Date: September 16, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
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Board Meeting Outcomes
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Financial Results
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Auditor’s Report
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Disinvestment / Strategic Actions
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Other Operational / Legal / Strategic Disclosures
Promoter Shareholding Change Disclosure
The company received and disclosed mandatory filings under SEBI Takeover Regulations regarding a share transfer between promoters.
Details of Acquisition:
- Acquirer: Mr. Nitin Jain (Promoter)
- Seller: Mrs. Bela Agrawal (Promoter)
- Transaction Date: September 15, 2026
- Number of Shares: 200,000 equity shares of face value ₹10 each
- Percentage of Paid-up Capital: 0.62%
- Mode of Transaction: Inter-se transfer amongst promoters
Nitin Jain's Shareholding Details:
- Pre-acquisition holding: 7,640,649 shares (23.94% of total share capital, 17.01% of diluted capital)
- Shares encumbered (pledged): 5,000,000 shares (15.66% of total share capital, 11.13% of diluted capital)
- Warrants/convertible securities: 13,000,000 instruments (40.74% of total share capital, 28.94% of diluted capital)
- Total pre-acquisition exposure: 25,640,649 shares/instruments (80.35% of total share capital, 57.09% of diluted capital)
- Acquisition: 200,000 shares (0.62% of total share capital, 0.44% of diluted capital)
- Post-acquisition holding: 7,840,649 shares (24.57% of total share capital, 17.45% of diluted capital)
- Post-acquisition encumbered shares: 5,000,000 shares (15.66% of total share capital, 11.13% of diluted capital)
- Post-acquisition warrants/convertibles: 13,000,000 instruments (40.74% of total share capital, 28.94% of diluted capital)
Bela Agrawal's Shareholding Details:
- Pre-transaction holding: 293,750 shares (0.92% of total share capital, 0.65% of diluted capital)
- Sale: 200,000 shares (0.62% of total share capital, 0.44% of diluted capital)
- Post-transaction holding: 93,750 shares (0.29% of total share capital, 0.20% of diluted capital)
Capital Structure Details:
- Equity share capital before transaction: 31,908,860 shares
- Equity share capital after transaction: 31,908,860 shares (unchanged)
- Total diluted share capital after transaction: 44,908,860 shares
Regulatory Compliance:
- Disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Filed with National Stock Exchange of India Limited
- Submitted by Tripti Rathi, Company Secretary & Compliance Officer (Membership No.: A52232)