Raising of Funds through issue of convertible warrants on preferential basis subject to necessary approvals.

August 28, 2026 The Manager, Department of Corporate Services, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Mumbai-400 001 Script Code No. 526935 Reference: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Subject: Outcome of Board Meeting held on August 28, 2026 Dear Sir/Madam, Pursuant to applicable regulations of the Listing Regulations including Regulation 30, read with Para A of Part A of Schedule III thereof, and in continuation to our earlier intimation dated August 20, 2026, we wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. Friday, August 28, 2026, have inter-alia considered and approved the following: 1. Issue of upto 27,48,00,000 (Twenty-Seven Crore Forty-Eight Lakh Only) warrants, fully convertible or exchangeable for, one fully paid-up equity share of the Company (‘Warrants’) at an issue price of Rs. 11.50/- (Eleven Rupees and Fifty Paise Only) per Warrant, aggregating to an amount not exceeding Rs. 316,02,00,000 (Rupees Three Hundred Sixteen Crore Two Lakh Only) with the right to Warrant holder(s) to apply for and be allotted 1 (One) fully paid Equity Share of the face value of Rs. 2/- each of the Company at a price of Rs. 11.50/- per Equity Share (including premium of Rs. 9.50/- per Equity Share) for each Warrant, with the amount paid against each Warrant be adjusted against the issue price for the resultant Equity Share, within a period of 18 (Eighteen) months from the date of allotment of the Warrants, to entities forming part of Public Category (i.e. Non-promoter / Non-Promoter Group) of the Company, on preferential basis, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (‘SEBI ICDR Regulations’), Companies Act, 2013, as amended and other applicable laws and regulations and subject to the approval of members and such other approval as may be required including approval from regulatory / statutory / government authorities; The Relevant Date in terms of SEBI ICDR Regulations is Friday, 28th August, 2026. Details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 with respect to the aforesaid Preferential Issue is enclosed as Annexure 1. 2. The Board has approved the re-appointment of M/s. P H H A D & CO LLP (formerly D G K T & CO LLP) Chartered Accountants bearing ICAI Firm Registration No. is 151804W/W100761, as Statutory Auditors of the Company for a term of 5 (five) consecutive financial years i.e. from financial year 2026-27 to financial year 2030-31, subject to approval by the Members at the forthcoming Annual General Meeting of the Company. The requisite details of such appointment pursuant to the requirement of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are given as Annexure 2. 3. Convening an Annual General Meeting of the Company on Tuesday, 29th September, 2026 through video conferencing or other audio-visual means, to seek necessary approval of the members. 4. Discussed all matters, apart from Business proposed for the approval of the shareholders of the company, contained in the Notice of Annual General Meeting in detail and approved draft of Notice of Annual General Meeting and authorised Executive Directors or Company Secretary to send Notice to all the Shareholders of the Company under the provisions of the Companies Act, 2013 read with rules made thereunder. The meeting of the Board of Directors commenced at 1:30 pm and concluded at 2:40 p.m. This disclosure will also be hosted on the Company's website viz. www.kalindlimited.com. You are requested to kindly take the above information on records. Thanking you, Yours Faithfully, For Kalind Limited Ayush Jasani Vice Chairman and Managing Director DIN: 09842741 Encl: a/a Annexure 1 Details in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dated 09.09.2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13.07.2023 S.N. Particulars Disclosures 1. Type of securities Warrants proposed to be issued Each Warrant shall be fully convertible into, or exchangeable for, one fully paid-up equity share of the Company. 2. Type of issuance Preferential issue on a private placement basis, in accordance with the applicable provisions of the Companies Act, 2013, the Companies (Prospectus and Allotment of Securities) Rules, 2014, and Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (‘SEBI ICDR Regulations’), as amended from time to time. 3. Total number of5 . Issue of upto 27,48,00,000 (Twenty-Seven Crore Forty-Eight Lakh Only) securities proposed warrants, fully convertible or exchangeable for, one fully paid-up equity share of the Company (‘Warrants’) at an issue price of Rs. 11.50/- (Eleven Rupees to be issued or the and Fifty Paise Only) per Warrant, aggregating to an amount not exceeding total amount for Rs. 316,02,00,000 (Rupees Three Hundred Sixteen Crore Two Lakh Only) with which the securities the right to Warrant holder(s) to apply for and be allotted 1 (One) fully paid will be issued Equity Share of the face value of Rs. 2/- each of the Company at a price of Rs. (approximately) 11.50/- per Equity Share (including premium of Rs. 9.50/- per Equity Share) for each Warrant, (‘Warrant Issue Price’). The amount paid against Warrants shall be adjusted against the issue price for the resultant Equity Shares. 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 the Warrant holder(s) on the exercise of Warrant(s); The price of the warrants and the number of Equity Shares to be allotted on conversion warrants shall be subject to appropriate adjustments as permitted under applicable laws. In case of preferential issue, the listed entity shall disclose the following additional details to the stock exchange(s): 4. Name and Number of Category Maximum no. of Investors of the Warrants (Convertible to Proposed Equity Shares) Allottee proposed to be allotted No. Name of the Proposed Allottees V9BIZ BUSINESS SOLUTIONS Non- 13,74,00,000 1. LLP Promoter AREEN ENERGY SOLUTIONS Non- 13,74,00,000 LLP Promoter 27,48,00,000 TOTAL Number of Investors: 2 (Two) 5. Post allotment of The details of securities prior to and after the proposed preferential allotment, are securities - as under: outcome of the Post Allotment of Securities-Outcome of the Subscription: subscription S.N. Category of Pre- % Post- % Shareholders Preferential Preferential Issue Issue# 1. Promoter & 12,39,77,362 13.56 12,39,77,362 10.43 Promoter Group 2. Public 79,01,97,638 86.44 1,06,49,97,638 89.57 TOTAL 91,41,75,000 100.00 1,18,89,75,000 100.00 #The post-issue shareholding pattern in the above table has been prepared on the basis that the proposed allottee(s) will subscribe to all the Warrants proposed to be issued to them and that the pre-issue shareholding pattern continues to remain the same. The shareholding pattern has been calculated on a fully diluted basis, assuming conversion of all the Warrants into Equity Shares. In the event that, for any reason, the proposed allottee(s) do not or are unable to subscribe to and/or are not allotted the Warrants, the shareholding pattern would undergo corresponding changes. 6. Issue price Rs. 11.50/- per Warrant. For determining the Issue Price, Pricing Report and Valuation Report obtained from a Registered Valuer in accordance with Regulations 164(1) and 166A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (‘SEBI ICDR Regulations’), have been considered, pursuant to Regulation [Showing first 8,000 characters — download PDF for full document]