Mayur Leather Products Limited has received a disclosure from its promoter and Executive Director Rajendra Kumar Poddar regarding the complete divestment of his shareholding in the company. The transaction represents a significant change in the company's promoter holding structure.

Complete Stake Divestment Details

Rajendra Kumar Poddar executed the sale of his entire equity holding through open market transactions on March 16, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Pattern Changes

The transaction resulted in a complete exit of the promoter from his direct shareholding in the company. Prior to this sale, Poddar held 5,47,761 equity shares representing 11.33% of the company's total voting capital.

Company Capital Structure

Mayur Leather Products Limited maintains its equity share capital structure unchanged following this transaction. The company's total equity share capital remains at Rs. 4,83,48,000, comprising 48,34,800 equity shares of Rs. 10 each.

Regulatory Compliance

The disclosure identifies Amita Poddar and Akhilesh Poddar as Persons Acting in Concert (PAC) with the seller. The company's shares are listed on BSE Limited, and all regulatory requirements under the takeover regulations have been fulfilled through proper disclosure to the stock exchange and the company.

Rajendra Kumar Poddar, who served as both promoter and Executive Director of the company, has formally communicated this divestment to BSE Limited and the company's management, ensuring complete transparency in the transaction process.

Mayur Leather Products Limited has announced a significant addition to its leadership team. The company's Board of Directors has approved the appointment of Ms. Monu Toshniwal as the new Company Secretary and Compliance Officer, effective October 25, 2025.

Key Highlights of the Appointment

• Appointment Date: October 25, 2025
• Position: Company Secretary and Compliance Officer
• Approval: Recommended by the Nomination and Remuneration Committee and approved by the Board of Directors
• Regulatory Compliance: First-time appointment under Section 203 of the Companies Act, 2013

Ms. Monu Toshniwal's Professional Profile

Significance of the Appointment

This appointment marks a crucial step for Mayur Leather Products Limited in strengthening its corporate governance structure. As the Company Secretary and Compliance Officer, Ms. Toshniwal will play a vital role in ensuring the company's adherence to regulatory requirements and maintaining effective compliance mechanisms.

Regulatory Compliance

The appointment is in line with the following regulatory frameworks:

• Companies Act, 2013
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI (Prohibition of Insider Trading) Regulations, 2015

Board Meeting Details

The appointment of Ms. Monu Toshniwal is expected to contribute to Mayur Leather Products Limited's corporate governance practices, leveraging her experience in the field of corporate secretarial, legal, and compliance management.