Tikani Exports Rights Issue Allotment Disclosure

Tikani Exports Ltd, a Promoter Group entity of Bhandari Hosiery Exports Ltd, received allotment of 6,48,32,425 equity shares under the Rights Issue on March 23, 2026.
Post-allotment, the Promoter/Promoter Group holding in Bhandari Hosiery Exports Ltd increased to 41.83% (13,92,84,056 shares) from 31.02% (7,44,51,631 shares).
The acquisition is exempt from open offer obligation under Regulation 10(4) of SEBI Takeover Regulations, 2011, as the Rights Issue was undersubscribed.
Equity share capital of Bhandari Hosiery Exports Ltd increased from Rs. 24,00,49,652 to Rs. 33,29,56,433 post the Rights Issue allotment.