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

CALLISTA INDUSTRIES LIMITED CIN: L65921GJ1989PLC098109 Registered Address: -9 GF A-Wing, P.N-53, Mile Stone Complex, Ta- Bardoli, Surat, Bardoli — 394602 Corporate Address: 5C 2A Gundecha Oncleave Kherani Road Sakinaka, Andheri East Mumbai 400072, Mumbai, Maharashtra, India, 400072 Email: chplindustries@gmail.com Mobile No. 7977106490 BSE Limited P J Towers, Dalal Street, Fort, Mumbai — 400 001 Scrip code — 544391 Subject: Outcome of Board Meeting held on 23 June, 2026 Reference: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir, We would like to inform you that pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, the Board of Directors of the Company in the Board Meeting held today i.e. 23 June, 2026 at the corporate office of the Company to consider and approve the following: Allotment of Equity Shares: Allotment of second tranche of 6,50,000 Equity Shares of Rs. 10/- each, fully paid up on Preferential Basis in accordance with the Special resolution passed by the shareholders on 15" December, 2025 read with 2™ Corrigendum dated 04" June, 2026 and pursuant to the In-principle approval received from BSE Limited vide their letter number LOD/PREF/PB/FIP/411/2026-27 dated 19%" June, 2026. The details of allotment are as follows: Sr. No | Name of the Allottee(s) No. of Equity Total Consideration Shares Price 1. DSD Corpcon LLP 5,00,000 50,00,000/- 2. Pintu Nathulal Jain 1,50,000 15,00,000/- TOTAL 6,50,000 65,00,000/- Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs. 4,69,65,880/- (Rupees Four Crore Sixty Nine Lakh Sixty five Thousand Eight Hundred and Eighty only) divided into 46,96,588 (Forty Six Lakhs Ninety Six Thousand Five Hundred Eighty-eight only) CALLISTA INDUSTRIES LIMITED CIN: L65921GJ1989PLC098109 Registered Address: -9 GF A-Wing, P.N-53, Mile Stone Complex, Ta- Bardoli, Surat, Bardoli — 394602 Corporate Address: 5C 2A Gundecha Oncleave Kherani Road Sakinaka, Andheri East Mumbai 400072, Mumbai, Maharashtra, India, 400072 Email: chplindustries@gmail.com Mobile No. 7977106490 Equity Shares of face value Rs. 10/- each. The new equity shares issued rank pari-passu with the existing equity shares. The relevant details pertaining to the above as per the SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 November 11, 2024 are enclosed as “Annexure A”. Allotment of Warrants: Pursuant to the approval of the shareholders of the Company obtained at the Annual General Meeting read with 2™ Corrigendum dated 04" June, 2026 and upon receipt of 25% of the issue price, the Company had allotted 12,00,000 (Twelve Lakh) Convertible Equity Warrants at an issue price of Rs. 10/- per warrant, each convertible into one Equity Share, aggregating to Rs. 1,20,00,000/- (Rupees One Crore Twenty Lakh Only), on a preferential basis. The Company has received 25% of the issue price, i.e., Rs. 2.50/- per warrant, aggregating to Rs. 30,00,000/- (Rupees Thirty Lakh Only), in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. Further, BSE Limited had granted its In-Principle Approval vide Letter No. LOD/PREF/PB/FIP/411/2026- 27 dated 19t June, 2026. The Equity Shares proposed to be allotted upon exercise of the aforesaid warrants shall be fully paid- up and shall rank pari passu with the existing Equity Shares of the Company in all respects, including dividend entitlement and voting rights, from the date of allotment. Such allotment shall be subject to the applicable provisions of law and the provisions of the Memorandum and Articles of Association of the Company. