Enbee Trade & Finance disclosed that Ssamta Amar Gaala, a member of the promoter group, sold 24,90,708 equity shares in the open market on September 29, 2026. The transaction represents a reduction in holding of 0.36% of the company's total voting capital.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this sale, Ssamta Amar Gaala held 25,90,708 shares, constituting 0.37% of the total share capital. Following the disposal, the holding stands at 1,00,000 shares, or 0.01%.

Transaction details

The sale was executed through the open market mechanism. The table below outlines the pre- and post-transaction holding positions for the promoter group entity:

The total equity share capital of Enbee Trade & Finance remains unchanged at 697,286,312 shares following the transaction, as the sale involved existing shares rather than new issuance.

What the numbers show

The promoter group's stake in Enbee Trade & Finance has decreased by approximately 96% relative to its previous position (from 0.37% to 0.01%). This reduction brings the individual promoter's holding to a negligible level, effectively exiting significant ownership in this specific entity. The entire transaction was conducted via open market sales, indicating liquidity-driven exit rather than a strategic off-market transfer.

Enbee Trade & Finance Limited shareholders approved all three ordinary resolutions at its 41st Annual General Meeting held on September 30, 2026. The voting results, submitted to BSE on October 1, 2026, confirmed requisite majorities for financial adoption, director re-appointment, and related party transactions.

Voting outcomes and participation

The company disclosed that remote e-voting concluded on September 29, 2026, while physical voting occurred during the meeting on September 30, 2026. The scrutinizer’s report, prepared by Feni Shah & Associates, validated the results for all agenda items.

Resolution 1: Adoption of financial statements

Shareholders adopted the audited financial statements for FY26. The resolution passed with overwhelming support from promoters and public shareholders.

Resolution 2: Director re-appointment

Mrs. Ssamta A. Gaala was re-appointed as Whole-time Director under Section 152(6) of the Companies Act, 2013. Promoters abstained from voting on this item due to their interest.

Resolution 3: Related party transactions

The approval of related party transactions, including material ones, also received strong support from non-promoter shareholders, who were the only eligible voters for this resolution.

What the numbers show

A distinct divergence in voting patterns emerged between promoter-held shares and public holdings. For the first resolution, promoters voted 31,898,495 shares in favour, constituting nearly 94% of all votes cast. However, for Resolutions 2 and 3, where promoters were deemed interested parties, they abstained entirely. Consequently, the outcome of these two critical governance decisions rested solely on the 1,978,657 votes polled by public non-institutional shareholders, who represented just 0.28% of the total outstanding share capital.