BOSTON COMMERCE LIMITED : BOARD APPROVES SCHEME OF CAPITAL REDUCTION

• Board approved a scheme of arrangement for reduction of share capital of the company to set off accumulated business losses. • The scheme involves cancellation and extinguishment of 66,52,090 equity shares of ₹10 each, reducing issued capital from ₹7 Cr to ₹3.5 Cr. • This will reduce accumulated losses by ₹6.65 Cr, improving the company's net worth and financial depiction. • Approvals sought from shareholders at an EGM and statutory/regulatory authorities. • No prior approval from stock exchanges required as per Regulation 37 of SEBI (LODR) Regulations, 2015. • Extraordinary General Meeting to be convened on August 5, 2026, via VC/OAVM.

Boston Commerce Ltd

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