General Updates

July 07, 2026 Ref. No. 31/2026-27 BSE Limited National Stock Exchange of India P.J. Towers, Dalal Street. Limited Mumbai-400 001. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Scrip Code – 500279 Symbol – ONIDA Through: BSE Listing Centre Through: NEAPS Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to the Preferential Issue of Convertible Equity Share Warrants Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and with reference to Requirement Letter No. NSE/LIST/55242 dated June 30, 2026 issued by the National Stock Exchange of India Limited ("NSE") in relation to In- principle approval application, Onida Electronics Limited (Formerly known as MIRC Electronics Limited) ("Company") hereby makes the following disclosures to the shareholders of the Company: 1. Voluntary Obtaining of Valuation Report The Management of the Company had voluntarily obtained a Valuation Report dated May 16, 2026 from Mr. Bhavesh M. Rathod, Registered Valuer – Securities or Financial Assets (Registration No. IBBI/RV/06/2019/10708) for determining the fair value of the Equity Shares proposed to be allotted pursuant to the conversion of the Convertible Equity Share Warrants to the proposed allottees. 2. Revision in Post-Issue Shareholding Pattern on Fully Diluted Basis The Company further wishes to inform the shareholders that, while preparing the post-issue shareholding pattern disclosed in the Notice convening the Extraordinary General Meeting, the impact of the Employee Stock Options ("ESOPs") already granted by the Company was inadvertently not considered while computing the post- issue shareholding pattern on a fully diluted basis. Accordingly, the Company has revised the disclosures contained in Point Nos. 9, 14 and 15 of the EGM Notice dated May 16, 2026 to reflect the post-issue shareholding pattern on a fully diluted basis after considering the ESOPs already granted by the Company. The revised disclosures are enclosed as Annexure – A, Annexure – B and Annexure – C respectively. ONIDA ELECTRONICS LIMITED (Formerly known as MIRC Electronics Limited) Regd. Office: Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (East), Mumbai-400 093. Tel.: +91-22-6697 5777 CIN No.: L32300MH1981PLC023637. Website: www.onida.com Kindly take this disclosure on your records. For Onida Electronics Limited (Formerly known as MIRC Electronics Limited) Kaval Mirchandani Whole-time Director DIN: 01179978 Encl: As above ONIDA ELECTRONICS LIMITED (Formerly known as MIRC Electronics Limited) Regd. Office: Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (East), Mumbai-400 093. Tel.: +91-22-6697 5777 CIN No.: L32300MH1981PLC023637. Website: www.onida.com Annexure -A 9. Shareholding pattern of the issuer before and after Preferential Issue: The shareholding pattern of the Company before and after the Preferential Issue is as follows: Sr. Category of Shareholder(s) Pre – Issue Shareholding as Post – Issue shareholding No. on March 31, 2026 after exercise of the entire issue (Indicative)* No. of shares % of share No. of % of share Held holding shares held holding A Promoters & Promoter Group Holding 1 Indian a) Individual 3,36,14,073 9.10 33614073 8.02 b) Bodies Corporate 11,60,37,696 31.41 11,60,37,696 27.68 c) Others 0 0 0 0 Sub-Total (A)(1) 14,96,51,769 40.51 14,96,51,769 35.70 2 Foreign Sub- Total (A)(2) 0 0 0 0 Total Promoters & Promoter 14,96,51,769 40.51 14,96,51,769 35.70 Group Holding (A) B Non-Promoters Holding 1 Institutional Investors Sub-Total (B)(1) 0 0 0 0 2 Non-Institutions Others (including NRIs/HUF) 21,97,40,595 59.49 # 26,95,21,530 64.30 Sub-Total (B)(2) 21,97,40,595 59.49 26,95,21,530 64.30 Total Public Shareholding (B) 21,97,40,595 59.49 26,95,21,530 64.30 Total (A)+(B) 36,93,92,364 100.00 41,91,73,299 100.00 *The Post-preferential shareholding (Post conversion of warrants)* in the above table has been prepared on the basis that the proposed