Pulsar International Limited has officially approved the complete schedule and documentation for its 5:1 rights issue following a board meeting held on December 23, 2025. The board meeting, conducted at the company's registered office in Ahmedabad, Gujarat, finalized all operational aspects of the capital raising initiative with a confirmed opening date of December 31, 2025.

Board Meeting Outcomes and Approvals

The Board of Directors meeting commenced at 12:00 PM and concluded at 12:40 PM on Tuesday, December 23, 2025, at the registered office located at Vibrant Mega Industrial Park, Ahmedabad. The board approved the Letter of Offer, Abridged Letter of Offer, and other issue materials to be filed with BSE Limited and dispatched to eligible equity shareholders as on the record date of December 22, 2025.

Rights Issue Schedule and Timeline

The board has established a comprehensive timeline for the rights issue process, with the issue opening on December 31, 2025, and closing on January 19, 2026. The last date for on-market renunciation of rights entitlements has been set for January 13, 2026, providing eligible shareholders with sufficient time for decision-making.

ISIN Allocation and Technical Details

Pulsar International has been allocated the International Securities Identification Number (ISIN) INE183U20014 specifically for the Rights Entitlement (RE) credit process. The rights entitlements of eligible equity shareholders will be credited to their respective demat accounts under this ISIN prior to the issue opening date.

Regulatory Compliance and Flexibility

The communication to BSE Limited, made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensures full regulatory compliance. The board has retained the right to extend the issue period as determined from time to time, provided the total duration does not exceed 30 days from the opening date. Additionally, no withdrawal of applications will be permitted after the issue closing date.

Eligible equity shareholders are advised to ensure that renunciation through off-market transfer is completed such that rights entitlements are credited to the demat account of the renouncee(s) on or prior to the issue closing date, facilitating smooth participation in this significant capital raising exercise.

Pulsar International Limited , a company listed on the Bombay Stock Exchange (BSE: 512591), has announced significant changes to its board of directors and committee structures. The company made these appointments and restructuring decisions during a board meeting held on September 11, 2025.

New Board Appointments

The company has appointed two new directors to its board:

1. Kaushik Kiritkumar Modi (DIN: 09462028) has been appointed as an Additional Non-Executive Independent Director. Modi brings over 40 years of experience in investment advisory and insurance services, with expertise in equity markets and financial planning. He is known for his ability to build long-term relationships and combine deep market insights with strong communication and compliance expertise.

2. Rupabhai Maganbhai Patel (DIN: 11291265) has been appointed as an Additional Non-Executive Non-Independent Director. Patel, a Bachelor of Arts graduate, contributes over 30 years of experience in the agriculture sector. His expertise spans various aspects of agri-business operations, including harvesting, trading, and cold storage.

Both appointments are for a five-year term, subject to shareholder approval at the upcoming General Meeting of the company.

Board Committee Restructuring

Following these appointments, Pulsar International Limited has reconstituted its board committees as follows:

Audit Committee

• Chair: Payal Sadhu (Non-Executive Independent Director)
• Members: Kaushik Kiritkumar Modi and Devendrasinh Umat

Nomination & Remuneration Committee

• Chair: Rupabhai Maganbhai Patel
• Members: Kaushik Kiritkumar Modi and Devendrasinh Umat

Stakeholder Relationship Committee

• Chair: Rupabhai Maganbhai Patel
• Members: Kaushik Kiritkumar Modi and Devendrasinh Umat

Additional Information

• Neither of the newly appointed directors holds shares in Pulsar International Limited.
• Both Modi and Patel do not hold directorships in any other listed companies.
• The company has confirmed that neither appointee is debarred from holding the office of director by virtue of any SEBI order or any other such authority.
• The appointments and committee restructuring are effective from September 11, 2025.

These changes in the board composition and committee structures are expected to bring fresh perspectives and diverse expertise to Pulsar International Limited's governance and strategic decision-making processes.