Laxmi Devi Agarwal, Suman Agarwal, Ritu Agarwal, Kiran Agarwal, Sangeeta Agarwal has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Five members of the Agarwal promoter family — Laxmi Devi Agarwal, Suman Agarwal, Ritu Agarwal, Kiran Agarwal, and Sangeeta Agarwal — plan to acquire 88,47,393 equity shares (9.15% of share capital) from nine other family members as a gift (no consideration). The transfer is scheduled on or after 27th March 2026. Several sellers including Vinod Kumar Agarwal, Pankaj Agarwal, Puja Agarwal, Vikas Agarwal, Rupal Agarwal, and Lokesh Agarwal will completely exit their holdings. The aggregate promoter group shareholding remains unchanged as this is an internal family realignment, qualifying for exemption under Regulation 10(1)(a)(i). The 60-day VWAMP is Rs. 961.83. When combined with earlier inter-se transfers during FY25-26, the cumulative acquisitions breach the Regulation 3 trigger threshold, but remain exempt as they are between immediate relatives.