Fairplan Distributors Private Limited has filed comprehensive disclosures under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations following its strategic acquisition of shares in Advik Capital Limited. The acquisitions, conducted through multiple open market transactions between October 2025 and March 2026, have resulted in Fairplan holding a substantial 23.46% stake in the target company.

Acquisition Overview

The disclosure encompasses eight separate acquisition tranches under Regulations 29(1) and 29(2) of SAST Regulations. Fairplan Distributors, a Kolkata-based private limited company with CIN U51909WB2010PTC141174, has confirmed that it does not belong to the promoter or promoter group of Advik Capital Limited.

Sequential Acquisition Details

The share acquisitions occurred in a systematic manner across multiple disclosure periods:

Initial Acquisition (Regulation 29(1))

The first major acquisition involved 4,21,07,979 shares representing 6.92% of the total share capital. These shares were purchased between October 08, 2025, and November 18, 2025, across nine trading sessions.

Subsequent Acquisitions (Regulation 29(2))

Following the initial acquisition, Fairplan continued purchasing shares through seven additional tranches:

Transaction Timeline

The acquisitions spanned approximately five months, demonstrating a sustained investment strategy:

• October 2025: Initial purchases began on October 08, 2025
• November 2025: Continued acquisitions through November 24, 2025
• December 2025: Multiple purchase dates throughout the month
• January 2026: Extended acquisition period from December 26, 2025, to January 28, 2026
• February-March 2026: Final acquisitions completed by March 27, 2026

Regulatory Compliance

All acquisitions have been properly disclosed under the applicable SAST Regulations, with detailed breakdowns provided for each transaction date. The disclosures include comprehensive information about voting rights, share encumbrances, and diluted share capital calculations. Fairplan has confirmed that no warrants, convertible securities, or other instruments entitling voting rights were involved in these transactions.

Final Shareholding Position

As of the latest disclosure dated March 27, 2026, Fairplan Distributors Private Limited holds 14,27,77,126 equity shares, representing 23.46% of Advik Capital Limited's total voting capital. This substantial shareholding positions Fairplan as a significant stakeholder in the company, though it maintains its status as a non-promoter entity.

Advik Capital Limited has officially communicated to BSE Limited that it does not fall under the category of Large Corporate as defined by specific SEBI regulations. The notification, dated April 3, 2026, addresses the company's compliance status regarding fund raising through debt securities issuance.

Regulatory Compliance Notification

The company has confirmed its non-applicability to two key SEBI circulars that govern Large Corporate fund raising activities. These regulations establish specific requirements for companies classified as Large Corporates when issuing debt securities and mandate particular disclosure compliance measures.

Company Leadership and Authorization

The formal notification was signed by Narendra Kumar Singhal, Whole-time Director of Advik Capital Limited, bearing DIN: 10800406. The digital signature was executed on April 3, 2026, at 18:18:01 +05'30', providing official authorization for this regulatory communication.

Corporate Information

Advik Capital Limited operates as a BSE-listed company with CIN: L65100DL1985PLC022505. The company maintains its registered office at 203, Pearl Best Height-2, Netaji Subhash Place, Pitampura, New Delhi - 110034, and can be reached through its official website and contact channels.

This notification ensures that BSE Limited and relevant stakeholders are informed about the company's regulatory status, confirming that Advik Capital Limited is not subject to the specific fund raising and disclosure requirements applicable to Large Corporates under the referenced SEBI circulars.