Key Event
Board of Directors considered and took on record the successful completion of Open Offer made by Mrs. Maneesha Singh, Jagsakti Merchandise Private Limited and Ros Advisory Private Limited (formerly known as Ros Insurance Advisors Private Limited) (collectively referred to as "Acquirers").
Regulatory Framework
The Open Offer was made in accordance with the provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Completion Status
The Board noted that the Open Offer process has been completed in compliance with all applicable regulatory requirements. Pursuant to the offer, the Acquirers have acquired substantial shareholding and control in the Company.
Change in Control
Effective July 10, 2026, the Acquirers have assumed control over the Company and have been classified as the Promoter/Promoter Group of the Company.
Previous Promoter Status
The existing promoter Genesis Trade-Links Private Limited shall cease to exercise control over the Company and be re-classified from July 10, 2026, subject to necessary regulatory filings and compliances.
Meeting Details
The Board meeting commenced at 11:00 A.M. and concluded at 11:30 A.M. on July 10, 2026.
Filing Details
Disclosure made to BSE Limited and The Calcutta Stock Exchange Limited in compliance with Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015.