Mahip Industries Limited disclosed that promoter Mamta Rajeevkumar Agarwal disposed of 1,16,000 equity shares through the open market on July 22, 2026. The sale reduced her shareholding in the company from 22.50% to 21.89% of the total voting capital. This transaction represents a 0.60% decrease in her stake and was reported to the Bombay Stock Exchange (BSE) pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure was signed by Rajiv Govindram Agrawal, Whole-Time Director of Mahip Industries Limited, and submitted to the Listing Department of the BSE on July 24, 2026. The filing confirms that the shares were sold in the open market rather than through off-market transfers or block deals. No encumbrances, pledges, or liens were associated with the shares prior to or following the disposal.

Shareholding Changes

The table below details the change in Mamta Rajeevkumar Agarwal’s holding before and after the transaction:

Agarwal remains a part of the promoter group of Mahip Industries Limited. The company’s total equity share capital stands at ₹19,23,99,840, divided into 1,92,39,984 equity shares of ₹10 each. This capital structure remained unchanged by the transaction.

Regulatory Context

Under Regulation 29(2) of the SEBI Takeover Regulations, substantial shareholders are required to disclose any acquisition or disposal of shares exceeding specified thresholds. The filing indicates that no warrants, convertible securities, or other instruments entitling the seller to receive shares were involved in the transaction. Additionally, there were no changes in voting rights otherwise than by shares.

Mahip Industries Limited, formerly known as Care Corupack Ltd, is listed on the BSE under the scrip code 542503. The company’s registered office is located in Dholka, Gujarat, while its corporate office is situated in Ahmedabad. The disclosure serves as a mandatory compliance update for investors regarding changes in promoter holdings.

Mahip Industries Ltd (formerly Care Corupack Ltd) has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed its certificate under Regulation 74(5) of SEBI regulations on April 07, 2026, through Whole-Time Director Rajiv Govindram Agrawal (DIN: 01922581). The submission was made to BSE Limited's Listing Department at Phiroze Jeejeebhoy Towers, Mumbai.

Registrar Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated March 31, 2026. The registrar confirmed that securities received from depository participants for dematerialization up to March 31, 2026 were properly processed and confirmed to the depositories.

The certificate validates that all security certificates received for dematerialization were mutilated and cancelled after due verification by depository participants. Additionally, the names of depositories were substituted in the register of members as registered owners within the mandatory 15-day period of receipt.

Company Information

Mahip Industries Ltd operates with its registered office and unit located at Survey No. 127, Jalalpur (G), Dholka Bagodara Highway, Tal. Dholka Dist Ahmedabad. The company's corporate office is situated at A-902, Safal Solitair, Nr. Divya Bhaskar, Makarba, S.G. Road, Ahmedabad – 380015.

The submission ensures the company remains compliant with SEBI's depositories and participants regulations, maintaining transparency in its dematerialization processes and adherence to stock exchange listing requirements.