Key Transaction Details

Acquirer/Seller: Madhav Jayesh Valia (Promoter)

Target Company: East India Drums and Barrels Manufacturing Limited

Transaction Type: Sale of equity shares

Transaction Date: August 26, 2026

Mode of Transaction: Open market sale (OFS) executed on BSE Limited

Shareholding Details

Pre-transaction holding:

  • Shares carrying voting rights: 52,66,967 equity shares
  • Percentage of total share/voting capital: 35.65%
  • No shares encumbered (pledge/lien/non-disposal undertaking/others)
  • No voting rights otherwise than by shares
  • No warrants/convertible securities
  • Total holding: 52,66,967 shares (35.65%)

Transaction details:

  • Shares sold: 4,35,695 equity shares
  • Percentage of total share/voting capital: 2.95%
  • Traded value: ₹4,14,23,228 (excluding taxes, charges, and other levies)
  • Transaction type: Sale

Post-transaction holding:

  • Shares carrying voting rights: 48,31,272 equity shares
  • Percentage of total share/voting capital: 32.70%
  • No shares encumbered
  • No voting rights otherwise than by shares
  • Total holding: 48,31,272 shares (32.70%)

Company Capital Structure

Equity share capital:

  • Before transaction: 1,47,74,221 equity shares
  • After transaction: 1,47,74,221 equity shares (no change)
  • Total diluted share/voting capital: 1,47,74,221 equity shares

Additional Information

Regulatory References:

  • SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - Regulation 29(2)
  • SEBI (Prohibition of Insider Trading) Regulations, 2015 - Regulation 7(2) read with Regulation 6(2)

Documentation:

  • Filed by Mayuri Mehul Choudhary, Company Secretary Cum Compliance Officer (Membership No. A55667)
  • Digitally signed by Madhav Jayesh Valia on August 28, 2026
  • Address of seller: 1701-B Wing, 17th floor, Pushp Vinod -1 CHS Pushpa Park, S V Road, Borivali West, Mumbai 400 092

Other Entities Mentioned:

  • VAS Infrastructure Ltd (ISIN: INE192C01013) referenced in insider trading form
  • No derivatives trading reported (all fields marked N.A.)

Financial Impact

The transaction resulted in a reduction of promoter holding by 2.95% with a disclosed traded value of ₹4.14 crore (excluding taxes and charges). The company's total share capital remains unchanged at 1,47,74,221 equity shares.