Osiajee Texfab Ltd — Important, 26-02-2026: Company Update

Osiajee Texfab has withdrawn its proposed preferential issue of up to 5 Cr warrants convertible into equity shares. The company's board approved this proposal in February 2025, and shareholders also gave their approval in March 2025. The withdrawal is due to unfavorable market conditions and the company not receiving the necessary in-principle approval from the exchange. Osiajee Texfab assures stakeholders that this decision will not materially impact its business operations or financial stability and plans to explore alternative avenues for raising capital.