Shri Gang Industries & Allied Products Ltd — Important, 29-08-2025: Company Update

Shri Gang Industries' Board has approved key leadership and capital moves. M/s Monika Kohli & Associates was appointed as Secretarial Auditor. Mr. Arun Kumar Sharma was re-appointed Whole Time Director for two years, leveraging his 35+ years in the liquor industry. COO Mr. Varun Gupta, instrumental in the liquor unit, was also made Senior Management Personnel. The company will raise ~Rs. 7.43 Cr by issuing 7.50 lakh warrants to Mr. Gupta at Rs. 99 each, and issued him 7.50 lakh sweat equity shares. A promoter group entity will convert ~Rs. 13.00 Cr unsecured loan into 13.13 lakh Compulsorily Convertible Preference Shares. These actions strengthen governance, leadership, and inject capital.