Fabino Enterprises has accepted the resignation of Anand Katarmal as Company Secretary and Compliance Officer, effective July 07, 2026. The resignation, tendered due to personal reasons, was submitted via a letter dated July 07, 2026. The company will note the resignation at its ensuing Board meeting and intends to inform the stock exchange regarding the appointment of a successor in due course.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company also referenced the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/V3762/2026 dated January 30, 2026, as amended, regarding the details of the resignation.

Resignation Details

The following table outlines the key particulars regarding the change in the compliance officer position:

Anand Katarmal requested the Board to arrange for the filing of necessary forms and intimations with the Registrar of Companies and the Bombay Stock Exchange (BSE). The resignation was formally accepted by the company's management.

Fabino Enterprises Limited's open offer for the acquisition of 26% of its equity share capital opens on June 29, 2026. The offer, initiated by acquirers R G Family Trust, Sameer Gupta, and Sundeep Gupta, targets 5,46,000 fully paid-up equity shares with a face value of ₹10 each at a price of ₹20 per share. The offer closes on July 10, 2026, and the settlement of consideration for acquired shares is scheduled for July 24, 2026. Aryaman Financial Services Limited has been appointed as the manager to the offer.

The Independent Directors Committee (IDC) of Fabino Enterprises Limited has determined that the offer price is fair and reasonable. The committee, comprising Tesu Alakh (Chairman), Deepali Singla (Member), and Arihant Jain (Member), reviewed the Public Announcement, Detailed Public Statement, and Letter of Offer. The recommendation was published on June 24, 2026. The offer price was derived in accordance with Regulation 8(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

A review of market data indicated that the volume-weighted average market price of the company's shares on the BSE for the 60 trading days preceding the public announcement was ₹15.74 per share. The negotiated price per equity share for any acquisition under the Share Purchase Agreement (SPA) was ₹18.00 per share. The IDC confirmed that no trading occurred in the shares between the date of the public announcement and the date of this recommendation.

Schedule of Activities

Shareholders can tender shares in dematerialized form through their respective selling brokers or in physical form via their selling broker along with Form SH-4. The current market lot for the offer is 3,000 equity shares. The Letter of Offer was dispatched electronically to shareholders on June 12, 2026, and physically on or before June 19, 2026.