Comrade Appliances Ltd — Important, 24-02-2026: Company Update

The company has forfeited 500,000 Fully Convertible Warrants because the respective holders failed to pay the balance subscription amount. The initial payment of ₹2.50 per warrant, totaling ₹0.125 Cr, has been retained by the company. This action prevents potential future equity dilution from these specific warrants and adds the forfeited amount to the company's funds, directly impacting its financial position.