Allotment of Securities

Prostarm/Secretarial/2026-27/71 October 15, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Script Code: 544410 Symbol: PROSTARM Subject: Intimation w.r.t Allotment of Convertible Warrants Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations), 2015 (the “SEBI Listing Regulations”) Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Board of Directors of Prostarm Info Systems Limited (“Company”), vide a Circular Resolution passed on October 15, 2026, has inter-alia considered and approved the allotment of 28,98,717 (Twenty-Eight Lakh Ninety-Eight Thousand Seven Hundred Seventeen) Convertible Warrants (“Warrants”) on a preferential basis to the identified persons belonging to the Non-Promoter Category, as detailed in ‘Annexure A’ enclosed herewith. The aforesaid allotment has been made pursuant to: 1. The Special Resolution passed by the Members of the Company at the 19th Annual General Meeting held on September 11, 2026; and 2. Receipt of the requisite in-principal approvals from BSE Limited and National Stock Exchange of India Limited. The Warrants have been allotted at an issue price of Rs. 147/- (Rupees One Hundred Forty-Seven only) per Warrant, aggregating to Rs. 42,61,11,399/- (Rupees Forty-Two Crore Sixty-One Lakh Eleven Thousand Three Hundred Ninety- Nine only). Each Warrant entitles the Warrant Holder to subscribe to and be allotted one fully paid-up equity share of the Company having a face value of Rs. 10/- each, at a premium of Rs. 137/- per share, upon payment of the balance 75% of the issue price within 18 (Eighteen) months from the date of allotment of the Warrants, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and other applicable laws. The Company has received 25% of the issue price, amounting to Rs. 36.75 per Warrant and aggregating to Rs. 10,65,27,849.75, towards the upfront Warrant Subscription Amount, in accordance with Regulation 169 of the SEBI ICDR Regulations. The balance 75% of the issue price, amounting to Rs. 110.25 per Warrant, shall be payable by the respective Warrant Holders upon exercise of their conversion rights. The Warrants have been allotted in dematerialised form. The equity shares allotted upon conversion of the Warrants shall rank pari passu in all respects with the existing equity shares of the Company, including voting rights and dividend entitlement, and shall be listed on the Stock Exchanges, subject to receipt of the requisite approvals. The Warrants and the equity shares arising upon conversion thereof shall be subject to the applicable lock-in requirements under Regulation 167 and other relevant provisions of Chapter V of the SEBI ICDR Regulations. The pre-preferential allotment shareholding, if any, of the proposed allottees shall also remain subject to the applicable lock-in requirements. In the event that a Warrant Holder does not exercise the conversion option within 18 (Eighteen) months from the date of allotment, the Warrants shall lapse and the amount paid towards subscription of such Warrants shall stand forfeited in accordance with the SEBI ICDR Regulations and the terms of issue. Details required pursuant to Regulation 30 of SEBI Listing Regulations, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as ‘Annexure B’. The said Circular Resolution was approved by the Board of Directors on October 15, 2026 around 14.59 p.m. (IST). You are requested to take the above information on record. Thanking you, For Prostarm Info Systems Limited Sachin Gupta Company Secretary and Compliance Officer Membership No: F12500 Encl: As above Annexure A Sr. Name of Proposed Allottees Category (Promoter /Non - Maximum number of No. Promoter) Convertible Warrants proposed to be allotted 1. Mrs. Pushpa Rani Bakliwal Non-Promoter 1,10,421 2. Mr. Amol Satish Godha Non-Promoter 1,10,421 3. Mr. Rohit Jain Non-Promoter 45,000 4. Mr. Rinku Kailashchand Jain Non-Promoter 1,09,000 5. Mr. Sourav Jain Non-Promoter 45,000 6. Mrs. Sushila Devi Jain Non-Promoter 90,000 7. Mrs. Rekha Jain Non-Promoter 90,000 8. Mr. Pankaj Kumar Jain Non-Promoter 90,000 9. Mr. Kailash Chand Jain Non-Promoter 90,000 10. Mr. Pranjal Mukesh Jain Non-Promoter 4,50,000 11. Mrs. Harshita Jain Non-Promoter 90,000 12. Mrs. Mala Jain Non-Promoter 45,000 13. Mr. Vipul Jumaklal Jain Non-Promoter 45,000 14. Manish M Davda HUF Non-Promoter 22,500 15. Mr. Hitesh Mathuradas Davda Non-Promoter 22,500 16. Mr. Rishab Jain Non-Promoter 45,000 17. Bharat Hastimal Rajawat HUF Non-Promoter 73,625 18. Mrs. Reshma Chapra Non-Promoter 7,07,250 19. Mrs. Saniya Chapra Non-Promoter 2,06,000 20. Mrs. Mubina Sofia Non-Promoter 2,06,000 21 Mrs. Shifa Chapra Non-Promoter 2,06,000 Total 28,98,717 Annexure B Sr. No. Particulars Details 1 Type of securities proposed to be Convertible Warrants, each carrying a right exercisable by the Warrant issued (viz. equity shares, Holder to subscribe to and be allotted one fully paid-up equity share of convertibles etc.); the Company having a face value of Rs. 10/- each. 2 Type of issuance (further public Preferential issue on a private-placement basis in accordance with offering, rights issue, depository Chapter V of the SEBI ICDR Regulations. receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.); 3 Total number of securities 28,98,717 Convertible Warrants at an issue price of Rs. 147/- per Warrant, proposed to be issued or the aggregating to Rs. 42,61,11,399/-. total amount for which the securities will be issued (approximately); In case of preferential issue, the listed entity shall disclose the following additional details to the stock exchange(s): 4 i. Names of the investors; The names of the 21 non-promoter allottees and the number of Warrants allotted to each are set out in Annexure A. ii. Post allotment of securities – The Company has allotted 28,98,717 Convertible Warrants to 21 Non- outcome of the subscription, Promoter investors at an issue price of Rs. 147/- per Warrant. The issue price / allotted price (in case Company has received 25% of the issue price, i.e., Rs. 36.75 per Warrant, of convertibles), number of aggregating to Rs. 10,65,27,849.75, as the upfront Warrant Subscription investors; Amount. Each Warrant is convertible into one fully paid-up equity share of the Company upon payment of the balance 75% of the issue price within 18 months from the date of allotment. iii. Issue Price / Allotted Price (in Rs. 147/- per Convertible Warrant. case of convertibles) iv. Number of Investors 21 non-promoter investors v. In case of convertibles – Each Warrant Holder may exercise the conversion option within 18 intimation on conversion of months from the date of allotment upon payment of the balance 75% of securities or on lapse of the the issue price. If the conversion option is not exercised within the tenure of the instrument prescribed period, the Warrants shall lapse and the upfront subscription amount paid shall stand forfeited in accordance with the applicable regulations and terms of issue. vi. Any cancellation or Not Applicable termination of proposal for issuance of securities Including reasons thereof vii. Lock-In The Warrants and the equity shares allotted upon conversion shall be subject to the lock-in requirements prescribed under Regulation 167 and other applicable provisions of Chapter V of the SEBI ICDR Regulations. The pre-preferential allotment shareholding, if any, of the proposed allottees shall also be subject to the applicable lock-in requirements