To Allot Fully Convertible Equity Warrants on a Preferential basis.

@ Sun Retail Limited CIN: L46305GJ2007PLC050974 November 02,2026 BSE Limited Department of Corporate Services, Phirozee Jeejeebhoy Tower, Dalal Street Fort, Mumbai-400001. Scrip Code: 542025 ISIN: INE206Z01020 Subject: Outcome of Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015 Dear Sir/Madam, With reference to the captioned subject and pursuance to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, this is to inform you that the Meeting of the Board of directors was held on Monday, November 02, 2026, at the registered office of the company, inter-alia, have considered and approved following among other businesses: The outcome of Board meeting is as under: 1. To Allot Fully Convertible Equity Warrants on a Preferential basis. Pursuant to Special Resolution passed by the Members of Sun Retail Ltd in AGM (Including Remote E-Voting) on Wednesday, September 30, 2026, and pursuant to the "In-principle Approval” granted by the BSE on October 23, 2026, the Board of Directors of the Company has allotted 18,90,13,412 (Rupees Eighteen Crore Ninety Lakh Thirteen Thousand Four Hundred Twelve Only) Fully Convertible Equity Warrants convertible into Equity Shares to 9 allottees on November 02, 2026 at an issue price of Rs. 1.00/- per warrant on preferential basis in First tranche in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Sr.No | Name of the Allottee Category Warrants Issued 1. PATEL MAULIK KANUBHAI Public shareholders- Non 2,21,99,562 Institutional - Resident Individuals 2. PATEL RAKESHKUMAR | Public shareholders- Non 2,21,99,562 NARAYANBHAI Institutional - Resident Individuals 3. PATEL HENILKUMAR | Public shareholders- Non 2,21,99,562 CHANDRAKANT Institutional - Resident Individuals 4. N N FINANCIAL ADVISORY Public shareholders- Non 3,10,79,387 Institutional - Any @ Sun Retail Limited CIN: L46305GJ2007PLC050974 other(Partnership Firm) 5. P J FINSERV Public shareholders- Non 3,10,79,387 Institutional - Any other(Partnership Firm) 6. PATEL KEVIN KANUBHAI Public shareholders- Non 2,21,99,562 Institutional - Resident Individuals 7. PATEL MANUBHAI KESHAVLAL Public shareholders- Non 1,10,99,780 Institutional - Resident Individuals 8. PATEL ASHOKBHAI | Public shareholders- Non 47,57,048 GORDHANBHAI Institutional - Resident Individuals 9. PATEL CHANDRAKANT | Public shareholders- Non 2,21,99,562 NARAYANBHAI Institutional - Resident Individuals Total 18,90,13,412 Further, we would like to inform you that the Company has received from the proposed allottee 25% of the consideration amount as required under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and as the Company has allotted warrants, there is currently no change in the paid-up share capital of the Company. The relevant details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated January 30, 2026, are annexed and marked as Annexure - L. The Board Meeting Commenced at 05.25 P.M. and concluded at 06.20 P.M. You are requested to kindly take the above information on record. Thanking you, Yours faithfully For, SUN RETAIL LIMITED SANJAY PATIL MANAGING DIRECTOR DIN: 11912512 @ Sun Retail Limited CIN: L46305GJ2007PLC050974 Annexure - I Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated January 30, 2026. Sr. Particular Remarks 1 Type of securities proposed to be | Fully Convertible Equity Warrants each allotted (viz. equity shares, convertibles | convertible into equivalent number of fully etc.); paid-up equity share of the Company. 2 Type of issuance (further public | Allotment of Fully Convertible Equity offering, rights issue, depository | Warrants pursuant to Preferential allotment receipts (ADR/GDR), qualified | in accordance with the Chapter V of SEBI institutions placement, preferential | (ICDR) Regulation 2018 read with the allotment etc.); Companies Act, 2013 and rules made there. 