D.P. Abhushan informs about board meeting proceedings

D.P. Abhushan has informed that the Board of Directors of the Company, in their Board Meeting held on today, on Friday, February 07, 2025, at the Corporate Office of the Company which was commenced at 10:25 am and concluded at 11:10 am, have, apart from other businesses, considered, approved and taken on record the unaudited Financial Results of the Company for the quarter ended on December 31, 2024 along with Limited Review Reports. In this regard, we are hereby submitting unaudited Financial Results along with the Limited Review Report thereon of the Company for the quarter ended December 31, 2024 as Annexure I; Considered and approved raising of funds through issuance of equity shares and / or convertible bonds (CBs), and / or non-convertible instruments and / or any other instruments and / or combination of instruments with or without detachable warrants with a right exercisable by the warrant holders to convert or subscribe to the equity shares or otherwise (hereinafter collectively referred to as the ‘Securities’) or any combination of the Securities, in one or more tranches, by way of one or more public and/or private offerings including on a preferential allotment basis and/or a qualified institutions placement for an amount not exceeding ? 6000 million in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the ‘SEBI ICDR Regulations’) and/or any other permissible mode(s), in accordance with the SEBI ICDR Regulations and other applicable regulations, subject to necessary approvals including the approval of the members of the Company and such other regulatory/ statutory approvals as may be required; Information pursuant to Regulation 30 of SEBI Listing Regulations with respect to SEBI circular SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023) is enclosed herewith as an Annexure II;  The Notice of Postal Ballot to seek approval of the shareholders for the aforesaid issuance of Securities and ancillary actions, pursuant to Section 110 and other applicable provisions of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014 and fixed the cut-off date, Friday, February 07, 2025 for the purpose of dispatching of Postal Ballot Notice and reckoning of E-Voting Rights.

The above information is a part of company’s filings submitted to BSE.