Key Quantitative Figures

  • Total equity shares: 1,005,000
  • Shares held by outgoing promoters: 38,000 equity shares (3.78% of paid-up equity share capital)
  • Pre-reclassification promoter holding: 48.83% (490,749 shares)
  • Pre-reclassification public holding: 51.17% (514,251 shares)
  • Post-reclassification promoter holding: 45.05% (452,749 shares)
  • Post-reclassification public holding: 54.95% (552,251 shares)
  • Individual shareholding of outgoing promoters:
  • Rakshita Bhargava: 38,000 shares (3.78%)
  • Ranjana Bhargava: 0 shares (0.00%)
  • Diatech Tools India Private Limited: 0 shares (0.00%)
  • Pradip Kumar Bhargava HUF: 0 shares (0.00%)

Dates of Action

  • Request letters from outgoing promoters: February 04, 2026
  • Board meeting approving reclassification: February 13, 2026
  • Application to BSE: February 17, 2026
  • BSE no-objection letter: August 12, 2026 (Ref. No. LIST/COMP/KR/171/2026-27)
  • Cut-off date for voting eligibility: September 04, 2026
  • E-voting period: September 09, 2026 (09:00 AM IST) to October 08, 2026 (05:00 PM IST)
  • Results declaration: On or before October 10, 2026

Parties Involved

Outgoing Promoters:

  • Rakshita Bhargava
  • Ranjana Bhargava
  • Pradip Kumar Bhargava HUF
  • Diatech Tools India Pvt. Ltd.

Company Officials:

  • Shruti Sharma, Company Secretary & Compliance Officer (M. No.: A75000)
  • Akshay Shivaji Adhalrao, Managing Director

External Service Providers:

  • Scrutinizer: Mr. Rahul Yadav, Proprietor of M/s. Rahul Yadav & Associates (Membership No. 46116, C. P. No. 19071)
  • Registrar & Share Transfer Agent: M/s Alankit Assignments Limited
  • Remote e-voting provider: Central Depository Services (India) Limited

Regulatory Authorities:

  • BSE Limited
  • Securities and Exchange Board of India (SEBI)

Conditions for Reclassification

The outgoing promoters have confirmed compliance with all conditions specified in Regulation 31A(3)(b) of SEBI (LODR) Regulations:

  • Do not hold more than 10% of total voting rights
  • Do not exercise control over company affairs
  • Do not have any special rights through formal/informal arrangements
  • Not represented on Board of Directors
  • Do not act as Key Managerial Personnel
  • Not wilful defaulters per RBI guidelines
  • Not fugitive economic offenders

Voting Process Details

  • Voting exclusively through remote e-voting facility provided by CDSL
  • No physical copies of ballot notice will be sent
  • Members must register email addresses with company/depositories
  • Helpdesk available at helpdesk.evoting@cdslindia.com or toll-free 1800 21 09911
  • Scrutinizer will submit report by October 10, 2026

Financial and Operational Impact

  • Changes shareholding pattern classification only
  • No change in actual ownership or voting rights
  • Maintains compliance with minimum public shareholding requirements (Regulation 38 of SEBI LODR)
  • Company confirms no outstanding dues to SEBI, BSE or depositories

Additional Information

  • Company registered office: 502, Gopala Chambers, 14/123, Parade, Naveen Market, Kanpur Nagar, Uttar Pradesh-208001
  • Company website: www.eiltd.info
  • Documents available for electronic inspection during voting period
  • Advertisement published in one English national daily and one Hindi local newspaper