We would like to inform the the Company has approved Issuance of upto 26,66,667 Equity Shares to Mr. JrMichael Joseph Commiskey, Non- Promoter of the company on preferential basis and Acquisition of 1,65,93,000 Shares, comprising of 95.00 % stake in M/s. Magnatech Co. Ltd, on a share swap basis through preferential allotment at the Annual General Meeting held on 30th September, 2026.