Dhani Services: Board Meeting Outcome for Outcome Of Board Meeting Held On May 26 2023

Please find attached Audited Financial Results of Dhani Services Limited (the Company) for quarter & FY ended March 31 2023 along with Audit Reports and other requisite information. Further in line with long term business objectives of the Company and to provide synergy of operations and management and to streamline the operations and ownership structure of the Company and /or its identified subsidiaries the Board in its todays meeting has on a preliminary basis deliberated on to restructure/reorganise/consolidate the existing business of the Company and /or of its subsidiaries along with identified entities /operations in a tax and regulatory compliant manner subject to further detailed evaluation. The Board will make final decision in due course regarding restructuring exercise upon receiving the recommendations of Reorganisation Committee and will make further announcements when the appropriate decisions are made. Pl. refer attachment for details.