Narinder Pal Singh Shinh and his Persons Acting in Concert (PACs) have disposed of a 2.53% stake in National Standard (India) Ltd through open market transactions. The sale involved 506,685 equity shares, executed on August 18, 2026.

The disposal was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as the change in shareholding exceeded the 2% threshold. The filing was submitted to the BSE Limited on August 21, 2026.

Shareholding Changes

Prior to the transaction, Narinder Pal Singh Shinh held 936,062 shares, representing 4.68% of the company's total voting capital. Following the sale, his individual holding decreased to 429,377 shares, or 2.15%.

The seller is not part of the promoter group. The transaction mode was identified as open market sale. There were no encumbrances, pledges, or liens on the shares sold.

Aggregate Holding

The disclosure includes details for three PACs: Gurpreet Kaur Shinh (spouse), Manita Shinh (daughter), and Harsimran Shinh (daughter). None of the PACs participated in the sale during this period.

The combined holding of the seller and PACs fell from 12.09% to 9.56%. The group's initial shareholding exceeded the 5% threshold, triggering the mandatory disclosure requirement.

What the Numbers Show

The disposal represents a significant reduction in the group's exposure, with the entire sell-off attributed to the primary shareholder, Narinder Pal Singh Shinh. The PACs maintained their positions unchanged, indicating the divestment decision was driven solely by the seller's individual portfolio adjustments rather than a coordinated exit by the family unit.

National Standard (India) Limited has scheduled its 63rd Annual General Meeting (AGM) for Friday, August 28, 2026, at 3:00 pm IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), with the deemed venue located at One Lodha Place in Mumbai. This virtual format allows shareholders to participate and vote without physical presence, aligning with regulatory permissions granted by the Ministry of Corporate Affairs and SEBI.

The company notified the BSE Limited of the meeting schedule on August 4, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was also published in Financial Express (All India Edition) and Mumbai Lakshadeep (Mumbai Edition). The Board of Directors approved the convening of the meeting to transact business as outlined in the official notice.

Shareholders are eligible to vote if their names appear in the Register of Members or Register of Beneficial Owners as of the cut-off date, Friday, August 21, 2026. The remote e-voting facility, facilitated by National Securities Depository Limited (NSDL), commences on Tuesday, August 25, 2026, at 9:00 am IST and concludes on Thursday, August 27, 2026, at 5:00 pm IST. Once the remote voting module is disabled, shareholders attending the AGM via VC/OAVM can cast their votes electronically during the meeting.

The Notice of the AGM and the Annual Report for the financial year 2025-26 were emailed to registered members on Monday, August 3, 2026. Documents are also accessible on the company’s website and the BSE Limited portal. For members who have not registered email addresses, letters containing weblinks to the Annual Report are being dispatched in compliance with Regulation 36 of the Listing Regulations.

Mr. Shrawan A. Gupta, Practicing Company Secretary (CP No. 9990), has been appointed as the Scrutinizer to ensure a fair and transparent voting process. Shareholders holding physical shares are reminded that it is mandatory to furnish PAN, nomination details, contact information, bank account details, and specimen signatures to their Registrar and Transfer Agent, MUFG Intime India Private Limited, as per SEBI Master Circular No. HO/38/13(4)/2026-MIRSD-PD/14298/2026 dated February 6, 2026.