DHARAN INFRA-EPC LIMITED — Important, 28-04-2025: Disclosure of material issue

KBC Global Limited has announced a board meeting on April 27, 2025, where it approved a significant equity fundraising initiative by its wholly-owned subsidiary, Dharan International Limited (DIL). The initiative involves raising a total of £69.975 million (approximately ₹793.75 crore) through two components: issuing 64.175 million new equity shares at £1 each to institutional investors (totaling £64.175 million) and issuing convertible bonds valued at £5.8 million.

The proceeds will fund DIL's participation in the Buchanan Port Integrated Industrial Development Project in Liberia, a key regional maritime and logistics hub developed in collaboration with the Special Economic Zone Authority of Liberia. This capital infusion supports DIL's global growth strategy, enhancing KBC Global's commitment to long-term shareholder value through international diversification and infrastructure expansion.

The expected outcome includes sustainable revenue streams and improved consolidated financial performance for the company in the medium to long term, demonstrating a proactive stance in tapping into emerging opportunities in West Africa.