We wish to inform you that the Board of Directors of Madhusudan Securities Limited at their Meeting held today i.e.. 29th October, 2024 has considered and approved the allotment of 5,00,000 Equity Shares of Face Value Rs. 10/- each at a premium of Rs. 8/- each to Non Promoter pursuant to conversion of Convertible Warrants which were issued and allotted on Preferential basis on 11th April, 2024