L.T. ELEVATOR LIMITED
CIN: U31909WB2008PLC128871
(Formerly Known as L.T. Elevator Private Limited)
Corporate & Registered Office:
Capricorn Nest, 3 Gobinda Auddy Road,
P.O.: Alipore Kolkata – 700027, West Bengal India
Phone: 033-2448-0447
Email: [email protected] / Web: www.ltelevator.com

L.T. ELEVATOR®
Date: 21st May 2026

To,
The Corporate Relationship Department
BSE Limited Phiroze Jeejeebhoy Towers,
1st Floor, Dalal Street, Mumbai-400001

Dear Sir/Madam,

Sub: Update on the Outcome of the meeting held on 20th May, 2026.
Ref: Scrip Code: 544518

This is in continuation to the outcome of the Board Meeting submitted earlier in relation to the meeting of the Board of Directors held on 20th May, 2026, wherein the Board had approved raising of funds aggregating up to Rs. 50 Crores through one or more permissible modes.

Further, the Board of Directors of the Company at its meeting held today i.e. 21st May, 2026, has finalized the mode of fund raising by way of Preferential Issue in accordance with the provisions of the Companies Act, 2013 and Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.

Accordingly, the Board has considered and approved the following matters:

Considered and approved to increase in Authorized Equity Share Capital of the Company from Rs. 20,00,00,000/- (Rupees Twenty Crore only) to Rs. 22,00,00,000/- (Rupees Twenty-Two crore only) divided into 2,20,00,000 Equity Shares of Rs. 10/- each and Consequent Alteration in the Capital Clause of the Memorandum of Association, subject to the approval of shareholders of the Company.
Subject to the approval of Shareholders and such other regulatory authority as may be required, Board of Directors of the Company has decided to make Amendment in Articles by inserting the following provision in Clause II- Article I of the Articles of Association of the Company:

Brief Amendments in Articles of Association of the Company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI circular bearing reference no.CIR/CFD/CMD/4/2015 dated 9th September, 2015 is as below:

"Notwithstanding anything contained in these Articles, the Company shall be entitled to issue, offer and allot Convertible warrants or Convertible Securities (including but not limited to fully or partly convertible debentures or any other instruments convertible into equity shares), whether by way of preferential allotment, rights issue, private placement or otherwise, in accordance with the provisions of the Companies Act, 2013, and the rules made thereunder, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions of law as may be applicable from time to time. Such convertible instruments may be issued on such terms and conditions, including but not limited to the tenure of conversion, conversion price or pricing formula, payment terms, entitlement ratio, exercise period, etc., as may be determined by the Board of Directors or any committee thereof, in accordance with the applicable laws."

Raising of funds by way of issuance of below securities, on preferential basis in compliance with the Companies Act, 2013 and Rules made thereunder, as amended and in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended:

Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141
Works – 2 P-2, Gangarampur Road, Jhoutala, P.O. – Raipur, Maheshtala, Kolkata - 700141

L.T. ELEVATOR®

i. Upto 21,27,563 Equity Shares of Face Value of Rs.10/- (Rupees Ten only) each at an Issue price of Rs.188/- (including a premium of Rs.178/-) per equity shares each aggregating upto Rs. 39,99,81,844/- (Rupees Thirty Nine Crores Ninety Nine Lakhs Eighty One Thousand Eight Hundred Forty Four only) payable in cash, on preferential basis to various non-promoter investor category;

ii. Upto 5,31,914 Convertible Warrants having a face value of Rs.10/- (Rupees Ten only) each at a price of Rs.188/- per warrant, aggregating but not exceeding Rs.9,99,99,832/- (Rupees Nine Crores Ninety Nine Lakhs Ninety Nine Thousand Eight Hundred Thirty Two only) (“Convertible Warrants”), payable in cash, on preferential basis to various Non-Promoter investor category, convertible into equivalent number of equity shares of the Company at a conversion price of Rs.188/- per equity share having face value of Rs.10/- each, within a period of 18 months from the date of allotment of convertible warrants;

The aforesaid issuance of Equity Shares, and Convertible Warrants will be subject to the approval of shareholders of the Company and appropriate authorities.

Considered and approved convening an Extra-Ordinary General Meeting (“EOGM”) of the Company on Saturday, 13th June 2026 at 11:00 A.M. (IST) through Video Conferencing (“VC”)/Other Audio-Visual Means (“OAVM”).
Considered and determined Thursday 14th May, 2026 as the relevant date, being the date thirty days prior to the date on which the meeting of shareholders is held to consider the proposed preferential issue pursuant to the provisions of Regulation 161 of ICDR Regulations.
Approved the Notice of the Extra Ordinary General Meeting of the Company.

