Ravi Agrawal, a promoter of Ajanta Pharma , has released the pledge on 23,26,289 equity shares, reducing the encumbered holdings within the promoter group. The release, executed on June 16, 2026, was attributed to excess pledge. The disclosure was made to the stock exchanges in compliance with Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The released shares were held by Ravi P Agrawal as the trustee of Ravi Agrawal Trust. The pledge release involved four separate transactions with different lenders, including Aditya Birla Capital Limited, Bajaj Finance Limited, and HSBC Direct Invest Financial Services Pvt Ltd. Following these transactions, the total encumbered shares held by the trust decreased to 3,430,488, constituting 2.75% of the company's total share capital.

Details of Pledge Release

The table below outlines the specific details regarding the release of encumbrance on the shares:

Promoter Holding Status

The filing also provided a snapshot of the shareholding and encumbrance status for other promoters within the group. While Ravi P Agrawal's trust reduced its pledged holdings, other entities such as Gabs Investments Pvt Ltd and Aayush M Agrawal, trustee of Aayush Agrawal Trust, continue to hold encumbered shares. Gabs Investments Pvt Ltd has 2,770,000 shares encumbered (2.22%), while Aayush Agrawal Trust has 12,556,198 shares encumbered (10.05%).

Ajanta Pharma has published the notice for e-voting and its Forty-Seventh Annual General Meeting (AGM) in the Mumbai editions of Free Press Journal and Navshakti on June 19, 2026. The meeting is scheduled to be held on July 16, 2026, at 11:00 a.m. IST via video conferencing. This disclosure complies with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013.

The company has dispensed with the requirement of sending physical copies of the Notice and Annual Report for FY 2025-26. Instead, these documents were emailed to members on June 18, 2026, and are available on the company's website. The facility for remote e-voting will be available to members holding shares in physical or dematerialised form as on the cut-off date of July 9, 2026.

E-Voting and AGM Schedule

Shareholders who cast their vote via remote e-voting prior to the AGM may attend the meeting but are not entitled to vote again. Those who have not voted remotely can exercise their right through the e-voting system during the AGM. The venue of the meeting is deemed to be the Registered Office of the company in Mumbai.