Desi Farms India Limited has disclosed the acquisition of shares and convertible securities pursuant to a preferential allotment under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The allotment, which included equity shares, 3% Compulsorily Convertible Non-Cumulative Preference Shares (CCPS), and 5% Compulsorily Convertible Debentures (CCD), was executed on July 04, July 07, and July 09, 2026. The filing was submitted to BSE Limited on July 13, 2026, by Managing Director Sunil Kumar Shahi.

The preferential allotment significantly altered the shareholding structure of the company. Sunil Kumar Shahi, the Managing Director, acquired 1,83,61,790 equity shares, increasing his total holding to 1,89,09,005 shares, which represents 57.62% of the total voting capital. Amita Singh acquired 7,03,800 shares, representing 2.14% of the voting capital. Additionally, several Persons Acting in Concert (PAC) acquired convertible securities.

Acquisition Details

The acquisition involved equity shares with a face value of ₹10 each, along with CCPS and CCDs. The CCPS and CCDs are compulsorily convertible into equity shares at a 1:1 ratio. The CCPS will be converted between 1 month and 12 months from the date of issue, while the CCDs will be converted between 1 month and 15 months from the date of issue, at the discretion of the Board of Directors.

Shareholding Pattern

The following table outlines the holdings of key acquirers and PACs post-acquisition:

The equity share capital post-acquisition increased to 3,28,14,180 shares, while the total diluted share capital stands at 4,12,28,736 shares. The mode of acquisition was preferential allotment.

Desi Farms India Limited accepted the resignation of Mr. Om Narayan Singh as a Non-Executive Independent Director effective July 9, 2026, due to his other professional commitments. The resignation was submitted to the board on July 9, 2026, with immediate effect. Consequently, Singh has ceased to be a member of the Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Securities Issue Committee of the company.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the resigning director does not hold directorships in any other listed entity. Singh confirmed that there are no other material reasons for his resignation other than those stated in the filing.

Resignation Details

The following table outlines the key particulars regarding the change in directorship:

The resignation letter, dated July 9, 2026, stated that Singh would not be able to devote enough time to the Board. He thanked the Board for their support and wished the company success in the future. The Managing Director, Sunil Kumar Shahi, signed the regulatory filing on behalf of Desi Farms India Limited.