Shemaroo Entertainment Limited has disclosed a substantial acquisition of shares following the allotment of 352,500 equity shares to promoter Jai Buddhichand Maroo on March 27, 2026. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition was executed through preferential allotment, with Jai Maroo acquiring 352,500 equity shares representing 1.00% of the company's total share capital. The transaction details are summarized below:

Shareholding Pattern Changes

The acquisition resulted in a significant change in Jai Maroo's shareholding pattern in Shemaroo Entertainment Limited. His total shareholding increased from 1,234,200 shares to 1,586,700 shares.

Company Capital Structure Impact

The preferential allotment expanded Shemaroo Entertainment's equity share capital from 27,320,299 shares to 28,730,299 shares. The company's total diluted share capital after the acquisition stands at 28,730,299 shares, indicating no outstanding convertible securities or warrants.

Regulatory Compliance

Jai Maroo, who serves as Executive Director with DIN 00169399, belongs to the promoter group of Shemaroo Entertainment Limited. The company's shares are listed on both the Bombay Stock Exchange Limited and National Stock Exchange of India Limited. The disclosure was filed on April 06, 2026, in compliance with SEBI regulations governing substantial acquisitions.

The acquisition did not involve any encumbrances such as pledges, liens, or non-disposal undertakings. No voting rights were acquired otherwise than by shares, and no warrants or convertible securities were involved in the transaction.

Shemaroo Entertainment Limited has completed a significant preferential share allotment worth ₹15.51 crores to its promoters and promoter group members. The company's Preferential Issue Committee approved the allotment of 14,10,000 equity shares during its meeting held on March 27, 2026.

Share Allotment Details

The equity shares were issued at ₹110 per share, which includes a face value of ₹10 and a premium of ₹100 per share. The total proceeds from this preferential issue amount to ₹15.51 crores, which will be utilized towards repayment and appropriation of existing unsecured debt.

Allottee Distribution

The shares were distributed equally among four key stakeholders, with each receiving 3,52,500 shares. The allotment was made exclusively to promoters and promoter group members as part of the company's debt restructuring strategy.

Shareholding Impact

The preferential allotment has resulted in changes to the shareholding pattern of key stakeholders. Post-allotment, the combined holding of the two main promoters has increased to over 30% of the company's equity.

SEBI Regulatory Disclosures

Following the share allotment, all four recipients filed mandatory disclosure forms under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on March 30, 2026. The disclosures were submitted to ensure compliance with regulatory requirements for substantial acquisition of shares.

Regulatory Compliance

The preferential issue was conducted in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company received in-principle approval from both BSE and NSE on March 27, 2026, along with shareholders' approval through postal ballot dated March 13, 2026.

Key compliance aspects include:

• Lock-in Requirements: The allotted shares will be subject to lock-in provisions as per SEBI ICDR Regulations, 2018
• Listing Application: The company will apply to stock exchanges for listing and trading approval of the newly allotted shares
• Regulatory Filings: All necessary disclosures have been made in compliance with SEBI regulations

The Preferential Issue Committee meeting commenced at 7:30 PM and concluded at 7:45 PM on March 27, 2026, with Company Secretary Meenakshi A. Pansari overseeing the proceedings and regulatory compliance.