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Telogica Ltd - Board Meeting Outcome for Outcome Of Board Meeting Held On Monday, March 31, 2025 As Required Under Regulation

Share Source By

Dion Global

31 Mar 2025

1. Accepted the resignation of Mr. Satish Kumar Maddineni (DIN: 03452107) from the Office of Whole Time Director of the Company w.e.f. April 01, 2025, \r\n2. Approved the apportionment of the amounts received from Warrant holders belonging to promoter and Non-promoter category, against the warrants allotted in the Board Meeting held on May 11, 2024. \r\n3. Approved the allotment of equity shares on conversion of 21,79,090 Convertible Warrants into 21,79,090 Equity shares at an issue price of Rs. 8/- each (including a premium of Rs.3/- per share) to persons belonging to promoter and non-promoter category on preferential basis, upon receipt of amount as mentioned in Annexure III from the allottees pursuant to exercise of their rights of conversion into equity shares in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ('SEBI(ICDR), 2018').