Pratik Saraogi has formally disclosed his acquisition of a substantial stake in Milgrey Finance & Investments Ltd through a comprehensive regulatory filing under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The disclosure, dated March 25, 2026, details the acquisition of 30,00,000 equity shares representing 13.93% of the company's total voting capital through open market operations.

Regulatory Disclosure Framework

The acquisition was disclosed pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. Saraogi submitted the formal disclosure to both BSE Limited and Milgrey Finance & Investments Ltd on March 25, 2026, confirming his compliance with regulatory requirements for substantial shareholding disclosures.

Acquisition Transaction Details

The transaction involved the purchase of 30,00,000 equity shares through open market operations. Prior to this acquisition, Saraogi held no shares in the company, making this his initial investment in Milgrey Finance & Investments Ltd.

Company Capital Structure

Milgrey Finance & Investments Ltd maintains a stable equity structure with 2,15,41,250 equity shares of Rs. 10 each, totaling Rs. 22,15,41,250 in equity share capital. The company is listed on BSE Limited with scrip code 511018.

Compliance and Shareholding Structure

The disclosure confirms that Saraogi does not belong to the promoter or promoter group of the target company. The acquisition did not involve any voting rights other than equity shares, warrants, convertible securities, or encumbered shares. All acquired shares are free from any pledge, lien, or non-disposal undertaking.

The formal documentation includes Saraogi's contact details at B/3501, Lodha World View, World Towers, S.B. Marg, Lower Parel, Mumbai-400013, with email correspondence at prsaraogi@gmail.com . The filing was executed from Navi Mumbai and submitted to the company's registered address at 31, Whispering Palms Shopping Centre, Lokhandwala, Kandivali(E), Mumbai-400101.

Milgrey finance & investments Ltd has announced significant corporate developments following its board meeting held on January 29, 2026. The board meeting, which commenced at 5 PM and concluded at 6:10 PM, resulted in two major strategic decisions that will reshape the company's capital structure and business operations.

Board Approves Share Capital Enhancement

The board of directors approved a substantial increase in the company's authorized share capital structure. The proposal involves expanding the authorized share capital from the current Rs. 36 crore to Rs. 65 crore, representing a significant enhancement in the company's capital base.

Memorandum of Association Alteration for VDA Operations

The board approved comprehensive alterations to the company's Memorandum of Association to include Virtual Digital Assets (VDAs) as a new main business object. This strategic expansion will enable the company to operate in the cryptocurrency and blockchain technology sector.

Core VDA Business Activities

The new main object encompasses a broad range of digital asset operations:

• Acquisition, holding, investment, and management of Virtual Digital Assets including Bitcoin, cryptocurrencies, digital tokens, and non-fungible tokens
• Operations involving stable coins and digital representations of value created through blockchain and distributed ledger technologies
• Strategic, operational, treasury, and investment purposes for VDA holdings

Ancillary Operations Framework

The company will implement comprehensive ancillary operations to support its VDA business:

Infrastructure and Management:

• Formulation and implementation of internal VDA policies
• Appointment of custodians, trustees, exchanges, and wallet-service providers
• Management of digital wallets, custodial accounts, and multi-signature wallets

Investment and Treasury Operations:

• Investment in VDA-denominated instruments and staking pools
• Hedging and risk-mitigation strategies for VDA holdings
• Treasury management including derivatives and insurance instruments

Compliance and Regulatory Framework:

• Compliance with KYC, AML/CFT, and PMLA obligations
• Regulatory filings, disclosures, and reporting requirements
• Valuation and accounting of VDAs per applicable standards

Strategic Positioning and Implementation

The approved alterations position Milgrey Finance to participate in various aspects of the digital asset ecosystem. The company will be authorized to engage with blockchain networks, VDA protocols, validators, and DeFi technology providers. Additionally, the framework allows for financing, lending, and collateralization of VDAs subject to applicable legal requirements and board approval.

Both the share capital increase and MOA alterations are subject to approval from shareholders and other applicable regulatory authorities. These strategic decisions reflect the company's commitment to expanding its business operations into emerging financial technologies while strengthening its capital foundation for future growth initiatives.