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(23/10/2026 18:46)

Aar Shyam India Inv. - Board Meeting Outcome for Outcome Of The Board Meeting Of Avudari Engineering Limited (Formerly Known

This is in continuation to our Board meeting outcome dated August 21, 2026, wherein the Company had made disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 informing the execution of Share Swap Agreement (SSA) and other necessary documents between the Company, SVR Electro Projects Private Limited (Selling Company) and the shareholders of Selling Company, wherein the Company had agreed to acquire 100% of the share capital of the Selling Company by consideration other than cash (i.e., swap of shares) and Pursuant to the SSA, in relation to the swap the Board of Director has made the allotment of 1,45,41,000 Equity Shares of Rupees 10/ at an issue price of Rs. 15/- per share on preferential basis for consideration other than cash (i.e., swap of shares) to the shareholders of SVR Electro Projects Private Limited ('SVR') and 49,33,333 at an issue price of Rs. 15/- (Rupees Fifteen Only) per share on preferential basis for cash,