Walchandnagar Industries Ltd — Capital/Financing Update 2025

May 24, 2025

==> picture [507 x 45] intentionally omitted <==

Ref. No. : WIL: SEC: 2025 Date : May 24, 2025

National Stock Exchange of India Ltd. Corporate Action Department Exchange Plaza, 5th floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East) Mumbai 400 051. Fax :26598237/38, 66418126/25/24 SCRIP CODE : WALCHANNAG

BSE Ltd. Corporate Relations Department 1st floor, New Trading Ring, Rotunda Bldg P.J. Tower, Mumbai 400 001. Fax:: 22723121/2039/2037 SCRIP CODE : 507410

Dear Sir(s),

i.e. on May 24, 2025 in terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In furtherance to our letter dated November 16, 2023, March 19, 2024 and January 01, 2025 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”), we hereby inform you that the Allotment Committee of the Board of Directors of Walchandnagar Industries Limited (“the Company”) at its meeting held today i.e. May 24, 2025 have allotted 323,681 equity shares of face value of Rs. 02/- each fully paid up to 1 warrant holder, consequent to the Warrant holder having exercised their right for conversion of Share Warrants into equity shares, as per the details given in Annexure I.

The allotment has been made upon the receipt of the remaining exercise price of Rs. 76/- per Warrant (being an amount equivalent to the 66.67% of the warrant exercise price of Rs. 114 /- per warrant) in cash aggregating to Rs. 2,45,99,756/- crores.

These equity shares allotted on conversion of the warrants, shall rank pari passu in all respects with the existing equity shares of the Company.

Consequent to the said allotment, the paid up Equity Share Capital of the Company stands increased to Rs. 13,55,66552 divided into 6,77,83,276 Equity Shares of face value of Rs. 02/each from Rs. 13,49,19,190 divided into 6,74,59,595 Equity Shares of face value of Rs. 02/- each.

Details pursuant to Regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, has been annexed herewith under Annexure II.

The above information is also being made available on the website of the Company at www.walchand.com

==> picture [451 x 24] intentionally omitted <==

==> picture [507 x 45] intentionally omitted <==

Date and time of occurrence of event (Meeting Date and End Time of Meeting): May 24, 2025, Meeting start time - 02.00 P.M (IST) and Meeting end time – 02.30 P.M. (IST).

Request you to kindly take the same on records.

Thanking you,

Yours faithfully,

For Walchandnagar Industries Limited

GIRIRAJ Digitally signed by GIRIRAJ SHARAN SHARAN AGRAWAL Date: 2025.05.24 AGRAWAL 16:10:30 +05'30'

G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340

==> picture [451 x 24] intentionally omitted <==

Annexure-I

==> picture [507 x 45] intentionally omitted <==

List of Allottees :

List of Allottees:
Names of Allottee(s)	Nos. of Warrants held before conversion	Nos. of Warrants applied for conversion	Warrant exercise price received @ Rs. 76 per Warrant	No. of equity shares allotted, upon conversion/ exercise of option
Brahmi Advisors LLP	3,23,681	3,23,681	2,45,99,756	3,23,681

Annexure II

Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

Sr. No.	Particulars	Details
1.	Type of securities proposed to be issued (viz. equity shares, convertibles etc.)	Equity Shares allotted on conversion of fully paid Warrants.
2.	Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.)	Preferential Allotment (Conversion of Warrants into Equity Shares).
3.	Total number of securities proposed to be issued or the total amount for which the securities will be issued	Total number of securities allotted – 3,23,681 Total amount of securities allotted – Rs. 2,45,99,756/- (3,23,681 number of shares * Rs 76 paid per share)
4.	Names of the investors	Asper Annexure I
5.	Post allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors	Post the conversion of warrants into equity shares, the paid-up equity share capital of the Company has increased to Rs. 13,55,66552 divided into 6,77,83,276 Equity Shares of face value of Rs. 02/- each from Rs. 13,49,19,190 divided into 6,74,59,595 Equity Shares of face value of Rs. 02/- each. Allotment of 3,23,681 Equity Shares of Face Value of Rs. 02/- each fully paid up at a Premium of Rs. 112/- per share on conversion of warrants at one equityshare

==> picture [451 x 24] intentionally omitted <==

==> picture [507 x 45] intentionally omitted <==

		for every warrant at a price of Rs. 114/. The option of conversion exercised by one number of Warrant holder.
6.	In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument	Exercise by conversion of 3,23,681 Warrants into 3,23,681 fully paid up Equity Shares.

For Walchandnagar Industries Limited

GIRIRAJ Digitally signed by GIRIRAJ SHARAN SHARAN AGRAWAL Date: 2025.05.24 AGRAWAL 16:10:51 +05'30' G. S. Agrawal Whole Time Director & Company Secretary DIN: 00404340

==> picture [451 x 24] intentionally omitted <==