Emmbi Industries Limited — Important, 18-11-2024: Updates

**Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations:**

Kitec Industries (India) Private Limited has converted 7,83,333 share warrants into equity shares of Emmbi Industries Limited, increasing its total equity shareholding to 16,85,000 shares, representing approximately 8.76% of the company's diluted voting capital. Prior to this conversion, Kitec Industries held 1,35,000 shares, or about 0.76%. The effective date of the conversion is noted to be on 13th November 2024.

The overall impact of this conversion suggests a strengthening position for Kitec Industries within Emmbi, providing them with greater voting power and a more significant stake in the company. Investors should monitor this development closely, as increased shareholding can influence future strategic decisions and company governance.