Sai Business and Consultancy Systems Private Limited has announced the release of pledge on equity shares held in Sai Capital Limited, marking a significant corporate development in share encumbrance management. The company submitted its disclosure to BSE Limited on April 24, 2026, in compliance with regulatory requirements under SEBI Takeover Regulations.

Pledge Release Details

The company has released the pledge on 3,36,900 equity shares of face value ₹10 each held in Sai Capital Limited. The pledge release was executed on April 22, 2026, and the formal disclosure was made to the stock exchange two days later.

Impact on Total Holdings

Following the pledge release, Sai Business and Consultancy Systems Private Limited's entire holding of 3,62,600 equity shares in Sai Capital Limited is now completely free from any encumbrance. This represents the company's total shareholding in the target company without any restrictions or pledges.

Regulatory Compliance

The disclosure was made under Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company submitted the requisite disclosure in the prescribed format to BSE Limited, where Sai Capital Limited's shares are listed under scrip code 531931.

Promoter Holdings Overview

According to the regulatory filing, the promoter group holdings in Sai Capital Limited include various entities with different shareholding percentages:

The disclosure was signed by Dr. Niraj Kumar Singh, Director of Sai Business and Consultancy Systems Private Limited, with DIN 00233396. The company is registered in New Delhi and operates under CIN U74899DL1986PTC024951.

Sai Capital Limited has announced the re-appointment of an Independent Director on the board of its material subsidiary, demonstrating continued focus on corporate governance and board composition. The development was communicated to BSE Limited on April 16, 2026, in accordance with regulatory requirements.

Director Re-appointment Details

The members of M/s. Health Care Energy Foods Private Limited, a material subsidiary of Sai Capital Limited, have approved the re-appointment of Mrs. Kamlesh Gupta as an Independent Director on its board. This marks her second term in the position, reflecting confidence in her continued contribution to the subsidiary's governance.

Regulatory Compliance

The intimation was made under Regulation 24(1) read with Regulation 30(9) of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015. This regulatory framework mandates listed companies to disclose material developments related to their subsidiaries, particularly regarding board appointments and changes in key personnel.

Corporate Structure

Mrs. Kamlesh Gupta serves as an Independent Director of Sai Capital Limited and will continue in a similar capacity at the material subsidiary. The re-appointment ensures continuity in governance oversight and maintains the independent director representation on the subsidiary's board. The communication was signed by Dr. Niraj Kumar Singh, Chairman & Managing Director of Sai Capital Limited, emphasizing the importance of this governance development.