SVC Industries Limited has submitted a point-wise reply to BSE Limited regarding discrepancies identified in a promoter share encumbrance disclosure filed on 28/09/2026 under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

The company addressed four specific discrepancies raised by BSE in their email dated 16/10/2026:

1. Reporting Date: Confirmed that the reporting date (25/09/2026) was provided in Annexure 1 of the original disclosure.

2. Reason for Encumbrance: Confirmed that the reason for encumbrance was provided in Annexure 1.

3. Format Compliance: Asserted that the disclosure format was reviewed and prepared in accordance with SEBI Circular CIR/CFD/POLICYCELL/3/2015 dated 05/08/2015.

4. Consolidated Reporting: Confirmed that post-event holding of encumbered shares for Akhil Marketing Pvt. Ltd. was disclosed on a consolidated basis by aggregating pledged shares and shares under Non-Disposal Undertaking (NDU).

Encumbrance Details

The original disclosure dated 25/09/2026 from promoter/promoter group entities reported the following encumbrances created on 24/09/2026 with Sicpa India Private Limited:

Total Encumbered Shares: 7,57,26,868 equity shares (46.43% of total share capital)

Breakdown by Promoter Entity:

  • Akhill Marketing Pvt Ltd:
  • 3,99,58,361 shares pledged (24.50% of capital)
  • 66,10,183 shares under Non-Disposal Undertaking (4.05% of capital)
  • Total: 4,65,68,544 shares (28.55% of capital)
  • Suresh Vithal Das Chaturvedi:
  • 41,20,000 shares under Non-Disposal Undertaking (2.52% of capital)
  • Suresh Chaturvedi Sons HUF:
  • 10,00,000 shares under Non-Disposal Undertaking (0.61% of capital)
  • Alka Suresh Chaturvedi:
  • 78,62,721 shares under Non-Disposal Undertaking (4.82% of capital)
  • Advait Suresh Chaturvedi:
  • 75,79,800 shares under Non-Disposal Undertaking (4.65% of capital)
  • Ambuj Suresh Chaturvedi:
  • 85,95,800 shares under Non-Disposal Undertaking (5.27% of capital)

Financial Terms and Purpose

The encumbrance secures an Inter-Corporate Deposit facility of ₹15,00,00,000 obtained from Sicpa India Private Limited.

Key Financial Details:

  • Value of shares on date of event: ₹18,47,73,551
  • Amount involved (loan amount): ₹15,00,00,000
  • Ratio of share value to loan amount: 1.23:1

Purpose: The borrowed amount is for working capital requirements of Overseas Infrastructure Alliance (India) Private Limited (the borrower).

Repayment Schedule: The Inter-Corporate Deposit shall be repaid over a period of 6 months from the date of creation.

Company Background

Total promoter shareholding in SVC Industries Limited: 7,78,14,865 equity shares (47.71% of total capital).

Sicpa India Private Limited is identified as a private limited company engaged in the business of manufacturing paper including printing and writing paper.