Cellecor Gadgets Limited — Important, 24-04-2026: Disclosure of material issue

Cellecor Gadgets (#CELLECOR) has successfully closed its Foreign Currency Convertible Bonds (FCCBs) issue, which aimed to raise up to USD 33MN (approximately INR 300 Cr). These FCCBs carried a 2% coupon rate and were issued at a 12% discount.

**The Issue:** Cellecor initiated an FCCB offering to raise capital.

**Possible Impact:** The offering was fully subscribed, demonstrating strong investor confidence. This successful capital raise provides the company with significant financial resources for its strategic objectives.

**Company’s Action:** The company has successfully executed and closed the FCCB issue, securing the intended funds as previously decided in a board meeting.