Prabhusar Algotech Private Limited and persons acting in concert (PACs) acquired a 3.98% stake in Purshottam Investofin Limited through open market transactions on August 24, 2026.

The acquisition brings the group’s total shareholding to 5.19% of the target company’s total voting capital. The move was disclosed to the Bombay Stock Exchange (BSE) on August 25, 2026, pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

Prabhusar Algotech Private Limited purchased 2,95,675 equity shares carrying voting rights. Prior to this transaction, the acquirer held only 96 shares, representing a negligible 0.00% stake. The acquisition was executed entirely through open market purchases, with no warrants, convertible securities, or encumbered shares involved.

The group includes Pramod Kumar Jain and Vinita Jain as PACs. Pramod Kumar Jain held 89,741 shares (1.21%) before and after the transaction, while Vinita Jain held 102 shares (0.00%).

Capital Structure Context

Purshottam Investofin Limited has an equity share capital of ₹7,42,32,950, consisting of 74,23,295 equity shares with a face value of ₹10 each. The total diluted voting capital remains unchanged at this figure following the acquisition.

The disclosure confirms that the acquirers do not belong to the promoter or promoter group of the target company. No encumbrances were reported on the acquired or existing shares held by the group.

Purshottam Investofin will hold its 37th Annual General Meeting on Wednesday, September 30, 2026, at 4:30 pm through Video Conferencing or Other Audio Visual Means only. The company confirmed the virtual-only format in a regulatory filing dated August 24, 2026.

The cut-off date for determining voting eligibility is fixed at September 23, 2026. Shareholders can cast votes via the remote e-voting system provided by National Securities Depository Limited from 9:00 am on Saturday, September 26, until 5:00 pm on Tuesday, September 29, 2026. E-voting facilities will also be available during the AGM session itself.

Corporate Action Timeline

The Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, through Wednesday, September 30, 2026, inclusive. This closure facilitates the accurate determination of shareholder eligibility for the meeting.

Document Distribution

In compliance with Regulation 36(1)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, the Notice of AGM and the Annual Report for FY25-26 will be dispatched electronically. These documents will be sent to members with registered email addresses with the company, Depository Participant, or Registrar and Transfer Agent. They will also be hosted on the company website and the BSE Limited portal.

Shareholders without registered email addresses will receive a physical letter containing a QR code and weblink to access the documents at their registered address. Ankit Gupta, Company Secretary and Compliance Officer, signed the intimation.