3 Total number of securities proposed to | Allotment of 18,90,13,412 Fully Convertible be Allotted or the total amount for | Equity Warrants on Preferential basis to the which the securities will be allotted | Non - Promoter Category investors at an issue (approximately); price of Rs. 1.00/- in First tranche. 4 In case of preferential issue, the listed | i) Names of Investors- Annexure I(A) entity shall disclose the following additional details to the stock |ii) Post Allotment of Securities - details exchange(s): mentioned below as Annexure - I(B) i) Names of the investors; ii) Post allotment of securities - |iii) In case of Convertibles Securities - Each outcome of the subscription, issue price | Warrant would be convertible into equivalent / allotted price (in case of | number of fully paid-up equity share of face convertibles), number of investors; value of Re. 1/- each of the Company at an iii) in case of convertibles - intimation | option of Proposed Allottee, within a on conversion of securities or on lapse | maximum period of 18 months from the date of the tenure of the instrument of allotment of Warrants. An amount equivalent to at least 25% of the warrant issue price shall be payable upfront along with the application and the balance 75% shall be payable by the Proposed Allottee on the exercise of option of conversion of the warrant(s). The number of Equity shares to be allotted on exercise of the warrants shall be subject to appropriate adjustments as permitted under the rules, regulations and laws, as applicable from time to time. 5 Any cancellation or termination of | Not Applicable proposal for issuance of securities including reasons thereof @ Sun Retail Limited CIN: L46305GJ2007PLC050974 Annexure - I(A) SrNo. | Name of proposed Allottee 1. PATEL MAULIK KANUBHAI 2. PATEL RAKESHKUMAR NARAYANBHAI 3. PATEL HENILKUMAR CHANDRAKANT 4. N N FINANCIAL ADVISORY 5. P J FINSERV 6. PATEL KEVIN KANUBHAI 7. PATEL MANUBHAI KESHAVLAL 8. PATEL ASHOKBHAI GORDHANBHAI PATEL CHANDRAKANT NARAYANBHAI @ Sun Retail Limited CIN: L46305GJ2007PLC050974 Annexure - I(B) Sr. | Name of the | Category Pre- % to | No. of | Post issue | % of post No | Shareholders issue | pre- warrants Equity share | issue share | issue allotted capital* sharehold s capita ing* 1. | PATEL MAULIK | Public 0 0 2,21,99,562 | 2,21,99,562 355 KANUBHAI shareholders - Non Institutional - Resident Individuals 2. PATEL Public 48000 0.03 2,21,99,562 | 2,22,47,562 356 RAKESHKUMA | shareholders R - Non NARAYANBHA| | Institutional - Resident Individuals 3. PATEL Public 48000 0.03 2,21,99,562 | 2,22,47,562 356 HENILKUMAR shareholders CHANDRAKAN | - Non T Institutional - Resident Individuals 4. | N N FINANCIAL | Public 0 0 3,10,79,387 | 3,10,79,387 197 ADVISORY shareholders - Non Institutional - Any other(Partne rship Firm) 5. | PJFINSERV | Public 0 0 3,10,79387 | 3,10,79,387 197 shareholders - Non Institutional - Any other(Partne rship Firm) 6. PATEL KEVIN | Public 48000 0.03 2,21,99,562 | 2,22,47,562 356 KANUBHAI shareholders - Non Institutional - Resident Individuals 7. | PATEL Public 0 0 1,10,99,780 | 1,1099,780 178 MANUBHAI shareholders KESHAVLAL - Non Institutional - Resident @ Sun Retail Limited CIN: L46305GJ2007PLC050974 Individuals 8. | PATEL Public 0 0 4757,048 | 47,57,048 076 ASHOKBHAI shareholders GORDHANBHAI | - Non Institutional - Resident Individuals 9. | PATEL Public 48000 | 003 2,21,99,562 | 2,22,47,562 356 CHANDRAKAN | shareholders T - Non NARAYANBHA| | Institutional - Resident Individuals TOTAL 18,90,13,412 *NOTE: The percentage of post issue shareholding has been computed assuming the full allotment of 46,98,32,000 warrants and the consequent conversion of such warrants into equity shares.