Outcome of the Board Meeting held on 31/10/2026 to discuss and approve Withdrawal of Proposed Preferential Issue of Equity Shares, Alteration of MOA, Acquisition, Raising of Funds and other matters as attached.

October 31, 2026 The Manager, Department of Corporate Services, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Mumbai-400 001 Script Code No. 526935 Reference: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Subject: Outcome of Board Meeting held on October 31, 2026 Dear Sir/Madam, Pursuant to applicable regulations of the Listing Regulations, including Regulation 30 read with Para A of Part A of Schedule III thereof, intimation dated August 28, 2026 and in continuation to board meeting outcomes dated August 28, 2026 and September 17, 2026, we wish to inform you that the Board of Directors of Kalind Limited (the “Company”), at its meeting held today i.e. Saturday, October 31, 2026, has, inter alia, considered and approved the following: 1. Withdrawal of Proposed Preferential Issue of 8,60,86,956 Equity Shares: The Board at its meeting held on 17th September, 2026 approved a fresh proposal for preferential issue and allotment of up to 8,60,86,956 Equity Shares at an issue price of ₹11.50/- per Equity Share, aggregating to ₹98,99,99,994/-, which was approved by the Members at the 32nd Annual General Meeting held on 29th September, 2026. The Company had accordingly revised its Application No. 279330 with BSE Limited for obtaining in-principle approval; however, the same remained pending as on date of this meeting. Further, due to prevailing market conditions and the unwillingness of the proposed allottees to proceed with the transaction on the current issue price of ₹11.50/- per Equity Share, the Board has decided to withdraw the aforesaid proposed preferential issue of Equity Shares. The Board also approved making the necessary disclosures to BSE Limited, withdrawing Application No. 279330 and authorising the Directors and/or Company Secretary to undertake all necessary actions in this regard. 2. Alignment, Alteration and Inclusion of Objects in the Main Object Clause of the Memorandum of Association (“MOA”) of the Company, subject to the approval of the Shareholders by way of Special Resolution: The Board of Directors considered and approved the proposal for alteration and realignment of the Main Object Clause of the Memorandum of Association of the Company, as set out under Clause III(A), with a view to aligning the objects with the proposed business activities and future growth opportunities of the Company. The proposed alteration involves modification of existing clauses and insertion of new clause in the Main Object Clause. The proposed amendments to Clause III(A) of the MOA, as detailed in Annexure 1, shall be subject to the approval of the shareholders of the Company by way of a Special Resolution. 3. Acquisition of Kalind Gems & Diamonds Limited: The Board of Directors considered and approved the proposal for acquisition of Kalind Gems & Diamonds Limited, an unlisted Public Limited Company as Domestic Wholly Owned Subsidiary (DWOS) of the Company. The acquisition shall be subject to completion of regulatory procedures, documentation and other formalities. The details as required under Para A of Part A of Schedule III of the SEBI (LODR) Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 (as amended) is provided in Annexure 2. 4. Raising of Funds Upto ₹500 Crore through permissible modes of issue: The Board considered and approved, in principle, a proposal to raise funds aggregating up to ₹500 Crore (Rupees Five Hundred Crore Only), through one or more permissible modes, including issuance of Equity Shares on a rights basis, preferential issue, issuance of warrants convertible into Equity Shares, or any other permissible securities, as may be considered appropriate, depending upon the prevailing market conditions and business requirements of the Company, subject to necessary approvals of the Board, Members, BSE Limited, SEBI and other regulatory/statutory authorities, as may be applicable. The Board authorised the Directors and/or Company Secretary of the Company to explore suitable fund- raising options and undertake necessary steps in this regard. 5. Approved the Notice of Postal Ballot for seeking approval of the Members of the Company and other matters incidental thereto: The Board considered and approved the Notice of Postal Ballot for seeking the approval of the Members of the Company by way of requisite resolution(s), along with the explanatory statement thereto. The Board further authorised the Directors and/or Company Secretary of the Company to undertake all necessary actions and compliances incidental thereto for conducting the Postal Ballot process. The meeting of the Board of Directors commenced at 6:00 P.M. and concluded at 6:35 P.M. This disclosure will also be hosted on the Company's website viz. www.kalindlimited.com. You are requested to kindly take the above information on records. Thanking you, Yours Faithfully, For Kalind Limited (Formerly Arunis Abode Limited) Ayush Jasani Vice Chairman and Managing Director DIN: 09842741 Encl.: a/a Annexure 1 Alignment, Alteration and Inclusion of Objects in the Main Object Clause of the Memorandum of Association (“MOA”) of the Company A. Replacement of existing Clause No. 5 & 6 with following New Clause No. 1: New Clause No. 1: To carry on the business of providing, supplying, leasing, hiring and renting earth-moving equipment, construction machinery and industrial equipment, including excavators, bulldozers, dozers, JCBs, loaders, skid loaders, industrial vacuum cleaners, road sweeper machines, all types of cranes and other related machinery, on a contract, lease, hire or rental basis in India or abroad, and to undertake civil works, infrastructure development, construction and allied projects, including manpower supply, labour-related services, site preparation, earthworks and project management services, along with the business of repair, maintenance, servicing and refurbishment of such machinery and equipment, and to provide related consultancy, technical, operational and support services in connection therewith. B. Replacement of existing Clause No. 1, 2, 3 & 4 with following New Clause No. 2: New Clause No. 2: To carry on the business of real estate developers, builders, contractors, engineers and estate agents, including acquiring, purchasing, leasing, exchanging, developing, constructing, building, reconstructing, altering, improving, maintaining, managing, selling, letting and dealing in land, buildings, residential, commercial and industrial properties, townships, housing projects, hotels, resorts, hospitals, educational institutions, infrastructure and other immovable properties, and to undertake all types of civil, structural, mechanical, electrical, irrigation and other engineering, construction and infrastructure development works, including roads, highways, bridges, canals, dams, power plants, drainage, water supply and other related projects, and to act as estate agents, property dealers, housing and land agents and estate managers, including managing, maintaining, repairing, renting, letting and sub-letting properties for and on behalf of the Company or any other persons, firms, companies, governments and authorities, and to enter into joint ventures, collaborations and other arrangements in connection with the aforesaid activities, subject to applicable laws and regulatory approvals. C. Renumbering of existing clause No. 7, 8 & 9 as Clause No. 3, 4 & 5. D. Insertion of following New Clause No. 6 New Clause No. 6 To carry on the business of buying, selling, importing, exporting, trading, distributing, polishing, cutting, processing, manufacturing, dealing in and otherwise handling diamonds, precious and semi-precious stones, gemstones and other precious stones, whether natural, synthetic or lab- grown, in rough, polished or any other form, and to deal in diamond jewellery, ornaments and related products, both in [Showing first 8,000 characters — download PDF for full document]