef trhe rights issue, depository receipts | SEBI (Issue of Capital and Disclosure Requirements) (ADR/GDR), qualified institutions | Regulations, 2018, as amended placement, preferential allotment etc.) 3. | Total number of securities proposed to be | 12,06,895 issued or the total amount for which the securities will be issued (approximately) i 4. | In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): Names of the investors Details attached as Annexure A 1 Number of Investors 3 Post allotment of securities- outcome of the | Issue of 12,06,895 equity shares of Rs.2 each at a subscription, issue pr/i alclotteed price (in | price of Rs. 348/-per Equity Share aggregating case of convertibles), number of investors Rs.41,99,99,460/- Particulars Pre- issue Post- issue Shareholding | Shareholding Name No. of | No. of | No. of Shares | Shares | Shares LC Pharos | Nil Nil | 574,712 Multi Strategy Fund VCC - LC Pharos Multi Strategy Fund SF | Niveshaay Nil Nil | 574,712 | 1.72% Hedgehogs Fund Ashika Nil Nil 57,471 | 0.17% Global Finance Private Limited In case of convertibles - intimation on | Not Applicable conversion of securities or on lapse of the tenure of the instrument Issue Price Rs. 348.00/~ per Equity Share (including a premium of Rs. 346.00/- per Equity Share). The price at which the Equity Shares shall be issued to the Investors is not lower than the floor price (as on the relevant date i.e. June 23, 2026) determined in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended 5. | Any cancellation or termination of proposal | Not Applicable for issuance of securities including reasons thereof Annexure - B Issuance of equity shares to other than Qualified Institutional Buyers: S. NO. PARTICULARS DETAILS 1. | Type of securities proposed to be issued (viz. | Equity Shares of face value of Rs. 2 /- cach. equity shares, convertibles etc.) 2. | Type of issuance (further public offering, | Preferential Issuc in accordance with Chapter V of rights issue, depository receipts (ADR/GDR), | the SEBI (Issuc of Capital and Disclosure qualified institutions placement, preferential | Requirements) Regulations, 2018, as amended allotment etc.) 3. | Total number of securities proposed to be | 2,94,539 issued or the total amount for which the securities will be issued (approximately) 4. | In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): Names of the investors Details attached as Annexure A [ Number of Investors 4 N Post allotment of securities - outcome of the | Issue of 2,94,539 equity shares of Rs.2 each at a subscription, issue price / allotted price (in | price of Rs. 348/~ per Equity Sharc aggregating case of convertibles), number of investors Rs.10,24,99,572/- Particulars Pre- issue Post- issue Sharcholding | Shareholding Name No. of | No. of | No. of | No. of Shares | Shares | Shares | Shares Mr. Ajay | Nil Nil 1.00,862 | 0.30% Pancholi Mr. Ashok | Nil Nil 0.34% Atluri 1,14,942 Mrs.Gulab | Nil Nil 50,000 | 0.15% Shrimal Mr. Nil Nil 28,735 | 0.09% Aputva Mahesh Shah Tn case of convertibles - intimation on | Not Applicable conversion of securities or on lapse of the tenure of the instrument Tssue Price Rs. 348.00/- per Equity Share (including a premium of Rs. 346.00/- per Equity Share). The price at which the Equity Shares shall be issued to the Investors is not lower than the floor price (as on the relevant date i.e. June 23, 2026) determined in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Re [Showing first 8,000 characters — download PDF for full document]