Shanti Overseas Divests 100% Stake in Shaan Agro

Date: September 30, 2026

Shanti Overseas (India) Limited has completed the disinvestment of its entire 100% equity stake in Shaan Agro Oils & Extractions Private Limited, which was a material subsidiary of the company.
The company divested 45,60,000 equity shares representing 100% of the equity share capital of Shaan Agro Oils & Extractions Private Limited.
The sale consideration received was Rs. 45,600 on September 30, 2026.
The transaction was approved by the Board of Directors on September 24, 2026 and by shareholders on September 30, 2026.
With effect from September 30, 2026, Shaan Agro Oils & Extractions Private Limited has ceased to be a material subsidiary of Shanti Overseas (India) Limited.
The transfer of shares was effected in accordance with applicable provisions and all extant regulations and requirements relating to the transfer have been duly complied with.