IZMO Limited — Board/Management Information 2023

May 19, 2023

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May 19, 2023
The ManagerCorporate Relationship DepartmentBSE LimitedFloor 25, Phiroze Jeejeebhoy TowerDalal Street, Mumbai-400001	The Manager – Listing DepartmentNational Stock Exchange of India LimitedExchange Plaza, 5thFloor Plot No. C/1, GBlock, Bandra Kurla Complex, Bandra(E),Mumbai-400051
BSEScrip Code: 532341	NSESymbol: IZMO

Dear Sir/Madam,

Subject: Outcome of Board Meeting held on May 19, 2023 Ref: Our Letter dated May 16, 2023.

This is to inform you that the Board of Directors of Izmo Limited ('the Company') at its meeting held today i.e., May 19, 2023, which was Commenced at 01:00 P.M. and concluded at 1:30 P.M. has inter alia considered and approved:

1. Taken note of the resignation of Mr. Danish Reza, Company Secretary and Compliance officer of the Company with effect from close of business hours on April 14, 2023.

2. Appointment of Ms. Sonal Jaju as Company Secretary and Compliance officer of the Company with effect from May 19, 2023.

3. Allotment of 13,72,620 warrants in dematerialised mode convertible into equity shares of the Company on preferential basis to promoter shareholders at a price of Rs.88/(Rupees Eighty-Eight only) each (including the warrant subscription price and the warrant exercise price) payable in cash (“Warrant Issue Price”).

4. On exercise of Employee Stock Option Plan 2013 (ESOP 2013) by employees of the Company, the Board of Directors approved the allotment of 30,300 of Rs. 10/-each, fully paid-up Equity Shares of the Company to its employees.

The above information shall also be made available on Company’s website www.izmoltd.com

We request you to take the same on record.

Thanking you

Yours faithfully, for IZMO Limited

Digitally signed SANJA by SANJAY SONI Date: Y SONI 2023.05.19 13:33:16 +05'30'

Sanjay Soni Managing Director

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