Ritesh International Ltd — Capital/Financing Update 2025

Oct 1, 2025

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Date: 01-10-2025

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai-400001

Sub: Outcome of Board Meeting held on 01.10.2025

Scrip Code - 519097

Dear Sir,

In continuation to the intimation, the Board of Directors in its meeting held today i.e. 01st day of October 2025, inter alia, considered and approved the following:

• Issuance of equity shares of the Company on preferential basis: To offer, issue and allot up to 8,20,000 (Eight Lakh Twenty Thousand) equity shares of face value of Rs. 10/- each of the Company (“Equity Shares”) for cash at a price of Rs.46.23 (including a premium of Rs. 36.23 per equity share aggregating up to Rs. 379.086 Lakh (Rupees Three Crore Seventy-Nine Lakh Eight Thousand Six Hundred) to Ritesh Arora and Rijul Arora, promoters of the Company (“ Proposed Allottees ”) by way of preferential issue on such other terms and conditions as set out, subject to applicable laws and regulations, including the provisions of Chapter V of the ICDR Regulations and the Act and subject to necessary approval of the shareholders of the Company at the ensuing Extra-Ordinary General Meeting and other regulatory authorities, as may be applicable.

Necessary information in respect of issuance of securities as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 read with Regulation 30 -Para A of Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time are annexed herewith as Annexure A.

• Approval of the draft Notice convening the Extra-Ordinary General Meeting.

• M/s Bhambri & Associates (CP-22626) is appointed as scrutinizer for the process of remote e- voting as well as voting at the Extra-Ordinary General Meeting.

• The Extra-Ordinary General Meeting shall be held on at the registered office of the Company at Momnabad Road, Village Akbarpura, (Ahmedgarh) Sangrur, Punjab -148021 on Thursday, 30th day of October, 2025 at 11:00 A.M.

The meeting commenced at 04.00 PM and concluded at 05.00 PM

Thanking You,

Sincerely Yours

For RITESH INTERNATIONAL LIMITED

RIJUL Digitally signed by RIJUL ARORA ARORA Date: 2025.10.01 18:22:54 +05'30' Rijul Arora (Wholetime Director) (DIN: 07477956)

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Annexure – A

Details required under Regulation 30 of SEBI LODR Regulations read with SEBI circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015

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S. Particulars Details
No.
1. Type of securities proposed to be Equity Shares.
issued (viz. equity shares,
convertibles, etc.
2. Type of issuance (further public Preferential allotment
offering, rights issue, depository
receipts (ADR/GDR), qualified
institutions placement,
preferential allotment etc.)
3. Total number of securities up to 8,20,000 (Eight Lakh Twenty Thousand) equity shares of face
proposed to be issued or the total value of Rs. 10/- each of the Company (“Equity Shares”) for cash at
amount for which the securities a price of Rs.46.23 (including a premium of Rs. 36.23 per equity
will be issued (approximately) share aggregating up to Rs. 379.086 Lakh (Rupees Three Crore
Seventy-Nine Lakh Eight Thousand Six Hundred).
4. Additional Information in case of preferential issue the listed entity shall disclose the following additional
details to the stock exchange(s):
i. Names of the Investors
Sr. No. Name of the investors
1. Ritesh Arora
2. Rijul Arora
ii. Post allotment of securities - The Equity shares are proposed to be allotted to promoters of the
outcome of the subscription Company.
Details of shareholding in the Company, prior to and after the
proposed Preferential Issue, are as under:
Name of Pre-Preferential Post Preferential
Investor
Shares % Shares %
Ritesh Arora 1400965 16.38 1810965 19.32
Rijul Arora 1419516 16.60 1829516 19.52
iii. Issue price Price of Rs.46.23 (including a premium of Rs. 36.23 per equity share
aggregating up to Rs. 379.086 Lakh (Rupees Three Crore Seventy-
Nine Lakh Eight Thousand Six Hundred).
Issue Price is Rs. 46.23 which is more than the minimum price
calculated in accordance with SEBI ICDR Regulations which is Rs.
46.229 per equity share.
iv. Number of investors 2 (Two) Investors
v. In case of convertibles - intimation Not Applicable
on conversion of securities or on
lapse of the tenure of the
instrument
vi. Any cancellation or termination of Not Applicable
proposal for issuance of securities
including reasons thereof
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