Outcome of Board Meeting

July 02, 2026 The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited P. J. Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code – 540775 Symbol – KHADIM Dear Sir / Madam, Sub: Outcome of the Board Meeting held on July 02, 2026 pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) In continuation to our letter dated June 23, 2026 and pursuant to Regulation 30 of the Listing Regulations we would like to inform you that the Board of Directors of the Company at its meeting held today, i.e., on July 02, 2026, inter- alia, has considered and approved the following business: 1. Issue of Convertible Equity Share Warrants (“Warrants”) on Preferential basis: It was decided to issue upto 10,68,182 (Ten Lakh Sixty Eight Thousand One Hundred and Eighty Two) Fully Convertible Equity Share warrants (“Warrants”) of ₹ 10/- (Rupees Ten Only) each at an exercise price of ₹ 110/- (Rupees One Hundred Ten Only) each aggregating upto ₹ 11,75,00,020/- (Rupees Eleven Crore Seventy Five Lakh Twenty Only) wherein every 1 (One) issued Warrant of ₹ 10/- (Rupees Ten Only) each will be converted into 1 (One) Equity Share of ₹ 10/- (Rupees Ten Only) each within 18 (Eighteen) months of the allotment of Warrants, to one of the Promoters and certain identified Non-Promoter entities (as listed in “Annexure-A” herein) by way of preferential issue in accordance with the provisions of Section 42 and Section 62(1)(c) of the Companies Act, 2013, as amended from time to time read with Companies (Prospectus and Allotment of Securities) Rules, 2014 and Companies (Share Capital and Debentures) Rules, 2014 as amended from time to time, Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Listing Regulations and such other acts / rules / regulations as may be applicable and subject to necessary approval of the Members of the Company and other regulatory authorities, as may be applicable. Upon issue of Warrants in accordance herewith, an amount equivalent to 25% (twenty- five per cent) of the total issue size shall be called upfront from the proposed allottees. Details relating to issue of Warrants as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (last updated on January 30, 2026) ("SEBI Circular’), are provided in “Annexure – B”. 2. Convening of the Extra Ordinary General Meeting of the Company It was decided to hold an Extraordinary General Meeting (“EGM”) of the Members of the Company on Saturday, August 01, 2026 at 11:30 a.m. (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) to seek the approval of the shareholders of the Company, inter alia, in relation to the aforesaid proposal for issuance of Warrants which is subject to approval of the shareholders of the Company. The notice of the said EGM will be sent separately to the Stock Exchange(s) and to the Members of the Company and will also be available on the Company's website at www.khadims.com and on the website of the stock exchange(s) i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively, in due course. The Company has fixed Saturday, July 25, 2026 as the “Cut-off-Date” for the purpose of determining the eligibility of the Members entitled to vote by remote e-voting. Those shareholders holding shares either in dematerialized form or in physical form, as on the close of business hours on July 25, 2026 will be entitled to avail the facility of remote e-voting (from 9:00 a.m. on July 29, 2026 upto 5:00 p.m. on July 31, 2026) as well as voting at the EGM. 3. Continuation of Directorship Continuation of Directorship of Prof. (Dr.) Surabhi Banerjee (DIN:07829304) as an Independent Director of the Company post attaining the age of 75 years, subject to approval by the Members of the Company. Details of Prof. (Dr.) Surabhi Banerjee is enclosed herewith and marked as “Annexure - C”. 4. Appointment of Director Appointment of Mr. Sekhar Bhattacharjee (DIN: 05125932) as an Additional Director designated as an Independent Director of the Company with effect from July 02, 2026 pursuant to the recommendation of the Nomination and Remuneration Committee and subject to the approval of the shareholders of the Company. A brief profile of Mr. Bhattacharjee is enclosed herewith and marked as “Annexure - D”. 5. Approved change in one clause of Articles of Association of the Company subject to approval of the Members of the Company. Please note that the meeting commenced at 12:35 p.m. and concluded at 01:00 p.m. You are requested to take the above information on your record. Thanking you, Yours faithfully, For Khadim India Limited Group Company Secretary & Head – Legal ICSI Membership No.: A21358 Encl: As above ANNEXURE – A List of Proposed Allottees: Sl. No. Names Maximum Nos. of Warrants Offered A. Promoters/Promoter Group: Mr. Siddhartha Roy Burman 2,27,273 B. Non-Promoter / Public - Others 1. Mr. Aarya Ketan Kotecha 2,27,273 2. Mr. Aniket Latkar 90,909 3. Mr. Ashwini Sunil Chavan 90,909 4. Ms. Cherry Mehta 72,727 5. Gold Circle Ventures Partners LLP 90,909 6. Mr. Krishnam Chirimar 90,909 7. Mr. Lalit Agrawal 90,909 8. Ms. Palak Agarwal 90,909 9. Mr. Pratham Prasoon 45,455 10. Mr. Siddharth Harshad Parikh (Karta) of 90,909 Siddharth Harshad Parikh (HUF) 11. Ms. Vedika Shinde 68,182 GRAND TOTAL(A+B) 10,68,182 ANNEXURE-B The details relating to issuance of warrants as required under Regulation 30 of Listing Regulations read with SEBI Circular dated January 30, 2026 are as under: SI. Particulars Description 1 Type of Fully Convertible Equity Share Warrants (“Warrants”) securities proposed to be issued 2 Type of Preferential issue of Warrants in accordance with the provisions of the Companies issuance Act, 2013 read with the rules made thereunder and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended from time to time (“ICDR Regulations”) and other applicable laws. 3 Total number U p to 10,68,182 (Ten Lakh Sixty Eight Thousand One Hundred and Eighty Two) of securities Warrants, each convertible into, or exchangeable for, l (One) fully paid-up equity proposed to be share of the Company having face value of ₹ 10/- (Rupees Ten Only) (“resultant issued or the Equity Shares”) each at a price (including the Warrant Subscription Price and the total amount for Warrant Exercise Price) of ₹ 110/- (Rupees One Hundred Ten Only) each payable which the in cash (“Warrant Issue Price”), aggregating upto ₹ 11,75,00,020/- (Rupees Eleven securities will Crore Seventy Five Lakh Twenty Only) (“Total Issue Size”). be issued (approximately) The price of the Warrants has been determined in accordance with the ICDR Regulations. The preferential issue will be undertaken for cash consideration. An amount equivalent to 25% of the Warrant Issue Price shall be payable 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 conversion of Warrant(s); The price of the Warrants and the number of Equity Shares to be allotted on conversion of Warrants shall be subject to appropriate adjustments as permitted under applicable laws. Additional information in case of preferential issue: 4 Name of the As per Annexure A Investors 5 Post allotment The details of warrants, prior to and after the proposed preferential allotment are as of securities - under: outcome of the subscription, issue price / allotted price (in case of convertibles), number of Name of the Pre Issue No. of Post Issue Equity investors Proposed Allottees Equity holding warrant holding after exercise s of warra [Showing first 8,000 characters — download PDF for full document]