Tilaknagar Industries Ltd — Share Issue/Capital Change 2025

Nov 24, 2025

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Date: November 24, 2025

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalai Street, Mumbai 400001 Scrip Code : 507205

To,

National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra-Kurla Complex, Bandra (East), Mumbai-400 051. Symbol : TI

Dear Sir/ Madam,

Subject : Outcome of Resolution passed by the Finance Committee of the Board of Directors of the Company on November 24, 2025

Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulation, 2015, we would like to inform you that the Finance Committee of the Board of Directors of the Company, at its meeting held today i.e. November 24, 2025, has, inter alia , considered and approved the allotment of 9,30,000 equity shares having face value of Rs. 10/- fully paid up to Mr. Amit Dahanukar, Promoter, consequent to exercising his right for conversion of Warrants into equity shares.

In accordance with the provisions of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 (“ICDR Regulations”), and the terms of allotment of the warrants, Mr. Amit Dahanukar exercised his right to convert 9,30,000 warrants into equity shares. The Company made the allotment for cash, upon the receipt of the exercise price of Rs. 286.50/- per Warrant for 9,30,000 warrants (being an amount equivalent to 75% of the warrant exercise price of Rs. 382/- per warrant), aggregating to Rs. 26.64 Crores.

Consequent upon the above allotment of equity shares the paid-up equity share capital of the Company stands increased as follows:

Sr. No.	Particulars	No. of Equity Shares	Amount (in Rs.)
1.	Existing paid-up Equity Share Capital	24,59,08,750	245,90,87,500
2.	Post Allotment paid-up Equity Share capital	24,68,38,750	246,83,87,500

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The equity shares allotted as mentioned above shall rank pari-passu in all respect with existing equity shares of the Company.

The application for listing and trading approval of the Stock Exchanges for the equity shares allotted as mentioned above shall be made in due course.

The Equity Shares so allotted to the respective allottees shall be locked in for such period as specified under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations), 2018.

The disclosures pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 have already been disclosed in our intimation dated July 29, 2025 read with August 13, 2025.

The Meeting of the Finance Committee commenced at 4.45 pm and concluded at 5.50 pm.

Kindly take the same on your record.

Thanking you,

Yours faithfully,

For Tilaknagar Industries Ltd.

MINUZEER Digitally signed by MINUZEER YAZDI BAMBOAT YAZDI BAMBOAT Date: 2025.11.24 17:49:13 +05'30'

Minuzeer Bamboat

Company Secretary & Compliance Officer

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