We wish to inform that the Board of Directors of the Company, have decided to invest an amount of Rupees 6,50,000 towards acquisition of 65000 Equity Shares of Shish Advanced Composites Private Limited (CIN U25999GJ2024PTC154044) i.e. 65.00% Stake, at an issue price of Rupees 10 per share. This acquisition is expected to unlock significant long-term value by combining Shish Industries' proven manufacturing and export capabilities with the sectoral expertise and innovation of Shish Advanced Composite. The new business vertical aligns with key national initiatives like Make in India and Atmanirbhar Bharat, and offers strong potential in both domestic and international markets. Upon such acquisition Shish Advanced Composites Private Limited (CIN U25999GJ2024PTC154044) shall become subsidiary of Shish Industries Limited. The said decision was taken at the Board meeting held on 17/06/2025 which started at 02:30 pm and ended at 03:10 pm.