The promoter group of Sattva Sukun Lifecare has reduced its stake in the company following an on-market share disposal. Roshan Dealmark Private Limited sold 14,00,000 equity shares on September 3, 2026.

This transaction brings the consolidated holding of the promoters and persons acting in concert to 2,31,29,777 shares, representing 6.02% of the total voting capital. The disposal was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Transaction Details

Roshan Dealmark Private Limited, a key entity within the promoter group alongside Puja Agarwal, executed the sale entirely through on-market mechanisms. Prior to this transaction, the group held 2,45,29,777 shares, accounting for 6.39% of the company’s paid-up capital. The company, formerly known as Sattva Sukun Lifecare Limited, is now listed as Tavexia Lifecare Limited on the Bombay Stock Exchange.

The paid-up capital of Tavexia Lifecare Limited remains unchanged at ₹38,36,01,248, comprising 38,36,01,248 equity shares of ₹1 each. There were no encumbrances or pledges associated with the shares held by the promoter group before or after the transaction.

What the Numbers Show

The reduction in stake is concentrated solely within Roshan Dealmark Private Limited. While Roshan Dealmark’s holding decreased by 14,00,000 shares to 2,30,49,777, the holding of Puja Agarwal remained static at 80,000 shares. This indicates a targeted liquidity event for the corporate promoter entity rather than a broad-based exit by all promoter group members.

Tavexia Lifecare Limited has adjourned its board meeting originally scheduled for September 4, 2026, to September 7, 2026.

The company, formerly known as Sattva Sukun Lifecare Limited, cited unavoidable circumstances for the postponement. The meeting will now convene at its registered office in Mumbai on the new date.

Governance and Compliance

The agenda for the rescheduled meeting remains unchanged from the original intimation. The board will consider several critical compliance matters under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key items on the agenda include:

• Approval of the Board Report, Corporate Governance Report, and Management Discussion and Analysis for FY26.
• Consideration of the Secretarial Auditor Report for FY2025-26.
• Proposal for the re-appointment of Mrs. Khushboo Vasudev as an Independent Director for a second term of five years, subject to shareholder approval.
• Setting specific limits for material related-party transactions under Section 188 of the Companies Act, 2013.

AGM Logistics

The meeting will also determine the logistical details for the upcoming AGM. This includes fixing the date, time, and venue for the event, as well as determining the closure dates for the Register of Members and Transfer Books to facilitate e-voting.

The board will appoint a scrutinizer to oversee the e-voting and poll processes. Additionally, the Managing Director or Company Secretary will be authorized to issue the AGM notice and manage the conduct of the meeting.