Basis of Allotment

THIS IS ONLY A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES AND NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE FOR SECURITIES. NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA.
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AEGEUS TECHNOLOGIES LIMITED
(Previously Known as Aegeus Technologies Private Limited)
Corporate Identity Number: U74999KA2017PLC1024412

Our Company was incorporated as a Private Limited Company with the name of "Aegeus Technologies Private Limited" under the Companies Act, 2013 vide certificate of incorporation dated April 20, 2017, issued by Registrar of Companies, Central Registration Centre, bearing CIN U74999KA2017PTC102441. Further, our Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra-Ordinary General Meeting held on May 27, 2024 and the name of our Company changed from "Aegeus Technologies Private Limited" to "Aegeus Technologies Limited" & Registrar of Companies, Central Processing Centre has issued a new certificate of incorporation consequent upon conversion dated August 08, 2024, bearing CIN U74999KA2017PLC102441.

Registered Office: No. 105, Harapanahalli Village, Jigani Hobli Anekal Taluk, Bangalore, Karnataka, India, 560105
Corporate Office: No. 38, Saanvi Arcade ,3rd Floor, 24th Main, JP Nagar, 7th Phase Bengaluru 560078
Tel: 8810209970; Fax: NA; Website: www.aegeustechnologies.com ; E-mail: surbhi.sharma@aegeus.in
Company Secretary and Compliance Officer: Ms. Surbhi Sharma
OUR PROMOTERS: MR. SURAJ VERNEKAR'D, MRS. ROOPA VERNEKAR AND MR. NISHITH RAMESHCHANDRA SHAH
INITIAL PUBLIC OFFER OF EQUITY SHARES ON SME PLATFORM OF BSE LIMITED IN COMPLIANCE WITH CHAPTER IX OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018

Our Company designs and develops advanced robotic and intelligent automation solutions for the solar energy industry, with a focus on waterless robotic cleaning and O&M optimization. Headquartered in Bengaluru, we operate two integrated manufacturing facilities for the design, assembly, and testing of autonomous systems. Leveraging robotics, AI, ML, and IoT, we offer a comprehensive suite of solutions. Our flagship cleaning robots-Unicorn and Shreem-serve ground-mounted and rooftop plants. With patented technologies across multiple countries, we maintain strong technological leadership and deliver scalable, efficient, and sustainable solutions to major solar developers and O&M provideRs.

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFERING UP TO 22,58,400 EQUITY SHARES OF RS. 10/- EACH ("EQUITY SHARES") OF AEGEUS TECHNOLOGIES LIMITED ("ATL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 105/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 95/- PER EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO RS. 2,371.32 LAKHS ("THE ISSUE"). THE ISSUE INCLUDES A RESERVATION OF UPTO 3,25,200 EQUITY SHARES AGGREGATING TO RS. 341.46 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. NET ISSUE OF UPTO 19,33,200 EQUITY SHARES AGGREGATING TO RS. 2,029.86 LAKHS (THE "NET ISSUE"). THE PUBLIC ISSUE AND NET ISSUE WILL CONSTITUTE 26.97% AND 23.08% RESPECTIVELY OF THE POST- ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY

THE FACE VALUE OF THE EQUITY SHARE IS RS. 10/- AND ISSUE PRICE IS RS. 105/-
THE ISSUE PRICE IS 10.5 TIMES OF THE FACE VALUE OF THE EQUITY SHARE
ANCHOR INVESTOR ISSUE PRICE: RS. 105 PER EQUITY SHARE THE ISSUE PRICE IS 10.5 TIMES OF THE FACE VALUE
BID/ISSUE PROGRAMME ANCHOR INVESTOR BIDDING DATE WAS: MONDAY, AUGUST 03, 2026
BID/ ISSUE OPENED ON: TUESDAY, AUGUST 04, 2026
BID/ ISSUE CLOSED ON: THURSDAY, AUGUST 06, 2026
RISKS TO INVESTORS
Summary Description of Key Risk Factors Based on Materiality

• We depend on a limited number of customers for a significant portion of our revenues. The loss of a major customer or significant reduction in demand from any of our major customers may adversely affect our business, financial condition, results of operations and profitability.

• Unpredictable Soiling Patterns, Seasonal Variations and Extreme Weather Events Could Materially and Adversely Affect Our Business, Financial Condition, Results of Operations and Cash Flows

• Manufacturing or Quality Control Issues in Our Products Could Adversely Affect Our Business and Reputation.

• Limited Market Adoption of Robotic Solar Panel Cleaning Solutions and Uncertainty Regarding Industry Maturity

• Rapid Technological Change and Risk of Obsolescence in Robotic Cleaning Solutions

• There are outstanding legal proceedings involving our Company as well as our promoter/promoter group, Key Managerial personel (KMPs) and Senior Manager Personel . Any adverse outcome on such proceedings may affect our business, financial condition and reputation.

• Dependence on Timely Completion of Land Acquisition and Construction for Capacity Expansion.

• Our Top 10 Suppliers contribute a significant portion of our raw material Any dispute with one or more of them may adversely affect our business operations.

• Under-utilization of our current manufacturing facility and any inability to effectively utilize our manufacturing capacity could have an adverse effect on our business, future prospects and financial performance.

Risks Related to Allocation of Net Proceeds Towards Product Development

DETAILS OF SUITABLE RATIOS:

1. Basic and Diluted Earnings per Share (EPS) as per Accounting Standard 20. On the basis of Restated Consolidated Financials Statement:

Financial Year EPS (Basic & Diluted) Weight
2025-26 6.57 3
2024-25 2.40 2
2023-24 1.68 1
Weighted Average EPS 4.36

2. Price to Earnings (P/E) ratio in relation to Issue Price of Rs. 105 per Equity Share of face value Rs. 10/- each fully paid up.

On the basis of Restated Consolidated Financials Statement:

Particulars P/E Ratio
P/E ratio based on the Basic & Diluted EPS, as restated for FY 2025-2026 15.98
P/E ratio based on the Basic & Diluted EPS, as restated for FY 2024-2025 43.75
P/E ratio based on the Basic & Diluted EPS, as restated for FY 2023-2024 62.50
P/E ratio based on the Weighted Average EPS, as restated 24.08

Industry P/E

Highest NA
Lowest NA
Average NA

3. Return on Net Worth (RONW)

On the basis of Restated Consolidated Financials Statement:

Financial Year Return on Net Worth (%) Weight
2025-26 29.93% 3
2024-25 16.14% 2
2023-24 19.20% 1
Weighted Average RONW 23.55%

4. Net Asset Value per Equity Share

As per Restated Consolidated Financial Statement

Particulars Net Asset Value (NAV) in Rs.
2025-26 25.18
2024-25 18.67
2023-24 4,732.45
NAV after the Issue- At Cap Price 46.71
NAV after the Issue- At Floor Price 45.36
NAV after the Issue- At Issue Price 46.71

Note: Net Asset Value has been calculated as per the following formula:

NAV = Net worth excluding preference share capital and revaluation reserve/Outstanding number of Equity shares outstanding during the year or period.

5. Comparison with industry peers

S. No. Name of the company Face Value (Per share) CMP EPS (Rs) P/E Ratio RONW (%) NAV (Rs. Per share) PAT (Rs. In Lakhs)
1 Aegeus Technologies Limited 10.00 - 6.57 15.98 29.93% 25.18 401.77
Peer Group*
We believe that there are no comparable listed peer of our company and therefore information related to peer is not provided.

Notes:

• The figures for Aegeus Technologies Limited are based on the restated Consolidated results for the financial year ended March 31, 2026.

For further details see section titled Risk Factors beginning on page 22 and the financials of the Company including profitability and return ratios, as set out in the section titled Auditors Report and Financial Information of Our Company beginning on page 256 of this Prospectus for a more informed view.

