AEQUS RAISED RS 650 CR FUNDS FROM PREFERENTIAL WARRANT ISSUE @ ₹231.55/SHARE

• Board approved allotment of 28,071,690 warrants convertible into equal number of equity shares at ₹231.55 each, aggregating ~₹650 Cr • Sole allottee is Mellwood Trustee Services (trustee of Melligeri Private Family Foundation), promoter of the company • Upfront subscription of ~₹325.01 Cr received (not less than 50%); balance payable on conversion on or before December 31, 2027 • Promoter holding to rise from 14.99% to 18.40% assuming full conversion; paid-up capital to increase to 69.87 Cr equity shares • Warrants unlisted and locked in per SEBI ICDR Chapter V; NSE and BSE in-principle approvals received dated November 03, 2026

Aequs Limited

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