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Resourceful Automobile Limited held its 1st Extra Ordinary General Meeting (EGM) on Thursday, October 8, 2026, at 12:00 P.M. (IST) via video conference, during which a special resolution was passed regarding the issuance of convertible equity warrants by way of a preferential issue, with voting facilitated through remote e-voting and ballot papers.

Resourceful Automobile Limited issued a corrigendum to the notice of its Extra Ordinary General Meeting, initially dispatched on September 16, 2026, to amend Item No. 1, sub-points 5 and 18, pertaining to the proposed issuance and allotment of up to 300,000 convertible equity warrants at a price of Rs 51 per warrant, including premium, aggregating to Rs 15.3 million to the Promoter Category, and to include a valuation report from Mr. Bhavin R Patel and a certificate from Ms. Mayuri Sinha, both available on the company`s website and the website of the BSE Limited.

Resourceful Automobile Limited issued a corrigendum to a notice dated September 16, 2026, regarding an upcoming Extra Ordinary General Meeting scheduled for October 8, 2026, to amend details related to the proposed issue and allotment of up to 3,00,000 convertible equity warrants at a price of Rs 51 per warrant, including premium, aggregating to Rs 1,53,00,000 to the Promoter Category, and to disclose a valuation report dated September 8, 2026, from Independent Registered Valuer Mr. Bhavin R Patel, and a certificate from Practicing Company Secretary Ms. Mayuri Sinha, both available on the company and BSE Limited websites.

Resourceful Automobile Limited will close its trading window for company shares and securities starting October 1, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, until 48 hours after the announcement of the unaudited financial results for the half-year ended September 30, 2026.

Resourceful Automobile Limited is issuing 300,000 warrants to Managing Director Rahul Sawhney as part of a capital-raising initiative. The allotment, which requires shareholder approval via a special resolution, will increase Sawhney’s shareholding from 12,11,947 shares (45.63%) to 15,11,947 shares (51.15%), resulting in dilution for existing shareholders. The warrants, convertible into one equity share each, have an 18-month conversion period. The company confirms compliance with SEBI’s ICDR Regulations and states that the allotment will not trigger a change in control or designate any party as a wilful defaulter. Newly issued shares will be listed on the Bombay Stock Exchange, and the company maintains the required minimum public shareholding of 25%.