Naresh Kumar Agarwal, a promoter of Lehar Footwears Limited , has increased his shareholding to 20.01% following the transmission of 20,19,170 equity shares. The shares were inherited from the late Mr. Ramesh Chand Agarwal, as disclosed in a regulatory filing submitted to BSE Limited on May 30, 2026. This transaction alters the promoter's control within the footwear manufacturer, bringing his total voting rights ownership above the 20% threshold.

The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this acquisition, Naresh Kumar Agarwal held 15,18,566 shares, which accounted for 8.59% of the total share capital. The transmission of shares occurred on May 29, 2026, effectively doubling the acquirer's stake in the company.

Shareholding Details

The filing outlines the specific changes in the acquirer's holding before and after the transaction. The total equity share capital of Lehar Footwears Limited remains Rs.17,67,87,990, divided into 1,76,78,799 equity shares of Rs. 10 each. There were no changes to the company's diluted share capital or encumbered shares as a result of this transfer.

Transaction Overview

The mode of acquisition was specifically recorded as transmission of shares through inheritance. Naresh Kumar Agarwal confirmed that no other instruments, such as warrants or convertible securities, were involved in the transaction. The acquirer also confirmed that there were no voting rights held otherwise than by shares, nor were there any shares encumbered before or after the acquisition.

The disclosure confirms that the total diluted share and voting capital of the target company remains unchanged at 1,76,78,799 equity shares. The filing was signed and submitted by Naresh Kumar Agarwal in his capacity as a promoter, with the place of recording noted as Jaipur.

Lehar Footwears Limited will host a meeting for institutional investors and analysts on June 8, 2026, in Mumbai. The company stated that no unpublished price sensitive information (UPSI) is intended to be discussed or shared during the interactions. The meeting provides a platform for Portfolio Management Services (PMS), institutional investors, and individual investors to engage with company officials.

The event is scheduled under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to BSE Limited on May 29, 2026, by Ritika Poddar, Company Secretary & Compliance Officer.

The meeting will cover both One-on-One and Group sessions. The schedule is subject to change due to exigencies on the part of the investors, analysts, or the company.

Investors and analysts interested in participating are required to complete prior registration using the link provided by the company. Queries regarding the event can be directed to the investor relations team at ir@leharfootwear.com .