allottee(s) will subscribe to all the equity shares which they intent to do so and on fully diluted basis and the pre-issue share holding pattern continue to the shareholder of the Company. In the event for any reason, the proposed allottee(s) do not or are unable to subscribe to and/or are not allotted the equity shares the shareholding pattern in the above table would undergo corresponding changes. # Others (including NRIs/HUF) - Post Others (including NRIs/HUF) - Pre 21,97,40,595 ESOP Granted 3,10,30,942 Convertible Equity Share Warrants 1,87,49,993 Total 26,95,21,530 ONIDA ELECTRONICS LIMITED (Formerly known as MIRC Electronics Limited) Regd. Office: Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (East), Mumbai-400 093. Tel.: +91-22-6697 5777 CIN No.: L32300MH1981PLC023637. Website: www.onida.com Annexure -B 14. Identity of the natural persons who are the ultimate beneficial owners of the shares proposed to be allotted and/or who ultimately control the Proposed Allottee(s), wherever applicable: Sr. No Details of the PAN Category/ Ultimate Pre-issue % to No of Post-issue % to proposed Class Beneficial Share Pre Equity Share post Allottee of proposed Owner of holding Issue Shares holding issue Allottee the proposed Capital proposed capital Allottee to be allotted 1 Shiv Sehgal EPXPS9126H Public NA NIL N.A. 11,36,363 11,36,363 0.27 Individual 2 Avarjit Singh AAGPB0174N Public NA NIL N.A. 17,04,545 17,04,545 0.41 Birghi Individual 3 Sarabpreet Kaur AAIPK8866G Public NA NIL N.A. 17,04,545 17,04,545 0.41 Individual 4 Camouflage AAUFC6353L Public LLP Sehaj Singh NIL N.A. 1,42,045 1,42,045 0.03 Ventures LLP Kukreja and Manmohan Jeet Singh Kukreja 5 Ashok Kumar ABJPK0450E Public NA NIL N.A. 11,36,363 11,36,363 0.27 Individual 6 Resonance AAFCR4798A Public FPI Controllers NIL N.A. 28,40,909 28,40,909 0.68 Opportunities Mr. Kailash Fund Jaulim (Mauritian); Mrs. Rizwana Shaheen Ameer Meea (Mauritian); and Mr. Mihir Dhirajlal Kapadia (British) – Settlor of the Rising Sun Trust. 7 Alpesh F AAPHA4403E Public HUF Alpesh F NIL N.A. 7,10,227 7,10,227 0.17 Agrawal (HUF) Agrawal 8 Saumik Ketan AAZHS5148C Public HUF Saumik Ketan NIL N.A. 14,20,454 14,20,454 0.34 Doshi (HUF) Doshi 9 Nexta AATFN7181Q Public LLP Hardik NIL N.A. 42,61,363 42,61,363 1.02 Enterprises LLP Mahendrabhai Shah 10 Roopali Uppal AABPU2330G Public NA NIL N.A. 22,72,727 22,72,727 0.54 Individual 11 Free India AAACF3879K Public – Manish Mehta NIL N.A. 5,68,181 5,68,181 0.14 Assurance Public limited Services company Limited 12 Abhishek EXKPS7463G Public NA NIL N.A. 5,68,181 5,68,181 0.14 Sharma Individual 13 Aamara Capital AABCV0993P Public Kishor Shah NIL N.A. 2,84,090 2,84,090 0.07 Private Limited *Post Issue shareholding is computed after considering the proposed convertible warrants into equity shares respectively ONIDA ELECTRONICS LIMITED (Formerly known as MIRC Electronics Limited) Regd. Office: Onida House, G-1, M.I.D.C, Mahakali Caves Road, Andheri (East), Mumbai-400 093. Tel.: +91-22-6697 5777 CIN No.: L32300MH1981PLC023637. Website: www.onida.com Annexure -C 15. The percentage of the post-Preferential Issue capital that may be held by the Proposed Allottee(s) and change in control, if any, in the Company consequent to the Preferential Issue: Sr. Name of the *Pre-preferential shareholding *Post-preferential No Proposed shareholding Allotees No. of % of No. of % of Securities shareholding Securities shareholding 1 Shiv Sehgal NIL N.A. 11,36,363 0.27 2 Avarjit Singh Birghi NIL N.A. 17,04,545 0.41 3 Sarabpreet Kaur NIL N.A. 17,04,545 0.41 4 Camouflage Ventures LLP NIL N.A. 1,42,045 0.03 5 Ashok Kumar NIL N.A. 11,36,363 0.27 6 Resonance OpportunitiesFund NIL N.A. 28,40,909 0.68 7 Alpesh F Agrawal (HUF) NIL N.A. 7,10,227 0.17 8 Saumik Ketan Doshi (HUF) NIL N.A. 14,20,454 0.34 9 Nexta Enterprises LLP NIL N.A. 42,61,363 [Showing first 8,000 characters — download PDF for full document]