Further, the detailed disclosure 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 last updated on January 30, 2026 is enclosed as Annexure-A1, A2 & A3.

Kindly take the same in your records.

Thanking you,

FOR, L. T. ELEVATOR LIMITED

Arvind Gupta
Digitally signed by Arvind Gupta
Date: 2026.05.21 21:07:24 +05'30'

Mr. Arvind Gupta
Managing Director
DIN: 00253202
Place: Kolkata

Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141
Works – 2 P-2, Gangarampur Road, Jhoutala, P.O. – Raipur, Maheshtala, Kolkata - 700141

L.T. ELEVATOR LIMITED
CIN: U31909WB2008PLC128871
(Formerly Known as L.T. Elevator Private Limited)
L.T. ELEVATOR®
Corporate & Registered Office:
Capricorn Nest, 3 Gobinda Auddy Road,
P.O.: Alipore Kolkata – 700027, West Bengal India
Phone: 033-2448-0447
Email: [email protected] / Web: www.ltelevator.com

Annexure A1

Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

| Amendments to the Memorandum of Association of the Company | The Authorized Share Capital of the Company is proposed to be increased to Rs. 22,00,00,000/- (Rupees Twenty-Two Crores only) by increasing Authorized Equity Share Capital by Rs. 2,00,00,000/- (Rupees One Crore only), subject to the approval of shareholders of the Company.

The new authorized capital of the Company will be as follows:

Equity Share Capital= 22,00,00,000/- (Rupees Twenty-Two Crores only) divided into 2,20,00,000 equity shares of Rs. 10/- each. |
| --- | --- |

Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141
Works – 2 P-2, Gangarampur Road, Jhoutala, P.O. – Raipur, Maheshtala, Kolkata - 700141

Annexure A2

Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Type of securities proposed to be issued	Equity Shares
Type of issuance	Preferential Issue of Equity Shares in accordance with the SEBI (ICDR) Regulations, 2018 read with the Companies Act, 2013, and rules made thereunder.
Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	Upto 21,27,563 Equity Shares of Rs. 10/- each through preferential basis at a price which shall not be less than the minimum issue price as determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Names of the investors	Annexure IA
The outcome of the subscription, issue price/allotted price (in case of convertibles), number of investors	*Outcome of Subscription mentioned in the table below as Annexure IIA
Issue price: Rs.188/- (Rupees One Hundred Eighty Eight Only) per equity share, which is not less than the price determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Number of Investors: 14 investors from the Non-Promoter Category.
in case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument	NA
any cancellation or termination of proposal for issuance of securities including reasons thereof	NA
Lock In	The equity shares shall be subject to ‘lock-in’ as prescribed under the applicable provisions of the SEBI ICDR Regulations.

Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141
Works – 2 P-2, Gangarampur Road, Jhoutala, P.O. – Raipur, Maheshtala, Kolkata - 700141

L.T. ELEVATOR LIMITED

CIN: U31909WB2008PLC128871

(Formerly Known as L.T. Elevator Private Limited)

Corporate & Registered Office:

Capricorn Nest, 3 Gobinda Auddy Road,

P.O.: Alipore Kolkata – 700027, West Bengal India

Phone: 033-2448-0447

Email: [email protected] / Web: www.ltelevator.com

L.T. ELEVATOR®

Annexure A3

Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Type of securities proposed to be issued	Fully Convertible Warrants, each convertible into, or exchangeable into equivalent number of fully paid up equity share of the Company
Type of issuance	Preferential Issue of Convertible warrants in accordance with the SEBI (ICDR) Regulations, 2018 read with the Companies Act, 2013, and rules made thereunder.
Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	Upto 5,31,914 Convertible Warrants, each convertible into, or exchangeable for, 1 (one) fully paid-up equity share of the Company having face value of Rs. 10/- ( Rupee Ten Only) ("Equity Share(s)") each at a price of Rs.188/- (One Hundred Eighty Eight Only) each payable in cash ("Warrant Issue Price"), aggregating Rs.9,99,99,832/- (Rupees Nine Crores Ninety Nine Lakhs Ninety Nine Thousand Eight Hundred Thirty Two only)
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 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.
Names of the investors	Annexure IA
The outcome of the subscription, issue price/allotted price (in case of convertibles), number of investors	*Outcome of Subscription mentioned in the table below as Annexure IIA
Issue price: Rs.188/- (Rupees One Hundred Eighty-Eight Only) per equity share, which is not less than the price determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Number of Investors: 2 investors from the Non-Promoter Category.
in case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument	The tenure of the warrants shall not exceed 18(eighteen) months from the date of allotment. Each warrant shall carry a right to subscribe 1 (one) Equity Share per warrant, which may be exercised in one or more tranches during the period commencing from the date of allotment of warrants until the expiry of 18 (eighteen) months from the date of allotment of the warrants.
In the event that, a warrant holder does not exercise the warrants within a period of 18 (Eighteen) months from the date of allotment of such warrants, the unexercised warrants shall lapse and the amount paid by the warrant holders on such Warrants shall stand forfeited by the Company.
Lock In	The equity shares shall be subject to ‘lock-in’ as prescribed under the applicable provisions of the SEBI ICDR Regulations.

Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141

Works – 2 P-2, Gangarampur Road, Jhoutala, P.O. – Raipur, Maheshtala, Kolkata - 700141

Annexure IA

List of Proposed Investors to whom Equity shares will be allotted for cash

Sr. No.	Name of Proposed Allottees	Maximum No. of Equity Proposed to be allotted	Category
1	Bandhan Small Cap Fund	10,80,000	Non-Promoter
2	Motilal Oswal Financial Services Limited	2,65,957	Non-Promoter
3	Gracious Advisors LLP	2,65,957	Non-Promoter
4	Ajay kumar Agarwal	1,32,978	Non-Promoter
5	Aditi Chhaparwal	84,800	Non-Promoter
6	Shyam Sunder Jaju	79,787	Non-Promoter
7	Nine Alps Trust-Nine Alps Opportunity Fund	39,893	Non-Promoter
8	Vira AIF Trust- Vira Bharat Opportunities Fund	39,893	Non-Promoter
9	Sandeep Singh	26,596	Non-Promoter
10	Taori Amol Babulalji (HUF)	26,596	Non-Promoter
11	Rainbow Agri Commodities Pvt. Ltd.	26,596	Non-Promoter
12	Amit R. Agarwal	26,596	Non-Promoter
13	Nirvair Lalwani	15,957	Non-Promoter
14	Rohit Ramasubramanian HUF	15,957	Non-Promoter
	Total	21,27,563

List of Proposed Investors to whom Convertible Warrants will be allotted for cash

Sr. No.	Name of Proposed Allottees	Maximum No. of Convertible Warrants proposed to be allotted	Category
1.	Motilal Oswal Financial Services Limited	2,65,957	Non-Promoter
2.	Gracious Advisors LLP	2,65,957	Non-Promoter
	Total	5,31,914

Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141
Works – 2 P-2, Gangarampur Road, Jhoutala, P.O. – Raipur, Maheshtala, Kolkata - 700141

L.T. ELEVATOR®

Annexure-IIA

Sr. No.	Name of Allottees	No. of Warrants to be allotted*	No. of Equity	Category	Pre-Preferential Holding		Post-Preferential Holding*
					No. of Shares/ Warrants	% of holding	No. of Shares (Post exercise of Warrants into Equity Shares)*	% of holding(Post exercise of Warrants into Equity Shares)*
1	Bandhan Small Cap Fund	-	10,80,000	Non-Promoter	-	0.00%	10,80,000	4.95%
2	Motilal Oswal Financial Services Limited	2,65,957	2,65,957	Non-Promoter	-	0.00%	5,31,914	2.44%
3	Gracious Advisors LLP	2,65,957	2,65,957	Non-Promoter	-	0.00%	5,31,914	2.44%
4	Ajay kumar Agarwal	-	1,32,978	Non-Promoter	-	0.00%	1,32,978	0.61%
5	Aditi Chhaparwal	-	84,800	Non-Promoter	-	0.00%	84,800	0.39%
6	Shyam Sunder Jaju	-	79,787	Non-Promoter	-	0.00%	79,787	0.37%
7	Nine Alps Trust-Nine Alps Opportunity Fund	-	39,893	Non-Promoter	-	0.00%	39,893	0.18%
8	Vira AIF Trust- Vira Bharat Opportunities Fund	-	39,893	Non-Promoter	-	0.00%	39,893	0.18%
9	Sandeep Singh	-	26,596	Non-Promoter	-	0.00%	26,596	0.12%
10	Taori Amol Babulalji (HUF)	-	26,596	Non-Promoter	-	0.00%	26,596	0.12%
11	Rainbow Agri Commodities Pvt. Ltd.	-	26,596	Non-Promoter	8,000	0.00%	34,596	0.16%
12	Amit R. Agarwal	-	26,596	Non-Promoter	-	0.00%	26,596	0.12%
13	Nirvair Lalwani	-	15,957	Non-Promoter	-	0.00%	15,957	0.07%
14	Rohit Ramasubramanian HUF	-	15,957	Non-Promoter	-	0.00%	15,957	0.07%

Assuming full conversion of warrants

Works – 1 Vill: Chak Chata, PO.: Raipur Maheshtala, Kolkata – 700141
Works – 2 P-2, Gangarampur Road, Jhoutala, P.O. – Raipur, Maheshtala, Kolkata - 700141

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