Mayur Uniquoters Limited promoter Kiran Poddar acquired 1,000 equity shares of the company on September 22, 2026, through the open market. This transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition represents a minor addition to the promoter group's overall stake. Following the purchase, the total holding of the promoter and promoter group stands at 25,539,433 shares, constituting 58.78% of the company's total voting capital.

Transaction Details

The disclosure highlights that the acquisition was executed via the stock exchange in the open market. The face value of each equity share is ₹5. The total equity share capital of the company remains unchanged at ₹21,72,63,000, divided into 4,34,52,600 equity shares.

Promoter Group Composition

The promoter group comprises several individuals, with Suresh Kumar Poddar holding the largest stake. The detailed breakdown of holdings before and after the transaction is as follows:

• Suresh Kumar Poddar: Holds 17,582,126 shares (40.46%).
• Manav Poddar: Holds 6,859,158 shares (15.79%).
• Puja Poddar: Holds 678,163 shares (1.56%).
• Arun Bagaria: Holds 332,645 shares (0.77%).
• Dolly Bagaria: Holds 2,614 shares (0.01%).
• Kiran Poddar: Increased holding to 84,727 shares (0.195%).

What the Numbers Show

The acquisition by Kiran Poddar accounts for a negligible 0.002% increase in his individual stake. While the absolute number of shares purchased is small relative to the total capital, it reflects continued participation by the promoter group in the open market. The overall promoter holding increased marginally from 58.77% to 58.78%, indicating a stable control structure with no significant shift in ownership concentration.

Mayur Uniquoters Limited shareholders rejected the re-appointment of Arun Bagaria as Whole Time Director designated as Executive Director during its 33rd Annual General Meeting held on September 18, 2026. The special resolution required a 75% majority but secured only 70.44% support, failing to pass.

The meeting, conducted via video conferencing from Jaipur, saw participation from 124 members, including five promoters and 119 public shareholders. Chairman and Managing Director Suresh Kumar Poddar was unable to speak due to health reasons; Arun Bagaria addressed the meeting on his behalf.

Key Resolutions Passed and Rejected

Shareholders approved five of the six resolutions placed before them. These included the adoption of standalone and consolidated audited financial statements for FY26, the declaration of a ₹6 final dividend, and the ratification of the cost auditor’s remuneration for FY27. Vinod Kumar Haritwal was appointed as an Independent Director.

Mr. Bagaria was re-appointed as a director retiring by rotation under an ordinary resolution, which passed with 70.40% support. However, the separate special resolution to designate him as Executive Director w.e.f. August 1, 2027, failed despite receiving 19.76 million votes in favour.

Voting Breakdown

The failure of the executive director resolution stemmed from significant opposition within both promoter and institutional blocks. Promoter group shareholders voted against the resolution with 29.51% dissent, while public institutional holders showed 35.92% opposition. Public non-institutional shareholders largely supported the move, with only 0.05% voting against.

In contrast, the appointment of Mr. Haritwal as Independent Director passed comfortably with 99.38% support. Promoters voted unanimously in favour, while public institutions showed 8.29% dissent.

New Director Profile

Mr. Haritwal (DIN: 00588079) is a Commerce Graduate and LLB holder with a Diploma in Gem Mining from Australia. He brings extensive experience in directorships involving joint ventures with the governments of Orissa, Zambia, and Zimbabwe.

He holds memberships through his companies in the Confederation of Indian Industry (CII), Indian Green Building Conference (IGBC), Indian Rubber Materials Research Institute (IRMRI), All India Rubber Industries Association (AIRIA), Federation of Mining Association of Rajasthan (FOMAR), and Confederation of Real Estate Developers of India (CREDAI). Mr. Haritwal is not related to any existing director of the company and is not debarred from holding office by SEBI or other authorities.

Governance and Compliance

The Company Secretary confirmed that statutory and secretarial auditors issued their reports without any qualification remarks. E-voting facilities were provided through Central Depository Services (India) Limited, with remote voting conducted between September 14 and September 17, 2026. CS Manoj Maheshwari served as the scrutinizer for the e-voting process.

The results of the voting, along with the scrutinizer’s report dated September 21, 2026, were submitted to the stock exchanges and made available on the company’s website.