Sainik Finance & Industries has appointed M/s. Payal Sharma as the scrutinizer for its 34th Annual General Meeting (AGM). The Board of Directors approved the appointment during a meeting held on August 12, 2026, ensuring independent oversight of the e-voting process in accordance with regulatory requirements.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed the BSE Limited, where it is listed under Scrip Code 530265, of the decision on the same day. Piyush Garg, Company Secretary & Compliance Officer, signed the intimation filed with the exchange.

M/s. Payal Sharma is a practicing company secretary firm established in 2008. Led by Mrs. Payal Sharma, a Fellow member of the Institute of Company Secretaries of India (ICSI), the firm specializes in secretarial, legal, and business advisory services. Mrs. Sharma brings over 17 years of experience in governance and statutory compliance.

Scrutinizer Credentials

The following details outline the credentials of the appointed scrutinizer:

Scope of Appointment

The primary responsibility of the scrutinizer is to monitor the entire process of voting and e-voting for the 34th AGM. This role ensures that the voting mechanism remains fair, transparent, and compliant with statutory norms. The company confirmed that there is no relation between the appointed firm and any of the directors of Sainik Finance & Industries Limited, thereby maintaining independence in the scrutiny process.

Promoters of sainik finance & industries acquired shares through an off-market inter-se transfer on March 30, 2026. The acquirers submitted revised disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to BSE Limited on July 18, 2026. The filing updates the shareholding details following the transaction involving multiple promoter group members.

The disclosures detail the acquisition of shares by several acquirers, including Vritpal Sindhu, Abhimanyu Sindhu, Satyapal Sindhu, Dev Sindhu, Saurabh Sindhu, Sarvesh Sindhu, Somvir Sindhu, Shashi Sindhu, and Anika Sindhu. The shares were acquired from Kuldeep Singh Solanki, who sold his entire holding of 2,503,982 shares, representing 23.01% of the total share capital. Following the sale, Solanki's holding in the company reduced to zero.

Acquisition Details

The transaction involved the transfer of shares among the promoter group members. The mode of acquisition was classified as an off-market inter-se transfer. The equity share capital of the target company remained unchanged at Rs. 10,88,00,000, consisting of 10,880,000 equity shares of Rs. 10 each, both before and after the acquisition.

Shareholding Changes

The table below summarizes the changes in shareholding for the key acquirers involved in the transaction:

The revised disclosures were signed by the respective acquirers and the seller on July 18, 2026, in Delhi. The filings were submitted to the Company Secretary & Compliance Officer of Sainik Finance & Industries Limited.