Roopa Screen Limited appointed Hari Asnani as an Additional Non-Executive (Professional) Director on October 21, 2026. The move follows the recommendation of the Nomination and Remuneration Committee (NRC).

The appointment is effective immediately but remains subject to approval by shareholders in the ensuing general meeting. The Board meeting commenced at 3:00 pm and concluded at 3:35 pm.

Director profile and expertise

Asnani brings over 40 years of experience across marketing, business development, product development, manufacturing, and renewable energy. He holds a Bachelor's degree in Textiles from The Technological Institute of Textiles and Sciences, Bhiwani, Haryana.

His career includes senior leadership roles at several reputed organizations:

• Indorama Synthetics (India) Limited
• The Bombay Dyeing & Manufacturing Company Limited
• Inox Wind Limited
• Global Wind Power Limited
• Avanti Exim Group

His expertise spans textile fibres and yarns, manufacturing, domestic and export markets, and wind and solar energy projects. He has significant experience in business expansion, strategic planning, revenue growth, product launches, and market development.

Governance disclosures

The company confirmed that Asnani is not related to any existing directors. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Roopa Screen Limited disclosed that Nine ALPS Trust acquired a 6.52% equity stake in the company through allotment in its IPO and secondary market purchases. The transaction involved the acquisition of 7,22,000 shares, marking the acquirer's initial holding in the SME-listed entity.

The disclosure was filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The date of acquisition and receipt of intimation for the allotment was October 1, 2026. Prior to this transaction, the acquirer and persons acting in concert held no shares or voting rights in the company.

Acquisition Details

The acquirer, Nine ALPS Trust- Nine ALPS Opportunity Fund, is managed by Nine ALPS Corporate Advisors LLP. The entity does not belong to the promoter or promoter group category. The acquisition was executed through two modes: allotment in the IPO under the Anchor and QIB categories, and subsequent purchases in the secondary market.

Capital Structure Changes

The company’s equity share capital increased following the IPO allotment. Before the acquisition, the total voting capital stood at ₹8,06,75,000 divided into 80,67,500 equity shares of ₹10 each. After the acquisition, the capital structure expanded to ₹11,06,75,000 divided into 1,10,67,500 equity shares of ₹10 each.

What the Numbers Show

The acquisition represents a significant entry by an institutional investor into Roopa Screen’s shareholding pattern immediately following its listing. The jump from nil holdings to a 6.52% stake indicates strong initial institutional interest, particularly given the dual channel of acquisition via both primary (IPO) and secondary markets. The dilution of existing shareholders' percentage ownership is implicit in the increase of total outstanding shares from 80,67,500 to 1,10,67,500.