Retaggio Ventures LLP, a promoter group entity, increased its shareholding in retaggio industries to 2.22% through the conversion of warrants. The entity acquired 1,70,000 equity shares on June 18, 2026, via preferential allotment. Savinay Lodha, Designated Partner of Retaggio Ventures LLP, disclosed this change to BSE Limited on June 19, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this acquisition, the acquirer held 2,70,000 equity shares and 26,10,000 warrants. Following the allotment, the entity's holding of equity shares rose to 4,40,000, while the outstanding warrants decreased to 24,40,000. The warrants were converted at a 1:1 ratio, with each warrant entitling the holder to one equity share of face value Rs. 10 each at a premium of Rs. 16 per warrant.

Details of Acquisition

The following table outlines the specifics of the transaction:

The equity share capital of Retaggio Industries Ltd increased from Rs. 19,53,61,600 to Rs. 19,80,81,600 post-acquisition. The total diluted share capital stands at Rs. 34,67,61,600. The filing confirmed that no derivatives trading activity occurred in the company's securities during this period.

Retaggio Industries Limited has secured shareholder approval to revise the remuneration of its Managing Director, Mr. Savinay Lodha, effective from April 01, 2026. The resolution was passed through a postal ballot conducted via remote e-voting, with the results declared on June 03, 2026. This approval adjusts the compensation package for the company's top executive, a move that required member consent under regulatory frameworks.

The postal ballot process was initiated following a notice dated April 15, 2026, and was conducted in compliance with the Companies Act, 2013, and regulations set by the Securities and Exchange Board of India (SEBI). The company engaged National Securities Depository Limited (NSDL) as the e-voting service provider to facilitate the remote voting process. The resolution was deemed passed on the last date of remote e-voting, which concluded on June 03, 2026.

The special resolution sought consent specifically for the revision in remuneration for Mr. Savinay Lodha (DIN: 02634124). The notice and explanatory statements were dispatched to shareholders whose email addresses were registered with Bigshare Services Private Limited, the company's Registrar and Transfer Agent, as of the cut-off date of April 24, 2026. A public advertisement regarding the dispatch of the notice was published in Business Standard and Prathakal on May 06, 2026.

Scrutinizer's Report Findings

Nishant Bajaj & Associates, Practicing Company Secretaries, were appointed as the Scrutinizer to oversee the postal ballot process. The firm confirmed that the remote e-voting period commenced on May 05, 2026, and concluded on June 03, 2026. The report noted that hard copies of the notice were not sent to members in accordance with Ministry of Corporate Affairs (MCA) Circulars, and communication took place solely through the remote e-voting system.

Summary of Postal Ballot Proceedings

The proceedings of the postal ballot were submitted to BSE Limited, referencing Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed the successful passage of the special resolution regarding the Managing Director's remuneration.

The scrutinizer's report detailed the voting outcome, indicating that the resolution received unanimous support from the participating members.