Date: August 19, 2026

Ownership & Market Activity

Promoter Share Transfer

  • Mr. Nitin Jain (acquirer) will acquire 200,000 equity shares (0.62% of total share capital) from Mrs. Bela Agarwal (seller)
  • Proposed transaction date: On or after August 26, 2026
  • Acquisition price: Market Price at NSE, with declaration that price will not exceed 25% above the 60-day volume weighted average market price of ₹75.96
  • Rationale: Restructuring of shareholding inter se among Promoters

Shareholding Impact

  • Pre-transaction holding of Nitin Jain: 11,840,649 shares (37.10%)
  • Post-transaction holding of Nitin Jain: 12,040,649 shares (37.73%)
  • Pre-transaction holding of Bela Agarwal: 1,093,750 shares (3.42%)
  • Post-transaction holding of Bela Agarwal: 893,750 shares (2.80%)

Regulation, Compliance & Legal

Regulatory Exemption

  • The transaction qualifies for exemption from open offer requirements under Regulation 10(1)(a)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
  • Both parties have been named as Promoters in the shareholding pattern for not less than three years prior to the proposed acquisition
  • Acquirer declares compliance with all conditions specified under Regulation 10(1)(a)
  • Both transferor and transferee have complied with applicable disclosure requirements in Chapter V of Takeover Regulations during previous 3 years

Documentation

  • Prior intimation submitted under Regulation 10(5) of SEBI Takeover Regulations
  • Declaration of compliance attached as Annexure II

Company Personnel

  • Tripti Rathi, Company Secretary & Compliance Officer (Membership No.: A52232) signed the disclosure on behalf of Silgo Retail Limited