Key Transaction Details

The Company received information on 1st June, 2026 regarding proposed inter-se transfer of equity shares among promoter group members:

  • Total Shares to be Transferred: 2,00,38,000 equity shares of Re. 1/- each
  • Percentage of Share Capital: 18.86%
  • Proposed Transaction Date: On or after 6th June, 2026
  • Transaction Type: Off-market transfer by way of gift (no consideration involved)

Breakdown of Transfers

Transfer 1: ARB Business Trust Acquisition

  • Transferor: Mr. Ashok Ramnarayan Boob
  • Transferee: ARB Business Trust
  • Shares: 33,00,000 equity shares
  • Percentage: 3.11% of share capital
  • ARB Trust Holding Change: From 100 shares (0.00%) to 33,00,100 shares (3.11%)
  • Ashok Boob Holding Change: From 36,71,510 shares (3.45%) to 3,71,510 shares (0.35%)

Transfer 2: AAB Business Trust Acquisition

  • Transferor: Mrs. Asha Ashok Boob
  • Transferee: AAB Business Trust
  • Shares: 1,01,00,000 equity shares
  • Percentage: 9.50% of share capital
  • AAB Trust Holding Change: From 100 shares (0.00%) to 1,01,00,100 shares (9.50%)
  • Asha Boob Holding Change: From 1,01,98,392 shares (9.60%) to 98,392 shares (0.09%)

Transfer 3: Combined Transfer from Nilima Krishnakumar Boob

  • Transferor: Mrs. Nilima Krishnakumar Boob
  • Transferee 1: Smt. Alaknanda Boob Business Trust - 58,00,000 shares (5.46%)
  • Transferee 2: Mrs. Asha Ashok Boob - 8,38,000 shares (0.79%)
  • Total Shares: 66,38,000 equity shares
  • Total Percentage: 6.25% of share capital
  • Alaknanda Trust Holding Change: From 100 shares (0.00%) to 58,00,100 shares (5.46%)
  • Asha Boob Additional Holding: Will receive 8,38,000 shares (final holding 9,36,392 shares representing 0.88%)
  • Nilima Boob Holding Change: From 67,29,986 shares (6.33%) to 91,986 shares (0.09%)

Impact Statement

  • Aggregate Promoter Holding: Remains unchanged before and after the transaction
  • Financial Impact: No monetary consideration involved
  • Capital Structure: No change to total outstanding shares
  • Rationale: To streamline the family's assets and businesses

Signatories and Authentication

  • Company Signatory: Ruchita Vij, Company Secretary and Compliance Officer (Membership No. FCS 9210)
  • Trust Signatories: Asha Ashok Boob (ARB Trust), Ashok Ramnarayan Boob (AAB Trust), Krishnakumar Ramnarayan Boob and Asha Ashok Boob (Alaknanda Trust)
  • Document Authentication: Digitally signed by Ruchita Vij on 2026.06.01 at 14:33:24 +05'30'

Additional Notes

  • The disclosures include declarations of compliance with Chapter V of SEBI (SAST) Regulations
  • All transactions are between qualifying persons within the promoter group
  • The company's registered office: Office No. 603 & 604, 6th Floor, Tower No. 15, Cybercity, Magarpatta City, Hadapsar, Pune - 411013