Royal India Corporation Limited Executive Director Mr. Ikerath Joseph Sam Resigns

Royal india corp has announced the resignation of Mr. Ikerath Joseph Sam from his position as Executive Director (Business Development and Marketing). The resignation became effective on April 16, 2026, after the closure of business hours.

Resignation Details

The company informed the Bombay Stock Exchange on April 17, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Sam submitted his resignation letter on April 16, 2026, citing other commitments and the pursuit of new opportunities as the primary reasons for his departure.

Particulars:	Details
Director Name:	Mr. Ikerath Joseph Sam
DIN:	00089946
Position:	Executive Director (Business Development and Marketing)
Cessation Date:	April 16, 2026
Shareholding:	NIL
Other Directorships:	NIL

Regulatory Compliance

The resignation follows proper regulatory procedures under SEBI guidelines. Mr. Sam confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. The company has assured that the resignation letter will be placed before the Board of Directors in their upcoming meeting for formal consideration and acceptance.

Transition Arrangements

In his resignation letter addressed to Chairman & Managing Director Shri Nitin Gujral, Mr. Sam expressed gratitude for the opportunity to serve the company and indicated his availability for the next one month to complete any required handover or assistance. He acknowledged fulfilling his role with integrity and to the best of his knowledge and ability.

The announcement was signed by Mr. Nitin Gujral, Managing Director (DIN: 08184605), and the information has been made available on the company's website at www.ricl.in for stakeholder reference.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.45%	+9.80%	+35.76%	-17.85%	-14.61%	+833.33%

Royal India Corp has announced a significant increase in promoter shareholding following an open market acquisition of equity shares. The company filed the mandatory disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing the transaction completed on February 24, 2026.

Shareholding Details

The promoter group, comprising Lata Manojkumar Punamiya along with Manojkumar Babulal Punamiya, Aman Manojkumar Punamiya, Hillview Impex Private Limited, and India Corporation Limited, collectively acquired 5,85,514 equity shares through open market purchase.

Parameter	Before Acquisition	After Acquisition	Change
Number of Shares	4,95,11,737	5,00,97,251	+5,85,514
Shareholding Percentage	41.97%	42.46%	+0.49%
Voting Rights	41.97%	42.46%	+0.49%

Transaction Overview

The acquisition represents a 0.496% increase in the promoter group's stake in the company. The shares were purchased through open market transactions, demonstrating the promoters' confidence in the company's prospects.

Detail	Information
Acquisition Mode	Open Market Purchase
Transaction Date	February 24, 2026
Shares Acquired	5,85,514
Percentage Acquired	0.496%

Company Structure

Royal India Corporation Limited maintains its equity structure with no changes to the overall share capital following this transaction. The company's shares continue to be listed on BSE Limited.

Capital Structure	Details
Total Equity Shares	11,79,70,000
Face Value per Share	Rs. 10
Listing Exchange	BSE Limited
Post-Transaction Capital	11,79,70,000 (unchanged)

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Nitin Gujral, Managing Director (DIN: 08184605), ensuring proper corporate governance protocols were followed.

This acquisition strengthens the promoter group's control over Royal India Corporation Limited, with their collective shareholding now standing at 42.46% of the company's total equity capital.