Bohra Industries has reclassified Mr. Andar Bonumalla from the 'Promoter and Promoter Group' category to the 'Public' category following the completion of an open offer by Mark AB Capital Private Limited. The reclassification was disclosed to the National Stock Exchange on July 20, 2026, pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The open offer made by the acquirer was completed on April 16, 2026, which marked the actual date of credit of equity shares into the designated Demat Account of the Acquirer. This action was undertaken in terms of the Letter of Offer dated July 23, 2025, filed with the exchange and the Securities and Exchange Board of India (SEBI) under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The intention to reclassify the promoter was explicitly stated in the Letter of Offer dated July 23, 2025. The document specified that the promoters intended to relinquish management control in favor of the acquirer and cease to be promoters, thereby declassifying as public shareholders in accordance with Regulation 31A of the SEBI LODR Regulations.

Under Regulation 31A(10) of the SEBI LODR Regulations, where the intention to seek reclassification is disclosed in the Letter of Offer, the reclassification must be disclosed to the exchange within 24 hours of the open offer's completion. Bohra Industries stated that the disclosure was inadvertently missed and attributed the delay to technical reasons rather than any mala fide intent to withhold information.

The company regretted the inadvertent delay and emphasized that the underlying event of reclassification was already disclosed in the Letter of Offer. Bohra Industries requested the exchange to condone the delay and take the submissions on record, reaffirming its commitment to compliance with SEBI regulations.

Bohra Industries Limited has accepted the resignation of Mr. Venkataramani Jaiganesh from the position of Non-Executive Director, effective July 11, 2026. The resignation, attributed to personal and unavoidable circumstances, was tendered via a letter dated July 11, 2026. Mr. Jaiganesh confirmed that there are no other material reasons for his departure beyond those stated in his resignation letter.

The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that the details regarding the cessation of the director's role are in line with clause 7 of Para A of Schedule III of the SEBI Listing Regulations.

Mr. Atul Dave, Managing Director of Bohra Industries Limited, signed the communication to the exchange. The company is expected to file the necessary forms with the Registrar of Companies to formalize the change in directorship as per the provisions of the Companies Act, 2013.

The following table summarizes the key details regarding the cessation of the director's tenure: