Kamla Business Ventures Disposes 200000 Equity Shares of Ganon Products Limited

Kamla Business Ventures Private Limited has filed a regulatory disclosure regarding the disposal of equity shares in Ganon Products Limited . The transaction involves the sale of 200000 equity shares through open market operations, as mandated under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share disposal was executed on 16.03.2026 through open market sale. The transaction represents a significant reduction in Kamla Business Ventures' stake in Ganon Products Limited, with the disposed shares accounting for 2.13% of the target company's total voting capital.

Transaction Parameter:	Details
Shares Disposed:	200000
Transaction Date:	16.03.2026
Mode of Sale:	Open Market
Percentage of Total Capital:	2.13%

Shareholding Changes

The disposal has resulted in a notable change in Kamla Business Ventures' ownership structure in Ganon Products Limited. Before the transaction, the company held a substantial stake, which has now been reduced following this strategic divestment.

Shareholding Position:	Before Transaction	After Transaction	Change
Number of Shares:	1437969	1237969	-200000
Percentage Holding:	15.36%	13.23%	-2.13%
Voting Rights:	15.36%	13.23%	-2.13%

Regulatory Compliance

Kamla Business Ventures Private Limited, identified as belonging to the promoter group, has fulfilled its disclosure obligations under Regulation 29(2) of SEBI regulations. The company maintains no encumbrances, warrants, or convertible securities in Ganon Products Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.41%	-4.82%	+6.65%	+20.88%	+150.41%	+52.48%

Resignation Details and Regulatory Filing

Mr. Madanlal Goyal (DIN: 00456394) submitted his resignation letter on February 27, 2026, citing personal reasons and other professional commitments that prevent him from devoting sufficient time to company affairs. The formal intimation was filed with BSE Limited under scrip code 512443, ensuring full regulatory compliance.

Director Information:	Details
Name:	Mr. Madanlal Goyal
DIN:	00456394
Position:	Chairman and Director
Resignation Date:	February 27, 2026
Reason:	Personal reasons and professional commitments
Scrip Code:	512443

Board Actions and Compliance Framework

The Board of Directors convened on February 28, 2026, from 10:30 A.M. to 11:00 A.M. to formally approve the resignation. Managing Director Abhijeet Kacharu Jagtap (DIN: 10915468) signed the regulatory filing, ensuring continuity in leadership communication and proper documentation of the transition.

Meeting Details:	Information
Date:	February 28, 2026
Start Time:	10:30 A.M.
End Time:	11:00 A.M.
Primary Agenda:	Approval of Chairman's resignation
Effective Date:	February 27, 2026
Filed By:	Abhijeet Kacharu Jagtap, Managing Director

Resignation Letter and Stakeholder Message

In his resignation letter addressed to the Board of Directors, Mr. Goyal confirmed that there are no material reasons other than those mentioned for his resignation and no circumstances requiring disclosure under the Companies Act, 2013 or SEBI (LODR) Regulations, 2015. He requested the Board to take note of his resignation, file necessary e-forms with the Registrar of Companies, and make required stock exchange disclosures.

Transition and Future Outlook

Mr. Goyal expressed sincere gratitude to the Board, Management, employees, shareholders and other stakeholders for their trust, cooperation and support during his tenure. He wished the company continued success in all future endeavors. The company has maintained full regulatory compliance throughout the transition process, with all required filings completed as per SEBI guidelines and the resignation formally documented in accordance with corporate governance standards.