Key Transaction Details

Date of Disclosure: September 11, 2026

Date of Acquisition/Allotment: September 10, 2026

Mode of Acquisition: Conversion of Convertible Warrants which were allotted to Promoters and Promoter Group through Preferential Allotment

Total Shares Acquired: 19,00,000 Equity Shares

Parties Involved

Acquirers (All part of Promoter Group):

  • Krishan Goyal HUF
  • Mr. Aditya Goyal
  • Chandigarh Finance Private Limited

Stock Exchange: BSE Limited

Disclosure Submitted by: Mr. Krishan Kumar Goyal, Chairman & Managing Director

Shareholding Changes

Pre-Acquisition Holding (Before September 10, 2026):

  • Krishan Goyal HUF: 18,80,000 shares (6.26% of total capital, 5.89% of diluted capital)
  • Mr. Aditya Goyal: 8,83,872 shares (2.94% of total capital, 2.77% of diluted capital)
  • Chandigarh Finance Private Limited: 24,71,892 shares (8.23% of total capital, 7.74% of diluted capital)
  • Total Promoter Group Holding: 52,35,764 shares (17.44% of total capital, 16.40% of diluted capital)

Acquisition Details:

  • Krishan Goyal HUF: Acquired 4,00,000 shares (1.25% of capital)
  • Mr. Aditya Goyal: Acquired 12,00,000 shares (3.76% of capital)
  • Chandigarh Finance Private Limited: Acquired 3,00,000 shares (0.94% of capital)
  • Total Acquisition: 19,00,000 shares (5.95% of capital)

Post-Acquisition Holding (After September 10, 2026):

  • Krishan Goyal HUF: 22,80,000 shares (7.14% of capital)
  • Mr. Aditya Goyal: 20,83,872 shares (6.53% of capital)
  • Chandigarh Finance Private Limited: 27,71,892 shares (8.68% of capital)
  • Total Promoter Group Holding: 71,35,764 shares (22.36% of capital)

Capital Structure Impact

Equity Share Capital Before Acquisition: ₹30,01,98,610

Equity Share Capital After Acquisition: ₹31,91,98,610

Total Diluted Share/Voting Capital After Acquisition: ₹31,91,98,610

Additional Notes

  • No shares were encumbered (pledged/lien/non-disposal undertaking) before or after the acquisition
  • No voting rights otherwise than by shares were held
  • No warrants/convertible securities remained after the conversion
  • The acquisition resulted from the exercise of conversion rights as per terms of issue of Convertible Warrants issued on preferential basis