Eight Roads Investments Mauritius II Limited (erstwhile FIL Capital Investments (Mauritius) II Ltd) has significantly reduced its stake in Shadowfax Technologies by selling 4,70,76,972 equity shares on July 24, 2026. The disposal, executed via an open market bulk deal mechanism, represents an 8.05% reduction in the company’s total voting capital and a 7.89% drop in its diluted voting capital. This substantial divestment brings Eight Roads’ holding down from 9.50% to just 1.45%, marking a major shift in the shareholder structure of the Bangalore-based logistics technology provider.

The sale was reported to the National Stock Exchange of India Ltd and BSE Limited under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As mandated by Regulation 29(3) of the SEBI Takeover Regulations, the disclosure was filed within two working days of the transaction date. The filing was submitted by FIL Technology (Dalian) Limited, acting on behalf of Eight Roads pursuant to a power of attorney dated July 27, 2026.

Transaction Details

The equity shares were sold through the Stock Exchanges Mechanism as a bulk deal. While the trade occurred on July 24, 2026, settlement was completed on July 27, 2026. Prior to this transaction, Eight Roads held 5,55,72,432 shares carrying voting rights, constituting 9.50% of the total share/voting capital and 9.31% of the total diluted share/voting capital of Shadowfax Technologies Limited.

Following the disposal, Eight Roads retains 84,95,460 shares, representing 1.45% of the total share/voting capital and 1.42% of the diluted share/voting capital. The seller does not belong to the promoter or promoter group of Shadowfax Technologies Limited. There were no encumbrances, pledges, liens, or non-disposal undertakings associated with the shares held or sold during this period.

Capital Structure Context

The percentages and holdings disclosed are calculated based on the total number of equity shares of Shadowfax Technologies Limited as of June 30, 2026. At that time, the company’s equity share capital stood at 58,50,84,620 shares with an aggregate amount of ₹5,85,08,46,200, based on a face value of ₹10 per equity share. The total diluted share/voting capital, assuming full conversion of outstanding convertible securities and warrants, was 59,70,24,455 shares, amounting to ₹5,97,02,44,550.

The filing was authorized by Mr Imtiyaz Khodabacksh, Authorised Signatory for Eight Roads Investments Mauritius II Limited, and signed by Alina Yu (aka Xiaorui (Alina) Yu), Regulatory Reporting Manager at FIL Technology (Dalian) Limited, who acted under the specific power of attorney granted by Eight Roads. The disclosure confirms that no warrants, convertible securities, or other instruments entitling the seller to receive shares were acquired or sold alongside the equity shares.

Shadowfax Technologies will hold its Board of Directors meeting on Friday, July 31, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This announcement marks the commencement of the reporting cycle for fiscal year 2027 (FY27), providing stakeholders with the first visibility into the logistics technology firm’s performance since its transition to a public entity. The company will simultaneously host an earnings conference call at 5:00 PM IST to discuss the Q1FY27 outcomes with investors and analysts.

The intimation was filed pursuant to Regulation 29 and Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Krishnakanth Venkata Gangavarapu, Company Secretary & Compliance Officer, signed the disclosure on July 28, 2026. The filing ensures regulatory compliance regarding the timely communication of material events to the National Stock Exchange of India Ltd and BSE Limited.

Trading Window Closure

Pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for Designated Persons, their immediate relatives, and other insiders is currently closed. The window was sealed from July 1, 2026, and will remain closed until 48 hours after the declaration of the unaudited financial results to the stock exchanges. This restriction prevents insiders from trading in the company’s securities during the sensitive period leading up to the earnings release.

Earnings Call Details

Investors can participate in the earnings conference call via dial-in or webcast. The session will be led by Abhishek Bansal, Managing Director and Chief Executive Officer; Praveen Kumar K J, Chief Financial Officer; and Sachin Dixit, Corporate Strategy and Investor Relations. Participants are advised to join at least 5-10 minutes prior to the scheduled start time to ensure connectivity.

International Access

Global investors can access the call using toll-free numbers provided for various regions. Key international lines include:

• USA: 18667462133
• UK: 08081011573
• Singapore: 8001012045
• Australia: 0080014243444
• Germany: 0080014243444

The full list of international numbers covers Argentina, Belgium, Canada, China, France, Hong Kong, Italy, Japan, Netherlands, Poland, South Korea, Sweden, and Thailand. All details are also available on the company’s investor relations website.