Key financial and operational performance indicators ("KPIs")

Our company considers that KPIs included below have a bearing for arriving at the basis for Offer Price. The KPIs disclosed below have been approved by a resolution of our Audit Committee dated July 14, 2026. Further, the KPIs herein have been certified by M/s. A G R A and Co., Chartered Accountants, by their certificate dated July 14, 2026, vide UDIN: 26546656ODPIZJ8903, Additionally, the Audit Committee on its meeting dated July 14, 2026, have confirmed that other than verified and audited KPIs set out below, our company has not disclosed to earlier investors at any point of time during the three years period prior to the date of the Prospectus.

For further details of our key performance indicators, see "Risk Factors," "Our Business," "Management's Discussion and Analysis of Financial Condition and Results of Operations" on pages 22, 183 and 259, respectively. We have described and defined them, where applicable, in "Definitions and Abbreviations" section on page no. 2. Our Company confirms that it shall continue to disclose all the KPIs included in this section "Basis for Offer Price", on a periodic basis, at least once in a year (or for any lesser period as determined by the Board of our Company), for a duration that is at least the later of (i) one year after the listing date or period specified by SEBI; or (ii) till the utilization of the Net Proceeds. Any change in these KPIs, during the aforementioned period, will be explained by our Company as required under the SEBI ICDR Regulations.

Key metrics like revenue growth, EBIDTA Margin, PAT Margin and few balance sheet ratio are monitored on a periodic basis for evaluating the overall performance of our Company.

On Restated Consolidated Basis:

(Amount in Lakhs, except EPS, % and ratios)

Particulars Financial Year ended March 31st, 2026 Financial Year ended March 31st, 2025 Financial Year ended March 31st, 2024
Revenue from operations (1) 4,093.69 2,189.01 1,527.39
Growth in Revenue from Operations (2) 87.01% 43.32% 172.18%
EBITDA(3) 647.65 312.74 165.70
EBITDA (%) Margin(4) 15.82% 14.28% 10.84%
EBITDA Growth Period on Period (5) 107.09% 88.74% 345.99%
ROCE (%)(6) 24.75% 18.66% 13.92%
Current Ratio(7) 1.25 1.79 1.31
Operating Cash flow(8) (151.13) 104.84 (70.16)
PAT (9) 401.77 139.18 92.87
ROE/ RoNW(10) 29.93% 16.14% 19.20%
EPS(11) 6.57 2.40 1.68

Notes:

(1) Revenue from operations is the revenue generated by our Company.

(2) Growth in Revenue in percentage, Year on Year

(3) EBITDA is calculated as Profit before tax + Depreciation + Interest Expenses - Other Income

(4) EBITDA Margin' is calculated as EBITDA divided by Revenue from Operations

(5) EBITDA Growth Rate Year on Year in Percentage

(6) ROCE: Return on Capital Employed is calculated as Earning for debt service divided by capital employed, which is defined as shareholders equity plus long-term debt + short term debt.

(7) Current Ratio: Current Asset over Current Liabilities

(8) Operating Cash Flow: Net cash inflow from operating activities.

(9) PAT is mentioned as PAT for the period

(10) ROE/RoNW is calculated PAT divided by shareholders' equity

(11) EPS is mentioned as EPS for the period.

PROPOSED LISTING: AUGUST 11, 2026*

This Issue is being made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 229 of the SEBI ICDR Regulations and in compliance with Regulation 253 of the SEBI ICDR Regulations wherein not more than 50.00% of the Net Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion"), provided that our Company in consultation with the BRLM may allocate up to 60.00% of the QIB Portion to Anchor Investors on a discretionary basis ("Anchor Investor Portion"). 33.33% of the Anchor Investor Portion shall be reserved for domestic Mutual Funds and 6.67% for life insurance companies and pension funds subject to valid Bids being received from them at or above the Anchor Investor Allocation Price in accordance with the SEBI ICDR Regulations. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (other than the Anchor Investor Portion) ("Net QIB Portion"). Further, 5.00% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5.00% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15.00% of the Net Offer shall be available for allocation on a proportionate basis to Non-Institutional Investors and not less than 35.00% of the Net Offer shall be available for allocation to Individual Investors who applies for minimum application size. in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Issue Price. All Bidders, other than Anchor Investors, are required to participate in the Offer by mandatorily utilising the Application Supported by Blocked Amount ("ASBA") process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks ("SCSBs") or under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process. For details, see "Issue Procedure" on page 308. The investors are advised to refer to the Prospectus for the full text of the Disclaimer clause pertaining to BSE. For the purpose of this Issue, the designated Stock Exchange will be the BSE Limited. The trading is proposed to be commenced on or after August 11, 2026*

*Subject to the receipt of listing and trading approval from the BSE ("BSE SME").

SUBSCRIPTION DETAILS

The bidding for Anchor Investors opened and closed on August 03, 2026. The Company received a total of 02 Anchor Investor Application Forms from 02 Anchor Investors for 5,72,400 Equity Shares and the aggregate amount collected from applications made by such Anchor Investors was Rs. 6,01,02,000/-. A total of 5,72,400 Equity Shares were allocated under the Anchor Investor Portion at Rs 105/- per Equity Share (including a share premium of Rs 95/- per Equity Share) aggregating to Rs. 6,01,02,000.

The Issue (excluding Anchor Investors Portion) received 13,266 Applications for 5,09,67,600 Equity Shares (before technical rejections and after removing multiple and duplicate bids) resulting in 30.23 times subscription (including reserved portion of market maker). The details of the Applications received after (bid not bank and invalid and duplicate bid) in the Issue from various categories are as under:

Detail of the Applications Received:

Sr. No. Category Number of Applications No. of Equity Shares applied Equity Shares Reserved as per Prospectus No. of times Subscribed Amount (Rs.)
1 Individual Investors 10,982 2,63,56,800 6,76,800 38.94 2,76,66,91,200.00
2 Non-institutional Investors (More than Rs. 0.2 million and upto Rs. 1 million) 1,204 44,31,600 97,200 45.59 46,52,79,600.00
3 Non-institutional Investors (above Rs. 1 million) 1,063 1,08,62,400 1,94,400 55.88 1,14,05,52,000.00
4 Qualified Institutional Bidders (excluding Anchors Investors) 16 89,91,600 3,92,400 22.91 94,41,18,000.00
5 Reserved for Mutual Funds - - - - -
6 Market Maker 1 3,25,200 3,25,200 1.00 3,41,46,000.00
Total 13,266 5,09,67,600 16,86,000 30.23 5,35,07,86,800.00

Final Demand

A summary of the final demand as per BSE as on the Bid/ Issue Closing Date at different Bid prices is as under:

Bid Price No. of Equity Shares % of Total Cumulative Total Cumulative % of Total
100.00 60,000 0.15% 60,000 0.15%
101.00 2,400 0.01% 62,400 0.15%
102.00 6,000 0.01% 68,400 0.17%
103.00 4,800 0.01% 73,200 0.18%
104.00 21,600 0.05% 94,800 0.23%
105.00 4,10,71,200 99.77% 4,11,66,000 100.00%
Total 4,11,66,000 100.00%

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange, being BSE Limited on August 07, 2026.

1) Allotment to Individual Investors (After Technical Rejections)

The Basis of Allotment to the Individual Investors, who have Bid at cut-off Price or at or above the Issue Price of Rs. 105/- per Equity Share, was finalized in consultation with BSE Limited. The category has been subscribed to the extent of 38.94 times. The total number of Equity Shares Allotted in this category is 6,76,800 Equity Shares to 282 successful allottees. The details of the Basis of Allotment of the said category is as under:

Sr. No. No. of Shares applied for (Category wise) No. of Applications received % to total Total No. of Equity Shares applied in each category % to total Proportionate Shares available Ratio of allottees to applicants Number of successful applicants (after rounding off) Total No. of shares allocate allotted Surplus/ Deficit
(1) (2) (3) (4) (5) (6) (7) (10) (12) (14) (16)
1 2400 7155 100 1,71,72,000 100 676800 94:2385 282 6,76,800 -
Total 7155 100 1,71,72,000 100 6,76,800 282 6,76,800 -

2) Allotment to Non-Institutional Investors- Above Rs. 2 Lakhs and Upto Rs. 10 Lakhs (After Technical Rejections)

The Basis of Allotment to the Non-Institutional Investors, who have Bid at cut-off Price or at or above the Issue Price of Rs. 105/- per Equity Share, was finalized in consultation with BSE Limited. The category has been subscribed to the extent of 36.60 times. The total number of Equity Shares Allotted in this category is 97,200 Equity Shares to 65 successful allottees. The details of the Basis of Allotment of the said category is as under:

Sr. No. No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total Proportionate shares available Ration of allottees to applicants Number of successful applicants (after rounding off) Total No. of shares allocated /allotted Surplus/ Deficit (14)-(7)
(1) (2) (3) (4) (5) (6) (7) (10) (12) (14) (16)
1 3600 916 95.22 32,97,600 92.68 92552 13:458 26 93600 -
2 4800 27 2.81 1,29,600 3.64 2728 1:27 1 3600 -
3 6000 9 0.94 54,000 1.52 910 0:9 0 0 -
4 7200 6 0.62 43,200 1.21 606 0:6 0 0 -
5 8400 4 0.42 33,600 0.94 404 0:4 0 0 -
Grand Total 962 100 35,58,000 100 97,200 65 97,200

3) Allotment to Non-Institutional Investors- Above Rs. 10 Lakhs (After Technical Rejections)

The Basis of Allotment to the Non-Institutional Investors, who have Bid at cut-off Price or at or above the Issue Price of Rs. 105/- per Equity Share, was finalized in consultation with BSE Limited. The category has been subscribed to the extent of 55.68 times. The total number of Equity Shares Allotted in this category is 1,94,400 Equity Shares to 54 successful allottees. The details of the Basis of Allotment of the said category is as under:

Sr. No No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each Non-Institutional Investors 10 lakhs % to total Proportionate shares available Ration of allottees to applicants Number of successful applicants (after rounding) Total No. of shares allocated /allotted Surplus/ Deficit (14)-(7)
(1) (2) (3) (4) (5) (6) (7) (10) (12) (14) (16)
1 9,600 1002 94.62 9619200 88.87 183937 17 334 51 183600 -337
2 10,800 37 3.49 399600 3.69 6792 2 37 2 7200 408
3 12,000 4 0.38 48000 0.44 734 0 4 0 0 -734
4 14,400 2 0.19 28800 0.27 367 0 2 0 0 -367
5 16,800 1 0.09 16800 0.16 184 0 1 0 0 -184
6 18,000 2 0.19 36000 0.33 367 0 2 0 0 -367
7 19,200 1 0.09 19200 0.18 184 0 1 0 0 -184
8 21,600 1 0.09 21600 0.20 184 0 1 0 0 -184
9 24,000 3 0.28 72000 0.67 551 0 3 0 0 -551
10 26,400 1 0.09 26400 0.24 184 0 1 0 0 -184
11 28,800 1 0.09 28800 0.27 184 0 1 0 0 -184
12 37,200 1 0.09 37200 0.34 184 0 1 0 0 -184
13 38,400 1 0.09 38400 0.35 184 0 1 0 0 -184
14 1,44,000 1 0.09 144000 1.33 184 0 1 0 0 -184
15 2,88,000 1 0.09 288000 2.66 184 0 1 0 0 -184
Grand Total 1,059 100 10824000 100.00 194400 54 194400 0

4) Allotment to QIBs excluding Anchor Investors (After Technical Rejections)

Allotment to QIBs, who have bid at the Issue Price of Rs. 105/- per Equity Share or above, has been done category has been subscribed to the extent of 22.91 times of QIB portion. The total number of Equity Shar allotted to 16 successful allottees.

Sr. No No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total Proportionate shares available Ration of allottees to applicants Number of successful applicants (after rounding) Total No. of shares allocated/allotted Surplus/Deficit (14)-(7)
1 82800 1 6.25 82800 0.92 3613 1 1 1 3600 -13
2 103200 1 6.25 103200 1.15 4504 1 1 1 4800 296
3 189600 2 12.50 379200 4.22 16549 1 1 2 16800 251
4 210000 1 6.25 210000 2.34 9165 1 1 1 9600 435
5 237600 1 6.25 237600 2.64 10369 1 1 1 10800 431
6 285600 1 6.25 285600 3.18 12464 1 1 1 12000 -464
7 290400 1 6.25 290400 3.23 12673 1 1 1 12000 -673
8 476400 1 6.25 476400 5.30 20790 1 1 1 20400 -390
9 480000 2 12.50 960000 10.68 41895 1 1 2 40800 -1095
10 480000 0 0.00 0 0.00 0 1 2 0 12000 1200
11 523200 1 6.25 523200 5.82 22833 1 1 1 22800 -33
12 1360800 4 25.00 5443200 60.54 237545 1 1 4 235200 -2345
13 1360800 0 0.00 0 0.00 0 2 4 0 2400 2400
Grand Total 16 100.00 8991600 100.00 392400 16 392400 0

5) Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to Market Maker who have bid at Issue Price of Rs. 105/- per Equity Share or above, was finalized in consultation with BSE Limited. The category was subscribed 1.00 time i.e. for 3,25,200 Equity Shares the total number of shares allotted in this category is 3,25,200 Equity Shares. The category wise details of the Basis of Allotment is as under:

No. of Shares Applied for (Category wise) No. of Applications received % to total Total No. of Equity Shares applied in this Category % of total No. of Equity Shares allocated/ allotted per Applicant Ratio Total Number of shares allotted Surplus/ Deficit
3,25,200 1 100.00 3,25,200 100.00 3,25,200 1 1 3,25,200 0
Total 1 100.00 3,25,200 100.00 3,25,200 3,25,200 0

6) Allotment to Anchor Investors (After Technical Rejections)

The Company in consultation with the BRLM has allocated 5,72,400 Equity Shares to 02 Anchor Investors at the Anchor Investor issue price of Rs. 105/- per Equity Shares in accordance with the SEBI ICDR Regulations. This represents 59.33% of the QIB Category.

CATEGORY FIS/BANKS MF'S IC'S NBFC'S AIF FPI OTHERS TOTAL
ANCHOR - - - 0 2,86,800 2,85,600 - -

The Board of Directors of our Company at its meeting held on August 07, 2026, has taken on record the basis of allotment of Equity Shares approved by the Designated Stock Exchange, being BSE Limited and has allotted the Equity Shares to various successful applicants.

The Allotment Advice Cum Refund Intimation will be dispatched to the address of the investors as registered with the depositories. Further, instructions to the SCSBs have been dispatched/ mailed for unblocking of funds and transfer to the Public Issue Account on or before August 10, 2026, and payment to non-Syndicate brokers have been issued on August 10, 2026. In case the same is not received within ten days, investors may contact the Registrar to the Issue at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within three working days from the date of the closure of the issue.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated August 07, 2026 ("Prospectus").

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Skyline Financial Services Private Limited at www.skylinerta.com.

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

wpe6E.jpg (3495 bytes) Skyline Financial Services Private Limited
D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi - 110020, India
Contact Person: Mr. Anuj Rana
Tel: 011-40450193-197
Fax: N.A
Email: ipo@skylinerta.com
Website: www.skylinerta.com
SEBI Registration No.: INR000003241
On behalf of Board of Directors
For Aegeus Technologies Limited
Sd/-
Place: Bangalore Suraj Vernekar'D
Date: August 10, 2026 Managing Director

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF IC ELECTRICALS COMPANY LIMITED.

Disclaimer: Aegeus Technologies Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed the Prospectus with the Registrar of Companies, Bangalore, on August 07, 2026, and thereafter with SEBI and the Stock Exchange. The Prospectus is available on the website of BSE SME at www.bsesme.com and is available on the websites of the BRLM at http://tcagroup.in. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the Prospectus including the section titled "Risk Factors" beginning on page 22 of the Prospectus.

The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended or any state securities laws in the United States, and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act, 1933 and in accordance with any applicable U.S. State Securities laws. The Equity Shares are being issued and sold outside the United States in 'offshore transactions' in reliance on Regulation "S" under the Securities Act, 1933 and the applicable laws of each jurisdiction where such issues and sales are made. There will be no public offering in the United States.