MEGA CORPORATION LTD. - Board Meeting Outcome for OUTCOME OF MEETING OF BOARD OF DIRECTORS HELD ON 31ST AUGUST, 2024, INTER ALIA.LISTING REGULATION: DISCLOSURE UNDER REGULATION 30 AND ALL OTHER APPLICABLE REGULATIONS, IF ANY, OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LODR), REGULATIONS, 2015,

Approval for raising of funds through issuance and allotment of equity shares having face value of ? 1.00/- (Indian Rupees One Only) ('Equity Shares') for an aggregate amount not exceeding Rs. 10,00,00,000/- (Rupees Ten Crores Only) on Right issue basis, on such terms and conditions as may be decided by the Board of Directors of our Company to the eligible equity shareholders of the Company, as on the record date (to be notified subsequently) subject to the receipt of applicable regulatory, statutory approvals, in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, and the Companies Act, 2013 and the rules made thereunder, as amended from time to time, ('Rights Issue');