Date: September 29, 2026

Ownership & Market Activity Disclosure

Substantial Acquisition Details

  • Ginnerup Capital ApS acquired 3,99,990 (Three Lakhs Ninety Nine Thousand Nine Hundred Ninety) Fully Convertible Warrants convertible into equal number of equity shares of Shivalik Rasayan Limited
  • Acquisition date: September 14, 2026
  • Mode of acquisition: Preferential Allotment by the Target Company
  • The acquirer does NOT belong to Promoter/Promoter group of the company

Pre-Acquisition Holding (as of September 13, 2026)

  • Shares carrying voting rights: 5,06,550 shares (3.22% of total share capital)
  • Shares in nature of encumbrance: NIL
  • Voting rights otherwise than by shares: NIL
  • Warrants/convertible securities: NIL
  • Total holding: 5,06,550 instruments (3.22% of total share capital)

Acquisition Details

  • Shares carrying voting rights acquired: NIL
  • Voting rights otherwise than by shares: NIL
  • Warrants/convertible securities acquired: 3,99,990 instruments (2.36% of total diluted share capital)
  • Shares in nature of encumbrance: NIL
  • Total acquisition: 3,99,990 instruments (2.36% of total diluted share capital)

Post-Acquisition Holding (as of September 14, 2026)

  • Shares carrying voting rights: 5,06,550 shares (3.16% of total share capital, 2.98% of diluted share capital)
  • Voting rights otherwise than by shares: NIL
  • Warrants/convertible securities: 3,99,990 instruments (2.36% of diluted share capital)
  • Shares in nature of encumbrance: NIL
  • Total holding: 9,06,540 instruments (3.16% of total share capital, 5.34% of diluted share capital)

Capital Structure Impact

  • Equity share capital before acquisition: ₹7,87,51,825 divided into 1,57,50,365 Equity Shares of ₹5 each
  • Equity share capital after acquisition: ₹8,01,61,825 divided into 1,60,32,365 Equity Shares of ₹5 each
  • Total diluted share/voting capital after acquisition: ₹8,49,01,775 divided into 1,69,80,355 Equity Shares of ₹5 each

Additional Information

  • Salient features of securities acquired: Not Available (NA)
  • PAN of acquirer: AAGCK9408D (disclosed in Part-B, not for dissemination)
  • Stock exchanges where shares are listed: BSE Limited and National Stock Exchange of India Limited