N. B. I. Industrial Finance Company Limited — Board Meeting, 30-01-2025: Outcome of Board Meeting

The Board of Directors of N.B.I. Industrial Finance Company has approved the allotment of 4,98,044 fully paid-up equity shares to eligible shareholders of Western India Commercial Company as per the share exchange ratio of 94:3, following the sanctioned Scheme of Amalgamation. These shares will rank alongside existing shares and will be listed on the National Stock Exchange. Additionally, there are provisions for fractional entitlements and unclaimed securities, ensuring the smooth transfer to eligible shareholders.