Vidhi S Khandelwal, a promoter of GNG Electronics Ltd , sold 44,87,203 equity shares on June 11, 2026, to ensure the company meets Minimum Public Shareholding (MPS) norms. The transaction, executed on the NSE, reduced the promoter's individual holding to 11.80% from 15.73%. The collective shareholding of the promoter and promoter group decreased to 74.77% of the paid-up equity share capital, down from 78.71%, thereby achieving compliance with SEBI regulations.

The divestment was conducted in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/P/CIR/2023/18 dated February 3, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has now met the MPS requirements mandated under Rules 19(2)(b) and 19A of the Securities Contracts (Regulation) Rules 1957, read with Regulation 38 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholding Details

The table below outlines the changes in the promoter group's shareholding resulting from the sale:

The disclosure was filed by Sarita Vishwakarma, Company Secretary & Compliance Officer of GNG Electronics Ltd, on June 11, 2026.

GNG Electronics Limited has approved the grant of 6,96,500 stock options to eligible employees under its Electronics Bazaar Employees Stock Option Scheme – 2024. The Nomination and Remuneration Committee (NRC) granted these options at a meeting held on May 28, 2026. The options are exercisable into equity shares with a face value of ₹2 each.

The exercise price for the options is fixed at ₹2 per option, representing the face value of the shares. This price is at a discount to the fair value of the equity shares as of May 27, 2026. The scheme is compliant with the SEBI (Share Based Employee Benefits) Regulations, 2021.

Vesting and Exercise Details

The granted stock options have a vesting period of three years from the date of the grant. The vesting schedule is structured in three phases:

• 33.33% of the stock options will vest at the end of 12 months from the grant date.
• 33.33% of the stock options will vest at the end of 24 months from the grant date.
• 33.34% of the stock options will vest at the end of 36 months from the grant date.

Once vested, the options can be exercised either wholly or partly. The exercise window is open within an overall exercise period of two years from the date of respective vesting.

Key Scheme Particulars

The following table outlines the key details of the options granted:

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.