Delta Corp has published newspaper advertisements on March 17, 2026, in Financial Express (English) and Loksatta (Marathi) regarding its Extraordinary General Meeting scheduled for April 9, 2026, at 3:00 PM IST. The company's board of directors, during their meeting held on March 10, 2026, had approved the convening of this EGM to seek shareholder approval for significant related party transactions involving its subsidiary companies.

Regulatory Compliance and Publication Details

The newspaper publication was made in compliance with Regulation 30 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Dilip Vaidya, Company Secretary & Vice President - Secretarial (FCS NO.7750), and digitally signed on March 17, 2026, at 12:15:40 +05'30'.

Meeting Schedule and Format

The EGM will be conducted entirely through digital means via Video Conferencing and Other Audio Visual Means, allowing shareholders to participate remotely. The company has set specific timelines for the e-voting process and shareholder participation.

Key Agenda Items for Shareholder Approval

The EGM will address two critical corporate matters involving Delta Pleasure Cruise Company Private Limited (DPCCPL), a wholly owned subsidiary, and Waterways Shipyard Private Limited (WSPL), an associate company.

Ship Building Contract Modification

The first resolution seeks approval for modifying an existing ship building contract between DPCCPL and WSPL. The original contract, entered into in June 2021, requires enhancement due to cost escalations and additional requirements.

Corporate Guarantee Authorization

The second agenda item involves authorization for DPCCPL to provide a corporate guarantee for WSPL's proposed loan facility.

Shareholder Participation Guidelines

Members wishing to express views or ask questions during the EGM must register as speakers by sending requests along with questions from their registered email IDs, mentioning their name, DP ID and Client ID/Folio No., PAN, and Mobile No. to secretarial@deltin.com on or before Monday, March 23, 2026. The company reserves the right to restrict the number of speakers depending on time availability for the EGM.

Delta Corp has filed an application with the National Company Law Tribunal (NCLT) seeking approval for a major corporate restructuring that would split its business operations into two separate companies.

Proposed Business Separation Structure

The restructuring plan involves dividing Delta Corp's current operations into two distinct entities:

This separation would allow each business segment to operate independently, potentially enabling more focused management strategies and clearer operational frameworks for each vertical.

NCLT Approval Process

The company has formally submitted its application to the NCLT, which is the statutory body responsible for approving corporate restructuring and business reorganization matters in India. The tribunal will review the proposed split to ensure it complies with regulatory requirements and serves the interests of all stakeholders.

Strategic Implications

The proposed business separation represents a significant strategic move for Delta Corp, as it would create two specialized entities:

• Gaming-focused entity: Would concentrate exclusively on gaming operations and related activities
• Hospitality and real estate entity: Would handle hotel operations, real estate development, and related hospitality services

This restructuring approach could potentially allow each entity to pursue more targeted growth strategies and operational efficiencies within their respective domains.

Next Steps

The approval process will now proceed through the NCLT's standard review procedures. The tribunal will evaluate the restructuring proposal, consider stakeholder interests, and determine whether to grant the necessary approvals for the business split to proceed.