Containe Technologies saw its promoter shareholding increase significantly following the completion of a rights issue. Acquirers Anand Kumar Seethala and Botcha Bhavani disclosed the acquisition of equity shares under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure, filed with BSE Limited on October 8, 2026, confirms that the acquisition was made in reliance upon the exemption provided for in Regulation 10. The transaction involved the purchase of equity shares pursuant to the company's rights issue.

Shareholding pattern changes

The combined shareholding of Anand Kumar Seethala and Botcha Bhavani rose from 52.57% to 71.63% of the total share capital. Individually, Anand Kumar Seethala’s stake increased from 23.41% to 31.88%, while Botcha Bhavani’s holding grew from 29.17% to 39.74%.

Regulatory compliance

The acquirers stated that no prior disclosure was required under Regulation 10(5) of the SEBI SAST Regulations. The exemption from making an open offer is cited under Regulation 10(4)(a) and (b). The filing notes that details such as the transferor name, date of acquisition, number of shares acquired from specific persons, and price per share are marked as Not Applicable (N.A.) in the prescribed format, as the acquisition resulted from a corporate action rather than a direct market or off-market transfer from a specific seller.

Containe Technologies Limited held its 18th Annual General Meeting on September 30, 2026, in Hyderabad, where both resolutions were passed with requisite majority and 100% votes in favour.

Meeting proceedings and attendance

The meeting commenced at 11:00 am and concluded at 11:15 am at the company's registered office in Secunderabad, Hyderabad. Anand Kumar Seethala, Managing Director, was unanimously elected as the Chairperson. The requisite quorum was present, with two independent directors unable to attend due to prior commitments.

As of the record date of September 23, 2026, the company had 476 shareholders. Seven individuals attended the physical meeting, comprising two from the promoter group and five public shareholders. No shareholders attended via video conferencing.

Resolutions passed

The members transacted two ordinary business items as outlined in the notice convening the meeting. Voting was conducted via ballot for those present who had not previously voted electronically. Rashida Hatim Adenwala, Practicing Company Secretary and Founder Partner of R & A Associates, Company Secretaries, was appointed as Scrutinizer to oversee the remote e-voting and ballot voting process.

The key resolutions included:

1. Adoption of the financial statements for FY26, along with reports from the Board of Directors and Statutory Auditors.
2. Appointment of Botcha Bhavani (DIN: 02299110), Whole-time Director, in place of herself, as she retired by rotation and offered herself for re-appointment.

The voting results for both resolutions are summarised below:

The Scrutinizer's consolidated report confirmed that all 36,77,000 votes were cast by ballot at the AGM, with zero votes received through remote e-voting for either resolution. No invalid or abstain votes were recorded.

Governance and compliance details

The company provided e-voting facilities through Central Depository Services Limited (CDSL) pursuant to Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Remote voting commenced on September 27, 2026, at 9:00 am and concluded on September 29, 2026, at 5:00 pm. Voting rights were determined based on shareholdings as of the cut-off date, September 23, 2026.

The AGM notice was published in Business Standard (English) and Mana Telangana (Telugu) on September 9, 2026. Key managerial personnel present included Janardhan Mandala, Chief Financial Officer, and Nikitha Sarda, Company Secretary and Compliance Officer. Representatives from the statutory auditors, Dhanunjaya and Haranath Chartered Accountants, and secretarial auditors, R & A Associates, also attended the session. The voting results and Scrutinizer's report have been uploaded on the company's website.