Comrade Appliances Ltd - Board Meeting Outcome for Outcome Of The Meeting Of The Meeting Of Board Of Directors Held On August 24, 2024 In Terms Of Regulation 30 Read With Schedule III Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015

Pursuant to the approval of the Meeting of Board of Directors in their meeting held on August 24, 2024, approval of the members of the Company at their Extra-Ordinary General Meeting held on July 1, 2024 and pursuant to In-principle approval granted by BSE Limited vide ref LOD/PREF/DA/FIP/730/2024-25 dated August 12, 2024, the Board of Directors of the Company, has considered and approved: 1. Allotment of 2,00,000 (Two Lakh only) number of equity shares of face value of Rs. 10/- (Rupees Ten Only) each at an issue price of Rs. 109/- per share to the Allottees. 2. Allotment of 9,50,000 (Nine Lakh and fifty thousand Only) no. of Convertible share warrants of face value of Rs. 10/- (Rupees Ten Only) each at an issue price of Rs. 109/- per warrant to the Allottees.