Creative Eye Limited has disclosed that shares held by its late promoter, Mr. Dheeraj Kumar Kochhar, and the Creative Eye Limited Employees Welfare Trust have been frozen by regulatory authorities. This freeze is due to pending compliance requirements that arose following the sudden death of the promoter on July 15, 2025, and changes in the company's management. Consequently, the transmission of shares to the legal heir has not been completed.

The company submitted the yearly disclosure to BSE Limited and National Stock Exchange of India Limited on April 3, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms the status of shareholding for the financial year ended March 31, 2026.

Zuby Kochhar, the legal heir of the late promoter, declared that no encumbrance was created on the shares held by Mr. Dheeraj Kumar Kochhar during FY26. This declaration was made on behalf of the late promoter along with persons acting in concert. The transmission process remains stalled as the shares continue to be frozen.

In a separate disclosure, Zuby Kochhar, as the Trustee of the Creative Eye Limited Employees Welfare Trust, confirmed that the Trust also did not create any encumbrance on its shares during the financial year. The Trust's shares are similarly frozen by regulatory authorities due to the ongoing compliance issues.

Zuby Kochhar, identified as a Promoter of Creative Eye Limited, also provided a personal declaration confirming the absence of encumbrances on individual shareholdings during FY26. The promoter affirmed that neither they nor persons acting in concert created any encumbrance on the shares held directly or indirectly.

The following table summarizes the disclosures made regarding the shareholding status:

Creative Eye Limited has informed the exchanges that its board will meet on May 26, 2026, to discuss the audited financial results for the quarter and financial year ended March 31, 2026. The meeting is scheduled to be held at the company's registered office in Mumbai at 2:30 P.M.

The agenda for the meeting includes the approval of the audited financial results along with the Auditors' Report. The board will also consider the statement detailing Related Party Transactions for the quarter ended March 31, 2026.

Board Appointments

Apart from the financial results, the directors will deliberate on key personnel changes. The board proposes the re-appointment of Ms. Zuby Kochhar as Whole Time Director. Furthermore, it will consider the appointment of Mr. Praful Jadavji Shah as an additional director in the capacity of Non-executive Independent Director.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has closed the trading window for its securities. This restriction applies to all Directors, Officers, Designated Persons, and Specified Connected Persons of the company. The window closed on April 1, 2026, and will remain shut until 48 hours after the announcement of the audited financial results.