Bizotic Commercial Limited has announced the resignation of Ms. Bhavika Jain from her position as Company Secretary and Compliance Officer, effective from the closing of business hours on January 31, 2026. The company disclosed this information to BSE Limited on January 28, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Bhavika Jain submitted her resignation letter on January 28, 2026, expressing her decision to step down from her role to pursue alternate career opportunities outside the organization. The resignation becomes effective from the close of business hours on January 31, 2026.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations, providing comprehensive details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Bizotic Commercial Limited has confirmed that there are no material reasons for the resignation other than those specified in Ms. Jain's resignation letter. The company emphasized that her departure is solely to explore new career opportunities.

Impact on Key Managerial Personnel Status

Following her resignation, Ms. Bhavika Jain will cease to be Key Managerial Personnel under the provisions of Section 203 and other applicable provisions of the Companies Act, 2013. She will also no longer be subject to Regulation 30(5) of the SEBI LODR Regulations for determining the materiality of events or transactions requiring disclosure to the Stock Exchange.

Key Details:

• Membership Number: ACS 76746
• Company CIN: L74999GJ2016PLC094934
• BSE Scrip Code: 543926
• Registered Office: 15 Ashwamegh Warehouses, Ujala Circle, Sarkhej, Ahmedabad, Gujarat, India, 382210

The resignation letter was signed by Managing Director Sanjay Mahavirprasad Gupta (DIN: 07610448) and submitted to BSE Limited for record purposes. The company has requested BSE to take note of this corporate development and maintain it in their records.

Bizotic Commercial Limited announced significant revisions to its preferential issue of convertible warrants following a board meeting held on January 20, 2026. The meeting, which took place at the company's registered office in Ahmedabad, commenced at 4:00 PM and concluded at 5:25 PM.

Key Revisions to Warrant Issue Objects

The board approved substantial changes to the objects of the preferential issue of 16.02 lakh convertible warrants. The company removed two key objects from the original plan due to a reduction in the overall issue size. The objects relating to store setup and furniture costs, along with general corporate purposes, have been eliminated from the revised structure.

Following these revisions, the total proceeds from the warrant issue will be channeled exclusively toward working capital requirements of the company. This strategic shift reflects a more focused approach to capital utilization.

Financial Details and Utilization Timeline

The board outlined specific details regarding the utilization of issue proceeds:

The company expects to receive the issue proceeds within 18 months from the date of warrant allotment, in accordance with Chapter V of the SEBI ICDR Regulations. Management estimates indicate that the funds will be utilized in phases based on business requirements and availability of proceeds.

Regulatory Compliance and Communication

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The decision builds upon discussions from a previous board meeting held on December 19, 2025, demonstrating the company's systematic approach to corporate governance and regulatory compliance.

The revised structure eliminates the complexity of multiple fund utilization objects, creating a streamlined approach focused entirely on strengthening the company's working capital position. This strategic realignment may provide greater operational flexibility while maintaining transparency with stakeholders regarding fund deployment.