Gaurang R Shah HUF, a member of the promoter group of Kotyark Industries Limited, has disclosed a substantial reduction in its shareholding through an open market transaction. The HUF disposed of 2,00,000 equity shares, representing 1.95% of the company's total share capital, on March 12, 2026.

Transaction Details

The disposal was executed through an open market sale and disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction details are as follows:

Impact on Shareholding Pattern

The disposal has resulted in a significant change in the shareholding pattern of the promoter group. Gaurang R Shah HUF's individual holding in Kotyark Industries has decreased from 6.41% to 4.47% following this transaction.

Promoter Group Holdings

The total promoter group holding has also been impacted by this transaction. The promoter group, which includes Gaurang R Shah HUF along with 17 other entities and individuals, saw its collective shareholding reduce from 66.88% to 64.94%.

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: 4,59,200 shares (4.47%)
• Mr. Brijkumar Gaurang Shah: 97,500 shares (0.95%)
• Mr. Vandan Gaurang Shah: 67,500 shares (0.66%)

Company Capital Structure

Kotyark Industries Limited's equity share capital remains unchanged following this transaction. The company's capital structure consists of ₹10,27,91,160 divided into 1,02,79,116 equity shares of ₹10.00 each. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited.

This disclosure reflects the regulatory compliance requirements for substantial acquisitions and disposals, ensuring transparency in shareholding changes among promoter group entities.

Kotyark Industries Limited has received final listing and trading approval from both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) to migrate from the SME platform to the main board. The company announced this significant milestone through regulatory filings under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with trading commencing on March 12, 2026.

Dual Exchange Approval Details

The company received comprehensive approvals from both major Indian stock exchanges for its transition to main board platforms. The NSE approved the migration from its Emerge Platform to the main board, while BSE granted direct listing approval for its main board.

Security Specifications and Trading Parameters

Kotyark Industries' equity shares are admitted to dealings on both exchanges with specific trading parameters. The company has established clear market identifiers and trading specifications for seamless transition.

Management Commentary and Strategic Vision

Gaurang Shah, Chairman cum Managing Director, commented on the listing milestone: "The approval for listing and trading of our equity shares on the Main Boards of NSE Limited and BSE marks an important milestone in Kotyark Industries Limited's growth journey. This transition reflects the Company's operational progress and our commitment to creating long-term value for shareholders."

Company Profile and Manufacturing Capacity

Incorporated in 2016, Kotyark Industries Limited specializes in manufacturing biodiesel and its by-products, positioning itself as a key player in the biofuel industry across Rajasthan and Gujarat. The company operates with significant production capabilities across multiple locations.

Market Impact and Future Prospects

The migration from SME platforms to main boards of both NSE and BSE represents a significant corporate advancement for Kotyark Industries. This transition provides enhanced market credibility, improved liquidity prospects, and access to a broader investor base including institutional investors. The dual listing approach maximizes market reach and trading opportunities across India's primary stock exchanges, supporting the company's focus on sustainable growth in the renewable energy sector.