Western Ministil Ltd — Important, 26-11-2025: Company Update

Western Ministil's Independent Directors have approved a preferential allotment of 0.35 Cr Equity Shares and 0.45 Cr Convertible Warrants, priced at Rs. 10 each. These are for new investors currently not promoters, who will become promoters, leading to a change in company control after an Open Offer. The committee concluded the issue price and allotment are fair and reasonable, including a control premium. This significant move reshapes company ownership and leadership.