Cella Space has scheduled its 35th Annual General Meeting (AGM) for Saturday, September 26, 2026. The corporate action follows a Board meeting held on August 28, 2026, which also approved the annual report for FY26.

The Board of Directors convened at 12:05 pm and concluded proceedings at 2:15 pm. During the session, directors fixed the date for the upcoming AGM and approved the accompanying notice and Board's Report, including all annexures for the financial year 2025-26.

Meeting Details

The company intends to conduct the 35th AGM through Video Conferencing (VC) or Other Audio Visual Means (OAVM). This mode of conduct aligns with regulatory permissions allowing remote participation for general meetings.

Key outcomes from the August 28 meeting include:

• Fixing of the 35th AGM date as September 26, 2026
• Approval of the AGM Notice and Board's Report for FY26

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Rajkumar Sivathanupillai, Managing Director, signed the communication to the BSE Listing Department.

Cella Space promoters Visakh Rajkumar and Vignesh Rajkumar plan to acquire 32,00,000 equity shares from fellow promoter Rajkumar Sivathanu Pillai. The transaction, valued at ₹30 per share, represents a 15.88% stake in the company.

The acquisition is structured as an inter-se transfer among promoters who have held their positions for at least three years. Under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, such transfers are exempt from making an open offer to public shareholders.

Transaction Details

The acquirers submitted prior intimation under Regulation 10(5) of the SAST Regulations on August 21, 2026. The transfer is scheduled to take place on or after August 27, 2026, adhering to the mandatory four-working-day waiting period post-intimation.

Pricing and Regulatory Compliance

The agreed acquisition price of ₹30 per share is within regulatory limits. The volume-weighted average market price (VWAP) for the 60 trading days preceding the notice (May 27, 2026, to August 20, 2026) was approximately ₹24.10 per share on the Bombay Stock Exchange.

Regulations cap the acquisition price at 125% of this VWAP, which amounts to ₹30.13 per share. The declared price of ₹30 complies with this ceiling, ensuring the transaction remains exempt from open offer obligations.

Impact on Shareholding Pattern

The transfer reshuffles promoter holdings but leaves the aggregate promoter group stake unchanged at 59.22%. Rajkumar Sivathanu Pillai’s individual holding will drop from 51.91% to 36.03%. Conversely, Visakh Rajkumar’s stake will rise from 1.80% to 9.74%, while Vignesh Rajkumar’s holding will increase from 2.11% to 10.05%.

Other promoter group members, including Rajee Rajkumar and Kamalam Sivathanu Pillai, retain their existing stakes without any changes in voting rights or share counts.