BOARD MEETING OUTCOME REGARDING ALLOTMENT OF EQUITY SHARES ON PREFRENTIAL BASIS

Ref: VIL/BSE & NSE/2026-27/October/44 Date: 23.10.2026 To, To, The Manager (Listing) The Manager (Listing) BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Plot No. C/1, G Block, Mumbai(M.H.) - 400001 Bandra-Kurla Complex, BSE Script Code: 533576 Bandra (E), Mumbai-400051. NSE Symbol: VASWANI Sub: Outcome of meeting of Board of Directors of the Company held on October 23, 2026: Regarding allotment of equity shares on preferential basis. Ref: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") Dear Sir/Madam, In furtherance to our earlier intimations pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), vide our letter dated May 30, 2026, and our intimation pursuant to Regulations 30 and 44(3) of the SEBI Listing Regulations vide letters dated June 08, 2026, regarding the proceedings of the Postal Ballot Notice dated June 08, 2026 and the declaration of voting results dated July 09, 2026, as well as the in-principle approvals received by the Company from BSE Limited vide letter dated October 12 2026, and from the National Stock Exchange of India Limited vide letter dated October 12, 2026, we wish to inform you that: The Board of Directors of the Company, at its meeting held today, i.e., October 23, 2026, has approved the allotment of 16,45,000 (Sixteen Lakhs Forty-Five) fully paid-up equity shares of face value Rs. 10/- (Rupees Ten only) each (“Equity Shares”), bearing distinctive numbers from 3,29,46,154 to 3,45,91,153 (both inclusive), at a price of Rs. 60/- (Rupees Sixty only) per Equity Share (including a share premium of Rs. 50/- per Equity Share). The issue price is not less than the minimum price determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”). The above allotment has been made on a preferential basis, in accordance with the provisions of Chapter V of the SEBI ICDR Regulations, against receipt of full application monies aggregating to Rs. 9,87,00,000/- (Rupees Nine Crore Eighty-Seven Lakhs only), to the following allottees belonging to the Promoter Category: Sr. Name of Category Number of Issue price Total No. Allottees Equity Subscription Share price allotted received 1 Mr. Ravi Vaswani Promoter 394460 60/- 2,36,67,600 2 Mr. Yashwant Promoter 394450 60/- 2,36,67,000 Ravi Vaswani 3 Mr. Kushal Promoter 394450 60/- 2,36,67,000 Vaswani 4 Smt. Manisha Promoter 153845 60/- 92,30,700 Vaswani 5 Smt. Sudha Promoter 153845 60/- 92,30,700 Vaswani 6 Smt. Tanya Promoter 76975 60/- 46,18,500 Vaswani Group 7 Smt. Jyotsna Promoter 76975 60/- 46,18,500 Vaswani Group Total 1645000 - 9,87,00,000/- The new equity shares so allotted, shall rank pari passu with the existing equity shares of the Company. Post allotment of the aforesaid shares, the paid-up capital of the Company has increased from ₹32,94,61,530 (3,29,46,153 equity shares of face value of ₹ 10/- each fully paid up) to ₹34,59,11,530 (3,45,91,153 equity shares of face value of ₹ 10/- each fully paid up). The Company has received the issue price per equity shares i.e. Rs. 60/- (Rupees Sixty only) as total consideration to Rs. 9,87,00,000/- (Rupees Nine Crore Eighty-Seven Lakhs only) for allotment of 16,45,000 equity shares as per the terms of the issue. The aforesaid equity shares shall rank pari-passu, in all respects with existing equity shares Sof the Company. Details of allotment made are attached as Annexure A. It is further intimated that the meeting of the Board of Directors commenced at 01:00 P.M. and concluded at 01:30 P.M. We request you to take the above on record pursuant to compliance under the SEBI Listing Regulations. Thanking you. Yours Sincerely Vaswani Industries Limited Sakshi Agrawal (Company Secretary) Raipur ANNEXURE-A Disclosure pursuant to Part A Para A of Schedule III of Regulation 30 of the SEBI Listing Regulation, 2015 read with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July 2023 and SEBI/HO/CFD/CFD- PoD-1/P/CIR/2023/123 dated 13 July 2023 Name of the Company Vaswani Industries Limited Date of Allotment October 23, 2026 Type of securities Allotted Equity Shares Issue Price per Share (In ₹) Rs. 60/- Face Value per Share (In ₹) Rs. 10/- Premium Amount per Share (In ₹) Rs. 50/- Total Number of allottees 07 SR. PARTICULARS DETAILS 1. Type of securities issued Equity Shares of a face value of Rs. 10/- each 2. Type of issuance Preferential Issue in accordance with Chapter V of the SEBI (ICDR) Regulations and other applicable laws. 3. Total number of securities proposed to 16,45,000 equity shares of face value be issued or the total amount for which Rs.10 each, issued at a price of Rs. 60 per the securities will be issued share for cash, aggregating to Rs. 9,87,00,000. 4. Issue Price issued at Rs. 60.00 per share, comprising a face value of Rs. 10.00 and a premium of Rs. 50.00 per share 5. Number of Proposed Five (Promoters) Allottee's & Two (Promoter Group) Allottee's 6. Name of proposed Allottee’s and Annexure I maximum number of Equity Shares to be offered 7. Post allotment of securities outcome of Annexure I subscription 8. Lock in requirement The Equity Shares issued and allotted to each of the Proposed Allottees on a preferential basis under the Preferential Issue shall be locked in for a period of 18 (Eighteen) months from the date of trading approval granted for the specified securities, in accordance with Regulation 167 (I) of the ICDR Regulations. The entire pre-preferential allotment shareholding of the allottees, if any, shall be locked-in from the relevant date up to a period of 90 (Ninety) trading days from the date of trading approval, in accordance with regulation 167 (6) of the ICDR Regulations. 9. In case of convertibles, intimation on Not Applicable conversion of securities or on lapse of the tenure of the instrument 10. Nature of consideration (Whether cash Cash Consideration or consideration other than cash) ANNEXURE I Sr. Name of Category Pre-Preferential No. of Post-Preferential No. Proposed shareholding shares to shareholding# Allottees be allotted pursuant to preferential No. of % of No. of % of Issue Equity Holding Equity Holding Shares Shares 1 Mr. Ravi Promoter 8877160 26.94% 394460 9271620 26.80% Vaswani 2 Mr. Yashwant Promoter 3310840 10.05% 394450 3705290 10.07% Ravi Vaswani 3 Mr. Kushal Promoter 1761153 5.35% 394450 2155603 6.23% Vaswani 4 Smt. Manisha Promoter 2322175 7.05% 153845 2476020 7.16% Vaswani 5 Smt. Sudha Promoter 4113825 12.49% 153845 4267670 12.34% Vaswani 6 Smt. Tanya Promoter 0 0% 76975 76975 0.22% Vaswani Group 7 Smt. Jyotsna Promoter 0 0% 76975 76975 0.22% Vaswani Group