Gconnect Logitech and Supply Chain Ltd

Clarification on price movement

• Company states no pending information or announcement affecting price or operations.
• All price-sensitive information has been disclosed as required under SEBI LODR.
• Share price movement is market-driven, outside management control or knowledge.
• Company will promptly inform exchanges about any material events per regulations.

Dematerialisation/Rematerialisation status

• Details of dematerialised/rematerialised securities were furnished to all stock exchanges.

Authorized Capital Increase

• Authorized share capital increased from ₹4 crore to ₹11 crore
• Amendment to Memorandum of Association subject to shareholder approval

Preferential Issue of Equity Shares

• Issuance of up to 64,83,000 equity shares of ₹10 face value each
• Issue price fixed at ₹18.31 per share including ₹8.31 premium
• Aggregate amount to be raised ₹11.87 crore
• Shares issued to 17 investors from promoter and non-promoter categories
• Issue subject to shareholder and regulatory approvals
• Equity shares fully paid-up and issued for cash

Investor Categories and Allocation

• Promoters to receive 3,50,000 shares
• Non-promoters to receive 61,33,000 shares
• Allottees include individuals and one private limited company

Shareholding Impact

• Pre-issue promoter holding 40.27%, post-issue 36.76% approx
• Total shareholding post-issue increases to 78.22 lakh shares
• Significant dilution for existing shareholders

Governance and Approvals

• Board approved issuance and EGM notice for April 22, 2026
• Shareholder approval required for capital increase and preferential issue

Capital Increase

• Authorised share capital increased from ₹4 crore to ₹11 crore, subject to shareholder approval
• Memorandum of Association Clause V amended accordingly

Preferential Share Issue

• Approved issuance of up to 64,83,000 equity shares at ₹18.31 per share
• Total issue amount approximately ₹11.87 crore
• Shares issued to 17 investors from promoter and non-promoter categories
• Issue subject to statutory, regulatory, and shareholder approvals

EGM Notice Approval

• Approved notice for EGM on April 22, 2026 to seek shareholder approval for capital increase and preferential issue

Post-Issue Shareholding

• Promoter Jigar Vinodbhai Sheth's holding to increase from 26.72% to 24.45%
• Total shareholding of allottees to increase from 40.27% to 78.22% post-issue

Meeting Details

• Board meeting scheduled for March 23, 2026

Key Agenda Items

• Consider approval of preferential issuance of equity shares to raise capital
• Approve ancillary actions including shareholder notice for preferential issue