7Seas Entertainment Ltd - Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

With reference to the subject cited, this is to inform the Exchanges that meeting of the Board of Directors of M/s. 7Seas Entertainment Limited held on Friday, the 5th day of April, 2024, at 03.30 p.m. at the Registered Office of the Company, the following were duly considered and approved by the Board. Allotment of 36,62,116 equity shares of face value of Rs.10/- each to fully paid-up pursuant to the exercise of 36,62,116 convertible warrants on receipt of Rs 17.025 per warrant - being 75% of the balance warrant issue price, aggregating to Rs.6,23,47,526/- (Issue price is Rs.22.70/- per convertible Warrant). (List of allottees enclosed an Annexure-I)