RSWM Limited has issued an updated intimation regarding its board meeting scheduled for May 6, 2026, expanding the agenda beyond the previously announced financial results approval. The company communicated this update on May 1, 2026, to both BSE Limited and National Stock Exchange of India Limited under regulatory compliance requirements.

Updated Board Meeting Agenda

The board meeting, originally scheduled to consider and approve audited financial results for Q4 & FY26 ended March 31, 2026, will now also deliberate on the formulation and implementation of a new employee stock option scheme.

Employee Stock Option Plan 2026

The board will consider the formulation, adoption, and implementation of "RSWM Limited Employee Stock Option Plan 2026" for granting stock options to eligible employees of the company and its subsidiaries. This initiative requires approval from shareholders and other regulatory authorities as per the Securities and Exchange Board of India (Share Based Employee Benefit & Sweat Equity Shares) Regulations, 2021.

Trading Window Restrictions

Pursuant to the company's Code of Conduct for Regulating, Monitoring & Reporting Trading by Insiders, the trading window remains closed from April 1, 2026, and will continue until May 8, 2026. This restriction applies to all trading activities in the company's securities during the specified period.

Earnings Conference Call Schedule

Following the board meeting, RSWM has scheduled its Q4 & FY26 earnings conference call for Thursday, May 7, 2026, at 4:00 PM IST. The call will feature management presentations on financial performance followed by an interactive question-and-answer session.

Conference Call Access Details

Universal Dial-in Numbers:

• 022 6280 1341
• 022 7115 8242

International Access:

• Singapore: 800 101 2045
• UK: 0808 101 1573
• USA: 1866 746 2133
• Hong Kong: 800 964 448

Participants can utilize the DiamondPass registration system for express access to the conference call through advance registration. The Q4 & FY26 press release and investor presentation will be available on www.rswm.in under the Investor Relations section following the results announcement.

The formal communication was signed by Surender Kumar Gupta, Sr. Vice President – Legal & Company Secretary, with all documentation uploaded on the company's official website as part of regulatory disclosure requirements.

RSWM Limited has published newspaper advertisements for its Extra-Ordinary General Meeting (EGM) scheduled for Friday, May 8, 2026 at 2:00 PM through video conferencing to seek shareholder approval for a preferential issue of convertible warrants to its promoter group.

Regulatory Compliance and Publication

In compliance with Regulations 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has published the EGM notice on April 16, 2026 in multiple newspapers. The notice appeared in the English newspaper "Business Standard" (all editions) and Hindi newspapers "Business Remedies" and "Nafa Nuksan" (Jaipur editions). The notice has also been uploaded on the company's website at www.rswm.in .

Meeting Details and Purpose

The EGM will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM) facility, with the proceedings deemed to be held at the company's registered office in Kharigram, P.O. Gulabpura, Rajasthan. The primary agenda involves seeking approval for the preferential issue to promoter/promoter group entities under applicable provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Warrant Issue Specifications

The company proposes to issue and allot up to 24,70,000 convertible warrants at Rs. 146/- per warrant, including a premium of Rs. 136/- each. The warrants will be issued to M/s LNJ Textiles Advisory LLP, a promoter group entity.

Key Terms and Conditions

The convertible warrants carry specific terms designed to comply with regulatory requirements:

• Conversion Period: Warrant holders can exercise the option to convert warrants into equity shares within 18 months from the date of allotment
• Payment Structure: 25% of the warrant price payable on allotment, with the remaining 75% due before conversion
• Allotment Timeline: Warrants to be allotted within 15 days from the date of passing the resolution
• Equity Share Rights: Converted equity shares will rank pari-passu with existing equity shares
• Lock-in Period: Subject to lock-in provisions as specified under SEBI ICDR Regulations

Fund Utilization and Financial Impact

The preferential issue aims to raise up to Rs. 36.06 crores, with funds allocated for specific corporate purposes:

E-Voting and Participation Details

Shareholders can participate in remote e-voting from May 5, 2026 at 9:00 AM to May 7, 2026 at 5:00 PM. The record date for determining voting eligibility is Friday, May 1, 2026. The company has appointed Shri Mahesh Kumar Gupta, Practicing Company Secretary, as the Scrutinizer for the e-voting process.

Pricing Methodology and Compliance

The relevant date for pricing determination is Wednesday, April 8, 2026, being 30 days prior to the EGM date. The issue price of Rs. 146/- per warrant has been determined in accordance with Regulation 164(1) of SEBI ICDR Regulations, 2018, based on the higher of 90 Trading Days Volume Weighted Average Price and 10 Trading Days Volume Weighted Average Price preceding the relevant date.

Shareholding Impact

Post-conversion of warrants, the shareholding pattern will witness changes in promoter group holdings: