Mohit Industries Limited at its meeting held on May 5, 2023, considered and approved formation of Wholly Owned Subsidiary Company in the name and style "Mohit Filaments Private Limited" or such name as may be approved by Central Registration Centre, New Delhi. Name: MOHIT FILAMENTS PRIVATE LIMITED or such other name as may be approved by Central Registration Centre, New Delhi. Proposed Authorized Share Capital: INR 1 million divided into 1,00,000 Equity Shares of INR 10 each.

Proposed Paid up Capital: INR 1 million divided into 1,00,000 Equity Shares of INR 10/- each. Objects and effects of acquisition: Proposed WOS shall be incorporated in India and shall carry out business of comprising of all or any of the activities connected with the converting of manmade or natural fibers or fibrous substances into the wearing apparels or textile products and manufacturing, Weaving, Knitting, Crimping, Texturizing, Twisting, doubling, Spinning, Ginning, Combing, Conning, Sizing, Processing in any manner, Purchasing, Selling, Importing, Exporting, distributing, acting as buying or selling agents or generally dealing in Yarns, fibers and fabrics of all kinds of whatsoever description like synthetic, cotton, wool, silk, art-silk, flax hemp, nylon, polyester, acrylic, Viscose, Polypropylene, teriene, lined, canvas and all other kinds of fibrous material and substances.