Hemo Organic Limited has submitted a regulatory disclosure pursuant to Regulation 30 and Regulation 30A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding share transactions by its promoters.

Parties Involved

Sellers (Promoter Group):

  • Mr. Dineshbhai Shanabhai Patel (Promoter)
  • Mrs. Sonalben Dineshbhai Patel (Promoter Group)

Buyers:

  • Mrs. Ketanaben Jasani (individual)
  • Mrs. Heema Makadia (individual)
  • M/s. V9BIZ Business Solution LLP (LLPIN: AAZ-4344)
  • Jasani Family Trust (private trust)

Transaction Details

  • Total Shares: 5,67,958 (Five Lakhs Sixty-Seven Thousand Nine Hundred Fifty-Eight) fully paid-up equity shares
  • Percentage of Paid-up Capital: 16.38%
  • Fully Diluted Percentage: 8.27% (assuming full conversion of all outstanding convertible warrants)
  • Execution Date: 22nd September, 2026
  • Transaction Type: Off-market transfer

Breakdown of Share Acquisition

  • Mrs. Ketanaben Jasani: Acquiring 1,55,986 shares (4.50% of paid-up capital, 2.27% fully diluted) from Mr. Dineshbhai Patel
  • Mrs. Heema Makadia: Acquiring 1,55,986 shares (4.50% of paid-up capital, 2.27% fully diluted) from Mr. Dineshbhai Patel
  • V9BIZ Business Solution LLP: Acquiring 1,55,986 shares (4.50% of paid-up capital, 2.27% fully diluted) from the sellers
  • Jasani Family Trust: Acquiring 60,000 shares (1.73% of paid-up capital, 0.87% fully diluted) from Mr. Dineshbhai Patel and 40,000 shares (1.15% of paid-up capital, 0.58% fully diluted) from Mrs. Sonalben Patel

Significant Terms of Agreement

The SPAs involve the sale and transfer of shares for mutually agreed consideration, subject to customary representations, warranties, covenants and other terms. The agreement specifically does NOT provide any special rights to the buyers including:

  • Right to appoint directors
  • Affirmative voting rights
  • Veto rights
  • Pre-emptive rights
  • First right to subscribe to securities
  • Any right to restrict changes in the capital structure

Regulatory and Relationship Status

  • The transaction does NOT qualify as a related party transaction
  • The buyers are NOT related to the promoter/promoter group/group companies
  • No restrictions or liabilities are imposed upon the listed entity
  • The disclosure references SEBI Master Circular dated 30 January 2026 (Ref: SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026)

Additional Information

The company confirms there are no additional disclosures required regarding board nominees, potential conflict of interest, or any rescission/amendment of the agreements.