Euro Pratik Sales Limited has informed stock exchanges about a share acquisition by its promoter group entities under SEBI's substantial acquisition regulations. The disclosure reveals strategic moves by key promoter entities to increase their stake in the company.

Share Acquisition Details

The acquisition involved two promoter group entities making identical purchases in the open market. The transaction details are presented below:

The shares were acquired through open market purchase on March 27, 2026, representing a combined investment in 400000 equity shares of the company.

Holdings Comparison

The acquisition has resulted in changes to the promoter group's shareholding pattern. The following table shows the before and after positions:

The acquisition has increased the combined stake of both HUFs from 44.98% to 45.36% of the total voting capital.

Promoter Group Structure

The complete promoter group includes various individuals and entities acting in concert. Key stakeholders in the promoter group include:

• Pratik Gunwantraj Singhvi holding 4139430 shares (4.05%)
• Jai Gunwantraj Singhvi holding 4086953 shares (4.00%)
• Dipty Pratik Singhvi holding 6001771 shares (5.87%)
• Nisha Jai Singhvi holding 6001771 shares (5.87%)
• Nidhi Sacheti holding 2850000 shares (2.79%)

The total promoter group holding after the acquisition stands at 69512402 shares, representing 68.02% of the company's total share capital.

Company Capital Structure

Euro Pratik Sales Limited's equity share capital remains unchanged at ₹10.22 crore, divided into 10.22 crore equity shares of Re. 1 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited, trading under the symbol EUROPRATIK on NSE.

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was signed by Company Secretary & Compliance Officer Shruti Kuldeep Shukla on March 30, 2026.

Euro Pratik Sales Limited's board of directors approved the acquisition of a 51% stake in Chawla Brothers for ₹32.20 crore and declared an interim dividend of ₹0.20 per equity share during its meeting held on March 23, 2026. The strategic acquisition is expected to enhance regional presence and boost brand visibility in North India's decorative surfaces market.

Board Meeting Outcomes and Regulatory Compliance

The board meeting, conducted from 8:30 AM to 8:45 AM on March 23, 2026, addressed key strategic and financial matters under Regulation 30 and 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Shruti Kuldeep Shukla submitted the official notifications to both BSE and NSE with comprehensive annexures detailing the acquisition parameters.

Chawla Brothers Acquisition Details

The board approved the acquisition of a controlling 51% stake in Chawla Brothers, a partnership firm established on April 1, 1979, for a total cash consideration of ₹32.20 crore. The target entity operates in wholesale and retail business segments dealing with wall panels, laminates, veneer, plywood, and other decorative surface products, with particular strength in Punjab markets including Jalandhar and Ludhiana regions.

Target Company Financial Performance

Chawla Brothers demonstrates consistent revenue growth across the last three financial years, with turnover reaching ₹49.50 crore in FY 2024-25. The partnership firm operates primarily in India with established presence in decorative surfaces and interior solutions markets, particularly in Punjab region.

Interim Dividend Declaration

The board declared an interim dividend of ₹0.20 per equity share (20% of paid-up share capital) for FY 2025-26, with Friday, March 27, 2026, set as the record date for determining eligible shareholders. The dividend payment will be processed between March 28, 2026, and April 20, 2026.

Strategic Impact and Market Positioning

The acquisition aligns with Euro Pratik's expansion strategy to enhance regional presence and boost brand visibility in Punjab and broader North India markets. The transaction does not involve related party considerations and requires no governmental or regulatory approvals beyond standard compliance procedures. This strategic move will enable deeper penetration in North India for the company's decorative surface products portfolio.