IZMO Limited — Capital/Financing Update 2024

Feb 13, 2024

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February 13, 2024

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----- Start of picture text ----- The Manager The Manager – Listing DepartmentCorporate Relationship Department National Stock Exchange of IndiaBSE Limited LimitedFloor 25, Phiroze Jeejeebhoy Tower Exchange Plaza, 5 [th] FloorDalal Street, Mumbai-400001 Plot No. C/1, G Block,Bandra Kurla Complex,Bandra(E), Mumbai-400051BSE Scrip Code: 532341 NSE Symbol: IZMO----- End of picture text -----

Dear Sir/Madam,

Subject: Disclosure under Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for allotment of Equity Shares upon conversion of Warrants on Preferential Basis under the provisions of SEBI (ICDR) Regulations, 2018.

In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations, 2015'), we wish to inform you that the Board of Directors at its meeting held on February 13, 2024, has considered and approved allotment of 3,78,786 Equity Shares of face value of Rs. 10/- (Rupees Ten) each, in lieu of exercise of the conversion of 3,78,786 Warrants by warrant holder on payment of Rs. 88 (Rupees Eighty-Eight only) each as follows:

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----- Start of picture text ----- Sl. Name of Category No. of Type of Amount Face Value WarrantNo. Allottees Security paid per of Equity ExerciseWarrantsAllotted warrant for Sharesto be conversion Allotted Amount paidconvertedof each Pursuant tointo (Rs.)*warrant ConversionEquity(Rs.) (Rs.)1 Mrs. Promoter 1,89,393 Equity Rs. 66 Rs. 10 1,24,99,938ShashiSoni2 Mrs. Promoter 1,89,393 Equity Rs.66 Rs.10 1,24,99,938KiranSoniTotal 3,78,786 2,49,99,876----- End of picture text -----

SONA Digitally signed by SONAL JAJU Date: L JAJU 2024.02.13 15:22:03 +05'30'

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* An amount of 25% of the Warrants Issue Price i.e. Rs. 22 was paid as upfront payment and the balance 75% of the Warrants Issue Price equivalent to Rs.66 has been paid now i.e. at the time of exercise of option to convert warrants into equity shares totaling to Rs.88/- per share.

Pursuant to the above allotment the issued, subscribed and paid-up capital of the company has been increased from Rs. 13,44,40,730/- to Rs. 13,82,28,590/-.

The equity shares so allotted shall rank pari passu with the existing equity shares of the Company.

The Equity Shares allotted on conversion of Warrants are subject to such lock-in as prescribed under the SEBI ICDR Regulations.

Details required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.’s SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 and CIR/CFD/CMD/4/ 2015 dated September 9, 2015, is provided in ‘Annexure I’.

Kindly take the same on record and disseminate the information to the public.

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

Thanking You

Yours faithfully,

for IZMO Limited

SONA Digitally signed by SONAL JAJU Date: 2024.02.13 L JAJU 15:22:22 +05'30'

Sonal Jaju

Company Secretary and Compliance Officer

Encl: As above

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ANNEXURE I

The Details required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.’s SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 and CIR/CFD/ CMD/4/2015 dated September 9, 2015 are as under:

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----- Start of picture text ----- Sl. Particulars DetailsNo.1. Type of Equity Shares Pursuant to conversion of warrantsSecuritiesissued2. Type of Preferential Allotmentissuance3. Total number Allotment of 3,78,786 (Three Lakhs Seventy-Eight Thousand Sevenof securities Hundred and Eighty-Six) Equity Shares of face value of Rs. 10/- eachissued or the upon conversion 3,78,786 (Three Lakhs Seventy-Eight Thousandtotal amount Seven Hundred and Eighty-Six) Warrants at an issue price of Rs. 88/-for which the each Rupees Eighty-Eight Only) upon receipt of balance amountsecurities “Warrant Exercise Amount” aggregating to Rs. 2,49,99,876/- (Rupeesissued Two Crore Forty-Nine Lakhs Ninety-Nine Thousand Eight Hundred(approximately) and Seventy-Six Only).Additional Information in case of preferential issue:4. Name of the 1. Shashi Soni -PromoterInvestor 2. Kiran Soni – Promoter----- End of picture text -----

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5.	Post allotmentof securities –Outcome of thesubscription,Issue price /allottedprice(incaseofconvertibles),Numberofinvestorsi.Outcome of the subscription:Details of the shareholding of the allottee in the Company, prior to andafterthe proposed preferential issue,is as under:Particulars(Name ofTheInvestors)Pre-PreferentialAllotmentNo. ofEquitySharesallottedPost PreferentialAllotmentNo.ofEquityShares%No.ofEquityShares%ShashiSoni15,59,41111.601,89,39317,48,80412.65Kiran Soni17,22,55212.811,89,39319,11,94513.83ii. Issue Price: Rs. 88 per shareiii. Number of Investors: (2) Two	Post allotmentof securities –Outcome of thesubscription,Issue price /allottedprice(incaseofconvertibles),Numberofinvestorsi.Outcome of the subscription:Details of the shareholding of the allottee in the Company, prior to andafterthe proposed preferential issue,is as under:Particulars(Name ofTheInvestors)Pre-PreferentialAllotmentNo. ofEquitySharesallottedPost PreferentialAllotmentNo.ofEquityShares%No.ofEquityShares%ShashiSoni15,59,41111.601,89,39317,48,80412.65Kiran Soni17,22,55212.811,89,39319,11,94513.83ii. Issue Price: Rs. 88 per shareiii. Number of Investors: (2) Two	i.Outcome of the subscription:Details of the shareholding of the allottee in the Company, prior to andafterthe proposed preferential issue,is as under:	i.Outcome of the subscription:Details of the shareholding of the allottee in the Company, prior to andafterthe proposed preferential issue,is as under:	i.Outcome of the subscription:Details of the shareholding of the allottee in the Company, prior to andafterthe proposed preferential issue,is as under:	i.Outcome of the subscription:Details of the shareholding of the allottee in the Company, prior to andafterthe proposed preferential issue,is as under:	i.Outcome of the subscription:Details of the shareholding of the allottee in the Company, prior to andafterthe proposed preferential issue,is as under:	i.Outcome of the subscription:Details of the shareholding of the allottee in the Company, prior to andafterthe proposed preferential issue,is as under:
			Particulars(Name ofTheInvestors)	Pre-PreferentialAllotment		No. ofEquitySharesallotted	Post PreferentialAllotment
				No.ofEquityShares	%		No.ofEquityShares	%
			ShashiSoni	15,59,411	11.60	1,89,393	17,48,804	12.65
			Kiran Soni	17,22,552	12.81	1,89,393	19,11,945	13.83
6.	Incaseofconvertiblesintimationonconversionofsecuritiesoron lapse of thetenure of theinstrument;	Equity shares are being allotted upon conversion of Warrants.

for IZMO Limited

SONA Digitally signed by SONAL JAJU Date: 2024.02.13 L JAJU 15:23:14 +05'30' Sonal Jaju Company secretary and Compliance Officer

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