Naapbooks Ltd — Important, 10-06-2026: Company Update

Date: June 10, 2026

To

BSE Limited,

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai – 400001

Ref: Scrip Code: 543351 / Scrip ID: NBL

Subject: Outcome of the Board Meeting under Regulation 30 and other applicable regulations of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,

the meeting of board of directors held today has superseded the decision taken in board meeting held on

yesterday i.e. Tuesday, June 09, 2026 about allotment of 3,73,314 no. of equity shares to the warrant holders.

In view of the non-exercise of the conversion option by the persons listed in Annexure-1 in respect of 14,84,515

warrants within 18 months from the date of allotment, i.e. on or before June 09, 2026, the Board of Directors, at

its meeting held today, approved the forfeiture of the initial 25% of the amount received on the said warrants

pursuant to Regulation 169(3) of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements)

Regulations, 2018.We request you to take the above on record and same be treated as compliance under the

applicable regulations under the Securities and Exchange Board of India (Listing Obligations and Disclosure

Requirements) Regulations, 2015.

Moreover, On Pro-rata basis the Board has decided to make an allotment of 2185 equity shares have been made

on conversion of 2185 warrants on pro-rata basis against receipt of receipt of 75% amount i.e. (75% being Rs.

45.75 of issue price Rs. 61 of which 25% i.e. 15.25 upfront amount received at the time of allotment of warrant)

Rs. 1,00,000/- amount from total 1 (one) allottees belongs to Public of which Rs. 99,964 adjusted against 75%

amount.

Therefore, the upfront amount to 25% of the issue price Rs. 2,26,38,890 amount received on the said warrants

i.e. 14,84,8515 pursuant to Regulation 169(3) of Chapter V of the SEBI (Issue of Capital and Disclosure

Requirements) Regulations, 2018 have been forfeited.

Accordingly, in terms of SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018, the remaining

number of warrants i.e. 14,38,700 allotted to Promoter and Promoter Group Category allottee and 45,815

allotted to Public category allottee, are stand to lapsed or cancelled.

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These equity shares allotted on conversion of the warrants shall rank pari- passu, in all respects with the existing

equity shares of the Company, including dividend, if any.

Post the allotment of equity shares, the paid-up equity share capital of the Company has increased from

Rs. 11,84,06,000/- (Rupees Eleven Crore Eighty-Four Lacs Six Thousand only) divided into 1,18,40,600 no. of

equity shares having face value of Rs. 10/- each to Rs. 11,84,27,850/- (Rupees Eleven Crores Eighty Four lacs

Twenty-Seven thousand Eight hundred Fifty only) divided into 1,18,42,785 no. of equity shares having face

value of Rs. 10/- each.

Details pursuant to Regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-

PoD-1/P/CIR/2023/123 dated July 13, 2023, has been annexed herewith under Annexure II.

The Board Meeting commenced at 02:30 P.M and concluded at 03:00 P.M.

Please take the above information on your records.

For, Naapbooks Limited

CS Surbhi Agrawal

Company Secretary & Compliance Officer

ACS No. 56353

Encl.: As above

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Annexure I

The persons listed below did not exercise the conversion option of pending warrants within 18

months period from the date of the allotment i.e. on or before June 09, 2026. The 25% upfront

amount received on the said convertible warrants has been forfeited.

The remaining number of warrants are stand to lapse/ cancelled as below:

Sr.

No.

Name of

Allottees

Category

Number

of

Warrants

applied

for and

allotted

Number

of

Warrants

converted

on pro-

rata basis

against

receipt of

remainin

g 75%

amount

Number

of

warrants

pending

for

conversio

n

Upfront

amount of

pending

warrants

forfeited

(Amount

in Rs.)

1. Yaman

Saluja Promoter 1,50,000 0 1,50,000 2287500

2. Ashish Jain Promoter 3,00,000 0 3,00,000 4575000

3. Jain

Abhishek

Nirmal

Promoter

Group 4,00,000 0 4,00,000 6100000

4. Nirmal

Kumar Jain

Promoter

Group 1,35,800 0 1,35,800 2070950

5. Ruchita

Abhishek

Jain

Promoter

Group 1,38,000 0 1,38,000 2104500

6. Padma Jain Promoter

Group 34,600 0 34,600 527650

7. Anita Saluja Promoter

Group 70,000 0 70,000 1067500

8. Puja Yaman

Saluja

Promoter

Group 72,300 0 72,300 1102575

9. Khusbhoo

Ashish Jain

Promoter

Group 1,38,000 0 1,38,000 2104500

10. Arjal

Ashokkuma

r Patel*

Public

(Non-

Promoter)

48,000 2185 45,815 6,98,715

Total 14,86,700 2185 14,84,515 2,26,38,890

* 2185x45.75 (75% of issue price Rs. 61) = Rs. 99,964

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Annexure II

Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 read with SEBI circular no.

SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

Sr.

No

Particulars Details

1. Type of securities proposed to be issued

(viz. equity shares, convertibles etc.)

Equity Shares upon conversion of Warrants.

2. Type of issuance (further public offering,

rights issue, depository receipts

(ADR/GDR), qualified institutions

placement, preferential allotment

etc.)

Preferential Allotment

(Conversion of Warrants into Equity

Shares).

3. Total number of securities proposed to be

issued or the total amount for which the

securities will be issued

On Pro-rata basis, Allotment of 2185 Equity shares of the

face value of Rs.10/-each as fully paid-up shares at a price

of Rs. 61/- per equity share (including premium of Rs.

51/- share), upon conversion for equal number of

Warrants allotted at an issue price of Rs.61/- each and

adjusted against receipt of upfront amount of 25% i.e.

Rs. 15.25/- per warrant and 75% i.e. 45.75 received

from one allottee belongs to “Public” category) adjusted to

issue price of Rs. 61/- per warrant.

4. Names of the investors As per Annexure I

5. Post allotment of securities - outcome of the

subscription, issue price / allotted price (in

case of convertibles), number of investors

Upon this allotment of 2185 Equity Shares of Face Value

of Rs. 10/- each paid- up capital stands at Rs.

11,84,27,850/- (Rupees Eleven Crores Eighty Four lacs

Twenty-Seven thousand Eight hundred Fifty only) divided into

1,18,42,785 no. of equity shares having face value of Rs. 10/-

each.

Issue Price of Warrant was Rs. 61/- warrant and

26,13,100 warrants were allotted on December 10, 2024

carrying a right to subscribe to 1 equity share per warrant

on receipt of amount at the rate of Rs. 15.25/- per warrant

(being 25% of the issue price per warrant).

Now, 2185 Equity Shares of Rs. 10/- each have been

allotted on pro-rata basis against receipt of on receipt of

upfront amount of 25% i.e. Rs. 15.25/- per warrant and

75% i.e. 45.75 received from one allottee belongs to

“Public” category) adjusted to issue price of Rs. 61/- per

warrant.

The 14,84,515 warrants are lapsed or cancelled due to

expiry of 18 months time period as per SEBI ICDR.

Original Number of Total Investors (December 10,

2024): - 24

Number of Total Allottee in this Board Meeting: - 01

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6. In case of convertibles - intimation on

conversion of securities or on lapse of the

tenure of the instrument

An amount equivalent to 25% of the warrant issue

price has been received at the time of subscription and

75% of the issue price have been received and allotted

2185 equity shares on pro-rata basis.

Consequent to today's conversion of warrants/allotment

of Equity Shares, 14,84,515 no. of warrants are lapsed

or cancelled due to non- receipt of balance payment i.e.

75% of the issue price i.e. Rs. 45.75 per warrant.

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