Arfin India Limited disclosed a proposed inter-se transfer of 97,47,250 equity shares among immediate relatives within its promoter group. Promoter Mahendrakumar Rikhavchand Shah intends to acquire the shares from Mrs. Pooja Mahendrabhai Shah and Mrs. Khushbu Mahendrabhai Shah through an off-market transaction by way of gift.

The acquisition is scheduled to take place on or after September 7, 2026. The company notified the BSE and NSE on August 27, 2026, citing Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The proposed transfer involves no monetary consideration. The shares are being gifted between family members belonging to the promoter group. The breakdown of the acquisition is as follows:

Impact on Shareholding

The transaction will consolidate the promoter’s direct holding while leaving the aggregate stake of the promoter and promoter group unchanged.

Before the transfer, Mahendrakumar Rikhavchand Shah held 2,56,28,624 shares, representing 15.19% of the total share capital. Post-transaction, his holding will rise to 3,53,75,874 shares, or 20.96%.

Mrs. Pooja Mahendrabhai Shah and Mrs. Khushbu Mahendrabhai Shah will hold nil equity shares in the company following the completion of the transfer.

What the Numbers Show

The consolidation of 5.77% of the paid-up capital into a single promoter entity increases individual voting concentration within the promoter group without altering the total promoter block. This structural shift simplifies the ownership map for the immediate relatives involved but does not change the overall control dynamics or public float of the company.

Arfin India Limited has scheduled its 34th Annual General Meeting (AGM) for Saturday, September 19, 2026, at 12:00 pm. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM). The company also dispatched its annual report for FY26 to shareholders.

The intimation was issued on August 25, 2026, pursuant to Regulation 30 and 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Natanya Kasaudhan, Company Secretary and Compliance Officer (Mem. No.: A75915), signed the communication.

Book Closure and E-Voting Schedule

To determine eligibility for voting and other rights associated with the AGM, the Share Transfer Books, Register of Members, and Register of Beneficial Owners will remain closed. The cut-off date for determining record shareholders is Saturday, September 12, 2026.

The book closure period runs from Sunday, September 13, 2026 to Saturday, September 19, 2026, inclusive of both days. This closure is specifically for the purpose of the 34th AGM.

Shareholders eligible to vote can participate in remote e-voting during the designated window using the electronic voting platform provided by National Securities Depository Limited (NSDL). The voting rights of members shall be in proportion to the shares held by them as on the cut-off date. The remote e-voting module shall be disabled by NSDL after the end time. In addition, the facility for voting through electronic voting system shall also be made available at the AGM for members participating via VC/OAVM who have not already cast their vote remotely.

Annual Report Dispatch and E-Mail Registration

The electronic copy of the Annual Report for FY25-26, including the notice of the AGM, was sent on August 24, 2026, to all members whose e-mail addresses are registered with the company or their Depository Participants. The report is also available on the company website at www.arfin.co.in and stock exchange portals.

Members who have not registered their e-mail addresses are requested to do so to receive e-communication. The company has outlined specific steps for registration:

• Members holding shares in physical mode must provide a signed request letter, name, folio number, mobile number, e-mail address, self-attested PAN, and Aadhar card via e-mail to investors@arfin.co.in or the RTA at mcstaffahnd@gmail.com .
• Members holding shares in dematerialized mode should register or update their e-mail addresses with the relevant Depository Participants.
• For queries or difficulties, members may contact the RTA at mcstaffahnd@gmail.com .

Members who wish to obtain a physical copy of the Notice and Integrated Annual Report may request it by sending a request to investors@arfin.co.in .

The intimation was issued in compliance with Section 91 of the Companies Act, 2013, and Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.