Savita Oil Technologies Promoter Increases Stake Through Open Market Purchase

Savita Oil Technologies promoter Siddharth G. Mehra has increased his stake in the company through an open market purchase of equity shares. The transaction was disclosed under SEBI regulations governing substantial acquisition of shares and takeovers.

Share Acquisition Details

Mr. Siddharth G. Mehra, who serves as both promoter and whole-time director of the company, acquired 15,500 equity shares on 17th March, 2026. The acquisition represents 0.02% of the company's total share capital.

Parameter	Before Acquisition	Acquisition	After Acquisition
Number of Shares	77,915	15,500	93,415
Percentage Holding	0.11%	0.02%	0.13%
% of Diluted Capital	0.11%	0.02%	0.13%

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The acquisition was conducted through open market purchase, and the information has been submitted to both BSE Limited and National Stock Exchange of India Limited where the company's shares are listed.

Company Capital Structure

The company's equity share capital remained unchanged following the transaction:

Capital Details	Amount
Equity Share Capital Before Acquisition	Rs.13,71,20,830
Equity Share Capital After Acquisition	Rs.13,71,20,830
Total Diluted Share Capital	Rs.13,71,20,830

Transaction Summary

The promoter's acquisition demonstrates continued confidence in the company's prospects. Mr. Mehra's shareholding increased marginally from 0.11% to 0.13% of the total voting capital. The transaction involved only equity shares carrying voting rights, with no involvement of encumbered shares, warrants, or convertible securities.

The disclosure confirms that no shares were encumbered and no voting rights were acquired through instruments other than equity shares. The company trades on BSE under scrip code 524667 and on NSE under the symbol SOTL.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.65%	-0.39%	-11.00%	-20.02%	-16.89%	+59.50%

Savita Oil Technologies Limited has announced the sad demise of Mr. Vishal Sood, Executive Director, who passed away on Tuesday, March 3, 2026. The company filed the mandatory regulatory disclosure under SEBI regulations on March 4, 2026.

Regulatory Disclosure Details

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was submitted to both BSE Limited and National Stock Exchange of India Limited as required under regulatory compliance.

Executive's Career Journey

Mr. Vishal Sood had a notable tenure with the company, beginning his association in June 2021 when he joined as President – Lube Division. His career progression within the organization culminated in his appointment as Executive Director with effect from August 27, 2024.

Regulatory Compliance Information

The company provided detailed information as required under SEBI regulations:

Particulars	Details
Reason for Change	Death
Date of Cessation	Tuesday, March 3, 2026
Regulatory Framework	SEBI (LODR) Regulations, 2015
Filing Date	March 4, 2026

Company Response

All directors and employees of Savita Oil Technologies Limited have conveyed their deep sympathy, sorrow, and condolences to Mr. Sood's family during this difficult time. The disclosure was signed by Uday C. Rege, Company Secretary & Chief Legal Officer, who serves as the Compliance Officer for the company.

The company has ensured full compliance with regulatory requirements by providing all necessary details as mandated under SEBI circular guidelines dated January 30, 2026.