Basilic Fly Studio Limited — Important, 15-07-2025: Disclosure of material issue

Basilic Fly Studio (BASILIC) is actively progressing with its Qualified Institutions Placement (QIP) plans. The company has appointed GYR Capital Advisors as the merchant bankers and Vidhigya Associates as legal advisors for the QIP. To facilitate this, BASILIC is increasing its Authorized Share Capital, a crucial step to enable the issuance of new shares. This move signals the company's intent to raise funds from institutional investors, which typically leads to equity dilution but provides essential capital for future growth initiatives.