Gian Life Care Ltd - Board Meeting Outcome for Submission Of "Outcome Of Meeting Of Board Of Directors" Of Gian Life Care Limited Held On August 23, 2024

Pursuant to Regulation 30, we wish to inform you that the Board of Directors of the Company, at their just concluded meeting, inter alia, has considered and approved the following:- 1. To increase the Authorized Share Capital of the Company from INR 12,00,00,000/- (Rupees Twelve Crores only) consisting of 1,20,00,000 (One Crore Twenty Lakhs) Equity Shares of Rs.10/- (Rupees Ten) each to INR 42,00,00,000/- (Rupees Forty Two Crores only) consisting of 4,20,00,000 (Four Crore Twenty Lakhs) Equity Shares of Rs.10/- (Rupees Ten) each and consequent alteration in Clause V of the Memorandum of Association, subject to the approval of shareholders; 2. To re-appoint Shri Arun Kumar Gupta as Managing Director and Key Managerial Personnel of the Company for a period of 5 years w.e.f. March 15, 2024 subject to approval of shareholders of the Company;