NIBE Limited has submitted a mandatory regulatory disclosure to stock exchanges, confirming that no encumbrance was created on promoter shares during the financial year ended March 31, 2026. The disclosure was filed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance Filing

Promoter Ganesh Ramesh Nibe personally submitted the disclosure to both BSE Limited and National Stock Exchange of India Limited on April 02, 2026. The filing was made on behalf of the promoter and promoter group along with persons acting in concert, with the letter addressed directly to both exchanges.

Promoter Declaration Letter

Ganesh Ramesh Nibe, writing from his residence at Flat No. 1701, Tower No. 09, Belmondo, Near MCA Stadium, Gahunje, Salumbre, Pune, Maharashtra, submitted a formal declaration letter to the exchanges. The letter explicitly states that the promoter and promoter group have not created any encumbrance, directly or indirectly, on shares held during the financial year ended March 31, 2026.

The declaration was digitally signed with comprehensive authentication details, confirming that no shares of the company held by promoters are encumbered or pledged as on March 31, 2026. The letter was copied to the Company Secretary & Compliance Officer and Audit Committee at the company's registered office.

Promoter Group Structure

The company's promoter and promoter group comprises 10 members across different categories, as detailed in the regulatory filing:

Corporate Information

NIBE Limited operates from its registered office located at Plot No E-2/2, Phase III, MIDC Industrial Area, Khed, Chakan, Pune, Maharashtra. The disclosure demonstrates the company's commitment to transparency and regulatory compliance, providing stakeholders with formal confirmation regarding the unencumbered status of promoter shareholdings through proper digital authentication and comprehensive documentation.

Nibe Limited has announced the resignation of its Chief Financial Officer, Mr. Jigar Shah, effective from the close of business hours on April 11, 2026. The resignation was communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details and Timeline

The company filed the intimation on April 11, 2026, confirming Shah's departure from his position as CFO and Key Managerial Personnel. The resignation letter, dated April 15, 2026, was addressed to the Chairman and Managing Director, citing health grounds as the primary reason for his immediate departure.

Regulatory Compliance and Documentation

NIBE Limited has submitted comprehensive documentation to fulfill regulatory requirements. The company provided details as mandated under Schedule III of SEBI regulations, along with compliance to SEBI Circular No. HO/49/14/14(7)2025-CFDP0D2/1/3762/2026 dated January 30, 2026.

Leadership Acknowledgment

In his resignation letter addressed to Chairman and Managing Director Ganesh Nibe, Shah expressed appreciation for the opportunity to serve the company, stating he served "with utmost sincerity and to the best of my ability." He acknowledged the Chairman and Managing Director as "an inspiration" and extended wishes for the company's continued success and future milestones.

Corporate Communication

The resignation announcement was signed by Komal Bhagat, Company Secretary and Compliance Officer (Membership Number: A49751), and digitally authenticated on April 11, 2026. The information has been made available on the company's official website at www.nibelimited.com , ensuring transparency for stakeholders and investors. The filing includes proper digital signatures from both the Company Secretary and Chairman Ganesh Ramesh Nibe for authentication purposes.