Integrated Capital Services Limited shareholder Rajeev Kumar Deora increased his equity holding to 9.008% following the receipt of 3,98,550 shares as a gift on October 16, 2026.

The acquisition was executed via an inter-se transfer from his brother, Arun Deora. Prior to this transaction, Rajeev Kumar Deora held 28,06,890 shares, representing 7.881% of the company's total equity share capital. The demat advice for the gift was deposited with MLB Capital Private Limited, the agency holding his demat account.

Shareholding Details

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer is not part of the promoter or promoter group. The total equity share capital of the company remains unchanged at ₹3,55,84,000, comprising 3,55,84,000 equity shares with a face value of ₹1 each.

Transaction Specifics

The mode of acquisition is classified as a gift of equity shares. The date of receipt of intimation regarding the allotment/credit of shares corresponds to October 16, 2026, when the demat slip was handed over to the depository participant. The filing was submitted within two days of this event, adhering to regulatory timelines.

What the Numbers Show

The transaction highlights a consolidation of family-held stakes rather than a market-based accumulation. With no encumbrances such as pledges or liens reported before or after the transaction, the entire holding of 32,05,440 shares represents free and clear ownership. The increase of 1.12% in ownership percentage reflects a direct transfer between related parties, keeping the total share capital constant while shifting beneficial ownership within the same family unit.

Integrated Capital Services Limited shareholders approved all proposed resolutions at its 33rd Annual General Meeting held on September 30, 2026. The meeting was conducted via Video Conferencing and Other Audio-Visual Means.

The scrutinizer's report confirmed overwhelming support for the adoption of audited financial statements for FY26 and the reappointment of Sajeve Bhushan Deora as Chairman and Director. Voting was conducted through remote e-voting and electronic voting during the AGM, facilitated by National Securities Depository Limited (NSDL).

Voting outcomes

The consolidated results indicate near-unanimous approval for both ordinary resolutions. For Resolution No. 1, regarding the adoption of audited financial statements and reports of the Board of Directors and Auditors for the financial year ended March 31, 2026, 99.99991% of votes cast were in assent.

Resolution No. 2, concerning the reappointment of Sajeve Bhushan Deora (DIN: 00003305) as a director retiring by rotation, received 99.99975% votes in assent. Dissenting votes remained negligible in both instances.

Procedural details

The remote e-voting period was open from September 26, 2026, to September 29, 2026. Members holding shares as of the cut-off date, September 23, 2026, were eligible to vote. Rajesh Lakhanpal, Partner of DR Associates, served as the scrutinizer for the voting process.