Please find the attached Outcome of Board Meeting for Allotment of Equity Shares and Convertible Warrants & Execution of SPA

Callista Industries Ltd has allotted 6,50,000 preferential equity shares, raising Rs. 65 lakh, and 12,00,000 convertible warrants, securing Rs. 30 lakh upfront. Concurrently, the company executed a Share Purchase Agreement to acquire 100% of Sadguru Flexibles Packaging Limited, which will become a wholly-owned subsidiary. Callista also proposes to invest Rs. 10.5 crore in Sadguru Flexibles for working capital, aligning with the preferential issue's objectives. This strategic move aims to expand the company's business footprint.