Atharva Professional Consultants LLP has acquired a significant stake in Raconteur Global Resources Limited through a preferential allotment, as disclosed in a regulatory filing under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was completed on March 18, 2026, marking the acquirer's entry into the target company.

Acquisition Details

The transaction involved the acquisition of 714286 shares through preferential allotment. Prior to this acquisition, Atharva Professional Consultants LLP held no shares in Raconteur Global Resources Limited.

Shareholding Position

Following the acquisition, Atharva Professional Consultants LLP now holds 714286 shares in Raconteur Global Resources Limited. The acquirer is not part of the promoter or promoter group of the target company.

Capital Structure Impact

The preferential allotment has resulted in a significant change in the equity share capital of Raconteur Global Resources Limited. The company's equity share capital increased substantially following the transaction.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Raconteur Global Resources Limited is listed on BSE Limited. The filing was signed by Pooja Bhatia, Designated Partner of Atharva Professional Consultants LLP, with DIN: 00188770.

Atharva Professional Consultants LLP is registered at 'AASTHA', LP-11C Pitampura, New Delhi-110034, while Raconteur Global Resources Limited is located at Royal Palms, 3rd Floor, A321-Mater Mind 4, Aarey, Borivali, Aareymilk Colony, Mumbai, Goregaon East, Maharashtra-400065.

Raconteur Global Resources Limited announced significant corporate developments following its board meeting concluded on March 18, 2026, at 07:30 P.M. The company approved substantial equity allotments and key appointments that will strengthen its capital structure and governance framework.

Equity Share Allotment Details

The board approved the allotment of 5,564,283 equity shares with face value INR 10.00 each at INR 14.00 per share, including a premium of INR 4.00. The allotment comprised two distinct components:

Following this allotment, the company's issued and paid-up capital increased to INR 10,77,78,440. The equity shares were allotted to seven entities across the Non-Promoter category:

Warrants Allotment Program

The board approved the allotment of 7,249,998 warrants convertible into equity shares at INR 14.00 per warrant, including a premium of INR 4.00. The total value of this warrant allotment amounts to INR 10,14,99,972.

Warrant holders are required to pay 25% of the issue price upfront and can convert their warrants into equity shares by paying the remaining 75% within 18 months from the allotment date.

Leadership Appointments

The company strengthened its governance structure with two key appointments:

Independent Director Appointment

Mr. Arvinder Singh Kohli (DIN: 08444774) was appointed as Additional Director in the capacity of Non-Executive Independent Director effective March 18, 2026. Mr. Kohli brings over 20 years of experience as a Company Secretary and Banking Professional, with expertise in:

• Corporate secretarial compliance and advisory
• Secretarial audits and regulatory filings
• Company formation and statutory registrations
• Liaison with regulatory authorities including Reserve Bank of India and Registrar of Companies

Internal Auditor Appointment

Mr. Surinder Kalra (DIN: 10779178) was appointed as Internal Auditor pursuant to Section 138 of the Companies Act, 2013, effective March 18, 2026. Mr. Kalra, an Arts graduate, contributes 29 years of extensive experience in the automobile sector with demonstrated management skills and strategic expertise.

Regulatory Compliance

All appointments and allotments were made in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and SEBI Listing Regulations. The company confirmed that the newly appointed director is not debarred from holding office pursuant to any SEBI order or other authority. Detailed disclosures under Regulation 30 of SEBI Listing Regulations have been submitted to BSE Limited.