Joy Realty Limited - Board Meeting Outcome for OUTCOME OF THE BOARDMEETING HELD ON 06TH MAY 2024

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 we hereby inform you that the Board of Directors of Avishkar Infra Realty Limited (Formerly known as Joy Realty Limited) at their meeting held on Monday, 6th May, 2024 has inter alia considered and approved the following 1. Consider that Company received In-principle approval from Bombay Stock Exchange (BSE) and Metropolitan Stock Exchange of India Limited (MSEI) for the issue of 2,00,00,000 Equity shares of Rs.10/- each at a price not less than Rs. 10/- to promoters and non-promoters on a preferential basis.: Attached as Annexure 1 2. Consider, and Allotment of 2,00,00,000 Equity shares issued on Preferential Basis, we hereby attach the List of allottees as Annexure 2