Borosil Limited has received a disclosure from its Promoter and Vice Chairman, Managing Director & CEO Shreevar Kheruka regarding the acquisition of 85,443 equity shares through open market purchases. The transaction was conducted between March 9, 2026 and March 23, 2026, as per the formal disclosure submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Acquisition Details

The acquisition represents a strategic increase in promoter holding, with Shreevar Kheruka personally purchasing the shares from the open market. The transaction details show a measured approach to increasing stake in the company.

Impact on Promoter Group Holding

The acquisition has resulted in a marginal increase in the promoter group's overall shareholding in Borosil Limited. The combined holding of Shreevar Kheruka and persons acting in concert (PACs) has increased across all relevant metrics.

Promoter Group Composition

The promoter group includes Shreevar Kheruka as the acquirer and several persons acting in concert. The PACs comprise both individual promoters and corporate entities that maintain significant stakes in the company.

Individual Promoters:

• Pradeep Kumar Kheruka
• Kiran Kheruka
• Rekha Kheruka
• Alaknanda Ruia

Corporate Entities:

• Croton Trading Private Limited
• Gujarat Fusion Glass LLP
• Sonargaon Properties LLP
• Borosil Holdings LLP
• Spartan Trade Holdings LLP
• Associated Fabricators LLP

Individual Shareholding Changes

Shreevar Kheruka's personal holding in the company has increased from 19,51,747 shares to 20,37,190 shares, representing an increase from 1.63% to 1.70% of the total share capital. The other members of the promoter group maintained their existing shareholdings without any changes during this acquisition period.

Company Share Capital Structure

Borosil Limited's equity share capital remains unchanged at ₹11,95,82,129, consisting of 11,95,82,129 equity shares with a face value of ₹1 each. The total diluted share capital stands at ₹12,06,81,907, comprising 12,06,81,907 equity shares, accounting for potential conversion of outstanding convertible securities and ESOP into equity shares.

The disclosure confirms that the company's shares are listed on both BSE Limited and National Stock Exchange of India Limited, ensuring broad market access for investors.

Borosil Limited has formally notified stock exchanges about significant production disruptions caused by LPG supply restrictions due to a force majeure situation. The company filed an official intimation under Regulation 30 of SEBI Listing Regulations on March 11, 2026, citing the ongoing Middle East conflict and its impact on global fuel supply as the root cause of the operational challenges.

Force Majeure Declaration and Regulatory Disclosure

The company received communication from Oil Marketing Companies (OMCs) regarding LPG supply restrictions stemming from the Middle East conflict's impact on global fuel supply chains. This force majeure situation has directly affected production activities at the company's Jaipur facilities in Rajasthan.

Borosil submitted the mandatory disclosure to both BSE Limited (Scrip Code: 543212) and National Stock Exchange of India Limited (Symbol: BOROLTD), providing comprehensive details about the production impact and recovery efforts.

Production Impact Assessment

The LPG supply disruption has created varying levels of impact across different manufacturing units at the Jaipur facility:

Recovery and Coordination Efforts

Borosil is actively coordinating with OMCs and relevant government authorities to secure essential LPG supply for production continuity. The company's management is working systematically to address the supply constraints through proper regulatory channels.

The company stated it is evaluating the financial impact arising from the ongoing LPG supply disruption. Management confirmed they are actively monitoring the evolving situation and committed to providing regular updates to stock exchanges regarding any material developments.

Regulatory Compliance Details

As part of the regulatory disclosure requirements, Borosil provided detailed information in Annexure-A format:

The intimation has been uploaded on the company's official website at www.borosil.com for public access and transparency.