Outcome of Board Meeting

Date: 30-10-2026 To, To, 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- 400051. Mumbai – 400 001 Company Symbol: SWARAJ Scrip Code: 544861 Dear Sirs, Sub.: Outcome of Board Meeting held on Friday, 30th October, 2026 Ref.: In-Principle approval received on January 23, 2026 vide Letter No. NSE/LIST/52250 This is with reference to captioned subject we wish to inform you that the Board of Directors of the Company, at its meeting held on today i.e. Friday, 30th October, 2026, inter alia, has: 1. Considered and approved the Allotment of 4,65,000 (Four Lakh Sixty-Five Thousand) equity shares of face value of Rs. 10/- each pursuant to conversion of warrants into equity shares at a premium of Rs. 226/- per equity share. The details of the allottee(s) are annexed as Annexure B. The allotment has been made for cash, upon the receipt of the remaining exercise price of Rs. 177/- per warrant (being an amount equivalent to 75% of the issue price of Rs. 236/- per warrant), aggregating to Rs. 8,23,05,000/- (Rupees Eight Crore Twenty-Three Lakh Five Thousand Only) and duly signed application form(s) from the respective warrant holder(s), as per the terms of issue of Warrants. These equity shares being allotted on conversion of the warrants, shall rank pari-passu, in all respects with the existing equity shares. Post the allotment of equity shares, the equity paid-up share capital of the Company has increased from to Rs. 26,41,82,600/- (Rupees Twenty Six Crore Forty One Lakh Eighty Two Thousand and Six Hundred Only) to Rs. 26,88,32,600/- (Rupees Twenty-Six Crore Eighty-Eight Lakh Thirty-Two Thousand Six Hundred Only). The details as required as per Regulation 30 of SEBI (Listing Obligations and Disclosures Requirement) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 updated on January 30, 2026 with respect to the allotment of equity shares is enclosed as Annexure-A. The Board Meeting commenced at 03:00 PM and concluded at 03:50 PM. Kindly take the above on your record. Thanking you, For Swaraj Suiting Limited Rahul, Kumar Verma Company Secretary & Compliance Officer Date: 30-10-2026 Place: Bhilwara ANNEXURE-A Issuance of securities: S. Particulars Details a) type of securities proposed to be Equity shares issued (viz. equity shares, convertibles etc.); b) type of issuance (further public Preferential Allotment- Conversion of offering, rights issue, depository warrants into equity shares receipts (ADR/GDR), quali(cid:976)ied institutions placement, preferential allotment etc.); c) total number of securities proposed to Total number of securities allotted are: be issued or the total amount for 4,65,000 (Four Lakh Sixty-Five which the securities will be issued Thousand) Equity Shares of face value (approximately); of Rs 10/- at a premium of Rs. 226/- per share. d) in case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): i. names of the investors; As per Annexure B ii. post allotment of securities - As per Annexure B outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; iii. in case of convertibles - Exercise of 4,65,000 warrants into intimation on conversion of 4,65,000 fully paid-up equity shares of securities or on lapse of the Rs. 10/- each. tenure of the instrument; The tenure of the warrants shall not exceed 18 (eighteen) months from the date of allotment. Each warrant shall carry a right to subscribe 1 (one) Equity Share per warrant, which may be exercised in one or more tranches during the period commencing from the date of allotment of warrants until the expiry of 18 (eighteen) months from the date of allotment of the warrants. An amount equivalent to 25% of the Warrants Issue Price has been received at the time of subscription and allotment of each Warrant and the balance 75% shall be payable by the Warrant holder(s) on the exercise of Warrant(s); In the event that, a warrant holder does not exercise the warrants within a period of 18 (Eighteen) months from the date of allotment of such warrants, the unexercised warrants shall lapse and the amount paid by the warrant holders on such Warrants shall stand forfeited by the Company. ANNEXURE-B List of Allottees: S. Name of the Pre-allotment No. of No. of Current Post-allotment No. Allottee(s) equity share- warrants warrants allotment equity share- holding allotted already upon holding after converte conversion exercise of d of warrants No. of % warrants No. of % shares at Rs. shares 177/- per warrant 1. MIHIR 0 0 10,000 0 10,000 10,000 0.04 NAVINCHANDRA SHAH 2. MAMTA KICHARA 1500 0.01 2500 1500 1,000 2500 0.01 3. DIVINE SUITING 54,02,400 20.45 24,00,000 4,00,000 384,000 57,86,400 21.52 PRIVATE LIMITED 4. PAYAL TANDAN 0 0 60,000 0 60,000 60,000 0.22 SHRIVASTAVA 5. SHAH SHAURIN 0 0 10,000 0 10,000 10,000 0.04 VIJAYKUMAR TOTAL 54,03,900 20.4 24,82,500 4,01,500 465,000 58,68,900 21.83 Shareholding Pattern of the Company (Post Conversion of Warrants into Equity Shares) S. Category No. of % (Pre- No. of % (Post- No. shares (Pre- conversion) shares conversion) conversion) (Post- conversion) 1. Promoters and 1,65,69,636 62.72 1,69,53,636 63.06 Promoter Group 2. Public 98,48,624 37.28 99,29,624 36.94 TOTAL 2,64,18,260 100.00 2,68,83,260 100.00