Nature of the Disclosure

Regulatory filing pursuant to Regulation 11 of SEBI (Buy-Back of Securities) Regulations, 2018, notifying completion of share extinguishment following a buyback offer.

Key Quantitative Figures

  • Total equity shares extinguished: 16,22,822 fully paid-up equity shares of face value ₹10 each
  • Pre-extinguishment paid-up capital: 2,25,47,550 shares (₹22,54,75,500)
  • Post-extinguishment paid-up capital: 2,09,24,728 shares (₹20,92,47,280)
  • Capital reduction: 16,22,822 shares (₹1,62,28,220)
  • No physical shares tendered: All 16,22,822 shares were in dematerialized form

Dates of Action

  • Public Announcement date: August 06, 2026 (published August 07, 2026)
  • Letter of Offer date: August 19, 2026
  • Offer Opening Advertisement: August 20, 2026 (published August 21, 2026)
  • Tendering period: August 21, 2026 to August 28, 2026
  • Record Date: August 18, 2026
  • Extinguishment date: September 10, 2026
  • Buyback Committee approval: September 11, 2026
  • Filing date: September 11, 2026

Parties Involved

  • Depository: Central Depository Services (India) Limited (CDSL)
  • Registrar to Buyback: MUFG Intime India Private Limited
  • Secretarial Auditor: CS Payal Vyas, Company Secretary
  • Buyback Committee: Approved extinguishment on September 11, 2026

Shareholding Pattern Change

Pre-Buyback (as of Record Date August 18, 2026):

  • Promoters and persons acting in concert: 1,12,55,692 shares (49.92%)
  • Foreign Investors (OCBs/FIIs/NRIs/Non-domestic companies): 38,81,871 shares (17.22%)
  • Indian Financial Institutions/Banks/Mutual Funds/Govt. Companies: 3,13,146 shares (1.39%)
  • Public including other Bodies Corporate: 70,97,341 shares (31.48%)
  • Total: 2,25,47,550 shares (100%)

Post-Buyback (after extinguishment):

  • Promoters and persons acting in concert: 1,12,55,692 shares (53.79%)
  • Foreign Investors: 38,81,871 shares (18.55%)
  • Indian Financial Institutions: 3,13,146 shares (1.50%)
  • Public including other Bodies Corporate: 96,69,036 shares (46.21%)
  • Total: 2,09,24,728 shares (100%)

Capital Structure Impact

  • Reduction in outstanding shares: 16,22,822 shares (7.2% reduction)
  • Increase in promoter holding percentage: From 49.92% to 53.79%
  • Decrease in public holding percentage: From 50.48% to 46.21%

Confirmation Documents

  • Annexure A: CDSL confirmation letter dated September 11, 2026 (CA Seq. No. 780952.001) confirming debit of ISIN INE886A01014
  • Annexure B: Certificate of extinguishment signed by company management, registrar, and secretarial auditor
  • Annexure C: Detailed shareholding pattern pre and post buyback

Execution Details

  • All shares extinguished through Systematix Shares and Stocks Ltd (DP ID: 12034600)
  • Client ID: 00002157
  • Single transaction processed through CDSL