The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Devendra Kumar Agarwalla

Mr. Devendra Kumar Agarwalla, a promoter of Foundry Fuel Products Ltd, received 2,04,542 shares (2.55% of equity) as a gift on 30 March 2026 from two other promoters: Mrs. Shrutika Agarwalla (1,47,550 shares / 1.84%) and Mrs. Madhu Agarwalla (56,992 shares / 0.71%). After the transfer, Devendra Kumar Agarwalla's holding rose from 9,76,000 shares (12.17%) to 11,80,542 shares (14.72%), while Shrutika and Madhu fully exited their direct holdings (now 0%). The mode of transfer was a gift, meaning no cash was exchanged. The total promoter shareholding of the company remains unchanged as this is an internal reshuffling within the promoter group.