Bizotic Commercial Limited will convene a Board of Directors meeting on Wednesday, September 30, 2026, at 2:00 pm. The primary agenda is to determine the issue price for the proposed issuance of convertible warrants through a preferential issue.

The meeting will also fix the day, date, time, and venue for an Extra-Ordinary General Meeting (EGM) and approve the notice for the same. This follows the initial approval of the preferential issue agenda during the Board Meeting held on September 10, 2026.

Key Agenda Items

The Board will discuss and approve the following matters:

1. Issue Price Determination: Finalizing the price for convertible warrants based on the draft valuation report obtained from the registered valuer entity.
2. EGM Scheduling: Fixing the logistics for the Extra-Ordinary General Meeting and approving its notice.
3. Other Business: Any other matters brought up with the Chairman's permission.

Trading Window Closure

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's equity shares by insiders remains closed from September 26, 2026, until 48 hours after the conclusion of the Board Meeting. This measure ensures compliance with internal procedures for preventing insider trading.

Bizotic Commercial has approved the preferential allotment of up to 1,36,08,000 convertible warrants to promoter and non-promoter investors. The Board of Directors finalized the decision during its meeting held on September 10, 2026.

The company had previously intimated the board meeting on September 7, 2026, pursuant to Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4:00 pm and concluded at 5:55 pm at the registered office in Ahmedabad, Gujarat.

Key Terms of the Issue

The warrants are convertible into one equity share each with a face value of ₹10. The issuance is structured as follows:

• Conversion Tenure: Warrants must be converted into equity shares within a maximum tenure of 18 months from the date of allotment.
• Payment Structure: As per SEBI (ICDR) Regulations, 2018, 25% of the total issue price is payable upfront. The remaining 75% is due at the time of allotment of equity shares upon exercise of the conversion option.
• Lapse Condition: If the balance payment is not received within the maximum tenure, the amount paid on the warrants will lapse.

Investor Details

The allotment involves three promoter group entities and nine non-promoter investors. Bizotic Industries Private Limited receives the largest allocation among promoters, while Braso India Private Limited is the largest non-promoter allottee.

Next Steps

The company will schedule an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for the issuance. The notice for the EGM and other relevant documents will be submitted in due course.

Sanjay Mahavirprasad Gupta, Managing Director, signed the disclosure.