In reference to approval given by the Shareholders in its Extra Ordinary General Meeting held on Tuesday, September 09, 2025, regarding the issuance of upto 19,25,000 equity shares and upto 11,50,000 warrants on Preferential Basis, Davin Sons Retail has informed the following: The Company plans to raise a total of ₹768.75 lakhs, comprising ₹481.25 lakhs through the issue of 19,25,000 Equity Shares at ₹25 each (face value of ₹10 per share) and ₹287.50 lakhs through the issue of 11,50,000 Warrants at ₹25 each. The total estimated project cost amounts to ₹ 849.60 lakhs, comprising ₹207.00 lakhs towards capital expenditure for store fit-outs and security deposits, and ₹ 642.60 lakhs towards working capital required primarily for inventory stocking. Out of this, ₹768.75 lakhs will be funded from the preferential issue proceeds and the remaining ₹ 80.85 lakhs will be met through internal accruals of the Company. Further confirmed that the Company shall submit the statement of deviation or variation with respect to above mentioned preferential allotment in accordance with Regulation 32 of the SEBI LODR Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.