Rudra Gas Enterprise Limited has filed its regulatory disclosure under SEBI takeover regulations with BSE Limited, providing detailed information about promoter shareholdings and encumbrances for the financial year ended March 31, 2026. The disclosure was submitted on April 7, 2026, by Managing Director Kush Patel.

Promoter Shareholding Details

The company's promoters and promoter group collectively held 6102800 shares as of March 31, 2026. The disclosure confirms that no encumbrances were made during the financial year other than those already disclosed to the stock exchange.

Pledge Activity During FY26

During the financial year, two promoters made significant pledge transactions. Kush Sureshbhai Patel and Kashyap Sureshbhai Patel each pledged 1016949 shares, representing their first pledging activity as both had nil pledged shares at the beginning of the financial year on April 1, 2025.

Promoter Group Structure

The company's promoter and promoter group structure includes five individuals across two categories:

Promoters:

• Manjulaben Sureshbhai Patel (holding the largest stake with 2070200 shares)
• Kashyap Sureshbhai Patel
• Kush Sureshbhai Patel (also serving as Managing Director)

Promoter Group:

• Avani Kush Patel
• Priyanka Kashyap Patel

Regulatory Compliance

The disclosure was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The company confirmed that all encumbrances made during the financial year were duly disclosed to the stock exchange, maintaining transparency in promoter shareholding activities.

The filing demonstrates the company's commitment to regulatory compliance and transparent disclosure practices regarding promoter shareholding patterns and any changes in encumbrance status throughout the financial year.

Rudra Gas Enterprise Limited has announced a significant strategic acquisition, entering into a Share Purchase Agreement on March 31, 2026, to acquire a 71% stake in DS Pipeline Projects Limited (DSPL). The transaction involves the purchase of 87,53,730 equity shares for a total consideration of ₹18,38,28,330.

Transaction Details

The acquisition represents a substantial investment in the gas pipeline sector, with the company set to gain majority control of DSPL through this strategic purchase. The transaction is structured as a cash consideration deal, with payment to be made through banking channels to the respective sellers.

About DS Pipeline Projects Limited

DSPL is a public limited company incorporated under the Companies Act, 2013, with corporate identification number U45309DL2019PLC355850. The company operates from its registered office at 310, 3rd Floor, Plot No. 15, Nipun Tower Commercial Center, Karkardoma, East Delhi, Delhi – 110092.

The target company specializes in gas pipeline infrastructure, focusing on:

• High-pressure steel gas pipeline laying in city areas
• Medium density polyethylene pipeline installation
• PNG (Piped Natural Gas) connections

Financial Performance Track Record

DSPL has demonstrated consistent revenue growth over the past three financial years, showcasing the strength of its business operations in the gas pipeline sector.

Strategic Rationale and Regulatory Compliance

The acquisition is designed to diversify and inorganically expand Rudra Gas Enterprise's existing business operations. The transaction does not fall within the purview of related party transactions, and the promoter/promoter group has no existing interest in DSPL.

The sellers have obtained all necessary third-party consents in connection with the transaction, with no objections or conditions that would impede the acquisition process. The proposed investment remains subject to completion of customary conditions precedent and obtaining relevant regulatory approvals as may be required under applicable laws.

Timeline and Next Steps

The acquisition is scheduled for completion on May 2, 2026, or such other date as may be mutually agreed between the parties. This date has been designated as the "Closing Date" in the definitive agreement, when Rudra Gas Enterprise will pay the total consideration to the respective sellers for the purchase of shares.