Kotyark Industries Limited has received another disclosure from Gaurang R Shah HUF, a member of the promoter group, regarding additional disposal of equity shares through open market transactions. Following an earlier transaction in March, the HUF has filed another disclosure on March 31, 2026, to both NSE and BSE exchanges.

Latest Transaction Details

The HUF disposed of an additional 1,383 equity shares of Kotyark Industries on March 27, 2026, representing a 0.01% change in shareholding. This transaction was executed through open market sale mechanism.

Cumulative Shareholding Changes

The recent disposal resulted in a further reduction of Gaurang R Shah HUF's shareholding in Kotyark Industries. The HUF's holding decreased from 3.39% to 3.38% following the latest transaction.

Updated Shareholding Pattern

Following both transactions, the current shareholding pattern shows Gaurang R Shah HUF holding 3,47,169 shares representing 3.38% of the company's equity.

Current Promoter Group Holdings

The promoter group's collective shareholding in Kotyark Industries now stands at 63.84% following the latest transaction. Key promoter group members and their current holdings include:

• Mr. Gaurang Rameshchandra Shah: 51,66,135 shares (50.26%)
• Mrs. Bhaviniben Gaurang Shah: 8,83,887 shares (8.60%)
• Gaurang R Shah HUF: 3,47,169 shares (3.38%)
• Mr. Brijkumar Gaurang Shah: 97,500 shares (0.95%)
• Mr. Vandan Gaurang Shah: 67,500 shares (0.66%)

Company Share Capital Structure

Kotyark Industries Limited's equity share capital structure remains unchanged at ₹10,27,91,160 divided into 1,02,79,116 equity shares of ₹10.00 each. The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Kotyark Industries Limited has published newspaper advertisements for its postal ballot notice in compliance with SEBI regulations, while maintaining its comprehensive e-voting process for key corporate appointments. The company continues its structured approach to shareholder engagement following its migration to the main board.

Regulatory Compliance and Advertisement Publication

The company has fulfilled its regulatory obligations by publishing postal ballot advertisements in newspapers on March 25, 2026. This publication ensures wider shareholder awareness and compliance with listing requirements.

E-Voting Timeline and Process

The remote e-voting process maintains its established timeline to ensure comprehensive shareholder participation. The company has engaged National Securities Depository Limited (NSDL) as the e-voting service provider for seamless digital voting.

Key Resolutions for Approval

The postal ballot contains two significant resolutions requiring shareholder approval, both aligned with the company's corporate governance enhancement strategy following main board migration.

Director Appointment Resolution

The first resolution seeks approval for Mr. Viral Mukeshbhai Mamtora's appointment as Non-Executive Independent Director, bringing valuable finance and accounts expertise to the board.

Secretarial Auditor Appointment

The second resolution addresses the appointment of M/s. Mittal V. Kothari & Associates as Secretarial Auditor for a five-year term, ensuring regulatory compliance following the company's main board listing.

Corporate Governance Framework

These appointments represent Kotyark Industries' systematic approach to strengthening corporate governance following its main board transition. The five-year secretarial auditor term provides stability in compliance oversight, while the independent director appointment enhances board expertise in financial matters.

The postal ballot process demonstrates the company's commitment to transparent shareholder engagement and regulatory compliance. The electronic voting system ensures accessibility for all shareholders while maintaining the integrity of the approval process for these crucial appointments.