ANAND RAYONS LTD.: ADMINISTRATIVE EVENT RELATED TO UNEXERCISED WARRANTS

• 88,62,000 equity share warrants allotted on Feb 19, 2025, at ₹78 per warrant. • 19,38,334 warrants lapsed due to non-exercise of option to subscribe to equity shares. • Upfront consideration of 25% paid on lapsed warrants forfeited by the company. • No change in issued, subscribed, and paid-up equity share capital. Impact: Neutral (Administrative event related to unexercised warrants)

Anand Rayons Ltd