Destiny Logistics & Infra Limited — Important, 24-04-2026: Disclosure of material issue

Destiny Logistics & Infra Ltd. has received trading approval from NSE for the listing of new equity shares. This approval covers 52,41,000 and an additional 7,39,500 fully paid-up equity shares, each with a face value of Rs. 10, arising from the conversion of previously issued warrants.

**Issue:** The company is integrating a substantial number of new shares into its equity base following the conversion of warrants.

**Possible Impact:** This means a total of 59,80,500 new shares will be listed and available for trading (after lock-in periods). For existing shareholders, this results in equity dilution, as the company's earnings will now be distributed across a larger number of shares.

**Company’s Response:** The company has successfully completed the necessary regulatory steps for the listing of these shares. Investors should note that a significant portion of these new shares are subject to lock-in periods, with some restricted until October 31, 2027, and others until October 31, 2026, limiting their immediate market entry.