Date: October 13, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results (Standalone & Consolidated)

Not Specified

Auditor’s Report

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Pledge Release Disclosure

Details of Pledge Release:

  • Promoter Name: Mr. Ritesh Shaw
  • Total Shares Held: 7,415,000 equity shares
  • Percentage of Total Paid-up Capital Held: 33.98%
  • Number of Shares Released from Pledge: 650,000 equity shares
  • Percentage of Total Paid-up Capital Released: 2.80%
  • Date of Release Event: October 9, 2026
  • Type of Encumbrance: Pledge
  • Entity in Whose Favor Encumbrance Was Held: HDFC Bank Limited
  • Reason for Encumbrance: Not Applicable (N.A.)
  • Post-Release Encumbered Shares: 5,465,000 equity shares
  • Post-Release Percentage of Total Paid-up Capital Encumbered: 25.05%

Regulatory Context:

  • Disclosure made to National Stock Exchange of India Limited
  • Reported under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
  • Format prescribed by SEBI circulars

Certification:

Disclosure signed by Mr. Ritesh Shaw at Kolkata on October 13, 2026

Company Representation:

Disclosure submitted by Shakeel Ahmed, Company Secretary & Compliance Officer (Membership No. A46966)