Nature of the Disclosure

Regulatory filing pursuant to SEBI LODR Regulations 30 and 31A(8) regarding outcome of Board meeting held on 13 November 2026 concerning reclassification of promoter/promoter group members to public category.

Key Quantitative Figures

  • Total shares affected: 23,200 shares (0.76% of share capital)
  • Amit Kumar Aggarwal: 17,200 shares (0.57%)
  • Ashok Kumar Agarwal: 5,700 shares (0.19%)
  • Anand Kumar Agarwal: 100 shares (0.00%)
  • Arun Kumar Aggarwal: 100 shares (0.00%)
  • Shalini Aggarwal: 100 shares (0.00%)
  • 11 applicants hold 0 shares (0.00% each)
  • Late Shiv Kumar Agarwal: 100 shares (deceased 2010)

Dates of Action

  • Board meeting date: 13 November 2026
  • Meeting timing: 3:00 PM to 4:30 PM
  • Date of death: Pushpa Agarwal (12 July 2023), Shiv Kumar Agarwal (4 April 2010)

Parties Involved

  • Regulatory authority: BSE Limited
  • Applicants: 16 promoter/promoter group members including A K. Agarwal (HUF), Amit Kumar Aggarwal, Anand Kumar Agarwal, Arun Kumar Aggarwal, Ashok Kumar Agarwal, Brij Bala, Shalini Aggarwal, Sumit Agarwal, Sushila Agarwal, Vikas Kumar Aggarwal, Vinod Kumar Agarwal, Vinod Kumar Agarwal HUF, Naresh Kumar Aggarwal, Maina Rani, Flora Bell Dkhar, Sayeedullan Nongrun
  • Deceased promoters: Late Ms. Pushpa Agarwal (nil shares), Late Mr. Shiv Kumar Agarwal (100 shares)
  • Authorized signatory: Vivek Aggarwal, Whole Time Director (DIN: 07079208)

Purpose and Rationale

Board considered requests from promoter/promoter group members seeking reclassification to public category based on representations regarding shareholding, absence of control and special rights, board representation, and key managerial positions.

Financial and Operational Impact

  • The reclassification would reduce promoter/promoter group holding by 0.76%
  • No immediate financial impact disclosed
  • Requires RTA formalities for shares of deceased promoter Shiv Kumar Agarwal (100 shares)

Conditions and Approvals Required

  • Subject to verification of eligibility under Regulation 31A
  • Requires no-objection from BSE Limited
  • Subject to fulfilment of all prescribed conditions
  • Requires shareholder approval where applicable
  • Subject to satisfaction of applicable exemptions
  • Does not take effect immediately upon board approval

Next Steps

  • Company to apply to BSE Limited with required documents
  • Submission of certified copy of resolution, promoter requests, undertakings, shareholding patterns, and chronology of events
  • Separate handling of deceased promoters' records through RTA coordination