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as “Annexure B”. CALLISTA INDUSTRIES LIMITED CIN: L65921GJ1989PLC098109 Registered Address: -9 GF A-Wing, P.N-53, Mile Stone Complex, Ta- Bardoli, Surat, Bardoli — 394602 Corporate Address: 5C 2A Gundecha Oncleave Kherani Road Sakinaka, Andheri East Mumbai 400072, Mumbai, Maharashtra, India, 400072 Email: chplindustries@gmail.com Mobile No. 7977106490 3. Share Purchase Agreement (SPA): Executed by M/s. Callista Industries Limited (the Company/Purchaser) with the existing shareholders of M/s. Sadguru Flexibles Packaging Limited (“target Company”) for the acquisition of the entire equity share capital (representing 100% of Paid Up Capital) of M/s. Sadguru Flexibles Packaging Limited pursuant to the approval of the Members of the Company accorded at the Annual General Meeting held on 15" December, 2025 read with the 2" Corrigendum dated 04" June, 2026. The Company has executed and delivertehde Share Purchase Agreement for acquisition of the Equity Shares of M/s. Sadguru Flexibles Packaging Limited. The acquisition is subject to the fulfilment of the terms and conditions as stipulated under the Share Purchase Agreement. Upon completion of the transaction and satisfaction of all the conditions precedent, M/s. Sadguru Flexibles Packaging Limited shall become a wholly owned subsidiary of the Company. Further, the Company proposes to invest Rs. 10,50,00,000/- (Rupees Ten Crore Fifty Lakh Only) towards the working capital requirements of the Target Company, in line with the objects of the Preferential Issue as approved by the Members of the Company. Upon completion of the transaction and satisfaction of all the conditions precedent under the Share Purchase Agreement, M/s. Sadguru Flexibles Packaging Limited shall become a wholly owned subsidiary of the Company. The Company shall make further intimations to the Stock Exchange upon completion of the transaction and fulfilment of all the terms and conditions of the Share Purchase Agreement. The Disclosure of information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD1/P/CIR/2023/123 dated 13th July, 2023, is attached as “Annexure-C”. CALLISTA INDUSTRIES LIMITED CIN: L65921GJ1989PLC098109 Registered Address: -9 GF A-Wing, P.N-53, Mile Stone Complex, Ta- Bardoli, Surat, Bardoli — 394602 Corporate Address: 5C 2A Gundecha Oncleave Kherani Road Sakinaka, Andheri East Mumbai 400072, Mumbai, Maharashtra, India, 400072 Email: chplindustries@gmail.com Mobile No. 7977106490 The Meeting of the Board of Directors of the Company was commenced at 05:50 p.m. and concluded at 06:30 p.m. Kindly take the same on your record. FOR CALLISTA INDUSTRIES LIMITED (Rashmi Ravi Sharma) Managing Director DIN: 06618645 Date: 23/ June, 2026 Place: Mumbai CALLISTA INDUSTRIES LIMITED CIN: L65921GJ1989PLC098109 Registered Address: -9 GF A-Wing, P.N-53, Mile Stone Complex, Ta- Bardoli, Surat, Bardoli — 394602 Corporate Address: 5C 2A Gundecha Oncleave Kherani Road Sakinaka, Andheri East Mumbai 400072, Mumbai, Maharashtra, India, 400072 Email: chplindustries@gmail.com Mobile No. 7977106490 AnnexureA The disclosures as per the SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 November 11, 2024 regarding the conversion of warrants and allotment of equity shares, are as follows: S. No. Particulars Details 1. Type of securities issued Equity shares 2. Type of issuance {further—publie | Preferential allotment Fferi iahts ) it &—Fig —eepH ¥ oPts —{ ADR—/7 DR}e lified institutions—placement; preferential allotment etc.) 3. Total numbeorf securities proposed | Total no. of securities: 6,50,000 equity shares at to be issued ort he total amount for | Rs. 10/- per share. which the securities will be issued (approximately) 4, In case of Preferential issue the listed entity shall disclose the following additional details to the Stock Exchange(s) Names and number of the investors: Number of allottee(s) 2 Name(s) of the allottee( [Showing first 8,000 characters — download PDF for full document]