Alphalogic Techsys: Board Meeting Outcome for Outcome Of Meeting Of Board Of Directors Of Alphalogic Techsys Limited ('The Company') In AccordanceWith Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements)Regulations 2015.

1. Consider and approve the issue of up to 18 00 000 (Eighteen Lakhs) Convertible Warrants (Warrants) toentity belonging to Non-Promoter category on a preferential basis aggregating up to Rs. 5 40 00 000/- (RupeesFive Crores Forty Lakhs only) at an issue price of Rs. 30/- (Rupees Thirty Only) each determined by the Board ofDirectors in accordance with provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements)Regulations 2018 (SEBI ICDR Regulations) as amended and applicable provisions of the Companies Act 2013read with rules made thereunder to be convertible at the option of Warrant holder(s) in one or more tranches within 18 (Eighteen) months from the date of its allotment into an equivalent number of fully paid-up equityshares of face value of Rs. 05 (Rupees Five Only) each for cash subject to approval of Shareholders of theCompany.