Ritesh International Ltd — Important, 21-01-2026: Company Update

Ritesh International Limited has clarified the use of proceeds from its proposed preferential issue. The company previously stated these funds would reduce credit facilities and support general working capital. It is now explicitly clarified that the *entire* proceeds will be dedicated to reducing the company's existing working capital limits. This revised allocation provides a more focused approach for the company to manage its short-term operational funding needs using the fresh capital.