Enclosed

Bijoy Hans Ltd announced a change in management and control following an open offer under SEBI (SAST) Regulations, which closed on 3rd July 2025 with zero shares tendered by public shareholders. The acquirers — U G Patwardhan Services Pvt Ltd, Mr. Kaushal Uttam Shah, Agri One India Ventures LLP, and Mr. Shantanu Surpure — had offered Rs. 12.50 per share for up to 26% of voting capital, but since no shares were tendered, control changed under the SAST framework anyway. The board was fully reconstituted: Mr. Kaushal Uttam Shah became Chairman and Managing Director, two new Independent Directors (Mr. Brijesh Biyani and Dr. Rahul Mayur) were appointed, while the old promoter-linked directors and CFO resigned. The statutory auditor was changed to Khire Khandekar and Kirloskar, and a new CFO Mr. Abhiram R was appointed. For Q1 FY26, the company reported a net loss of Rs. 25.29 lakhs on total income of just Rs. 3.41 lakhs, with no operational revenue. The 40th AGM was scheduled for 25th August 2025, and the company had raised Rs. 5.62 crore via preferential allotment of 45 lakh shares to new promoters at Rs. 12.50 per share earlier.