Onida Electronics Ltd: Valuation Report and Revised Shareholding Pattern

Onida Electronics Limited (formerly MIRC Electronics Limited) has voluntarily obtained a valuation report dated May 16, 2026, from Mr. Bhavesh M. Rathod to determine the fair value of equity shares proposed to be allotted upon conversion of convertible equity share warrants. Additionally, the company has revised its post-issue shareholding pattern on a fully diluted basis. This revision corrects an inadvertent omission of the impact of previously granted Employee Stock Options (ESOPs) when calculating the fully diluted shareholding for the Extraordinary General Meeting (EGM) notice. The revised disclosures, reflecting the ESOP impact, are enclosed as Annexures A, B, and C.