Shri Bajrang Alliance exits LLP to optimize capital

Shri Bajrang Alliance Limited ceased to be a partner of Shri Bajrang Chemical Distillery LLP (SBCD LLP) effective 26 June 2026, concluding the withdrawal of its entire 16% partnership interest. The company stated this strategic move aims to optimize capital allocation, enhance financial flexibility, and redeploy resources towards its core business operations, including the Food Business and Steel Rolling Business. The transaction was undertaken with the continuing partners, who belong to the promoter group, on an arm's length basis.

The withdrawal was approved by the Audit Committee and the Board of Directors of Shri Bajrang Alliance Limited on 24 June 2026. Subsequently, the partners of SBCD LLP approved the withdrawal and executed a Fresh LLP Agreement on 26 June 2026. The capital contribution of the company in the LLP has been fully withdrawn and settled pursuant to the reconstitution. There was no transfer of interest to any external third party.

Transaction Details

Particulars	Details
Name of Entity	Shri Bajrang Chemical Distillery LLP
Date of Completion	26 June 2026
Pre-transaction Interest	16%
Post-transaction Interest	Nil
Mode of Transaction	Reconstitution of LLP through execution of Fresh LLP Agreement
Related Party Transaction	Yes
Arm's Length	Yes

The company expects the transaction to improve capital efficiency and its liquidity position. The disclosure was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.62%	-4.52%	-9.46%	+4.68%	+4.68%	+4.68%

Narendra Goel has resigned as Director and Chairman of Shri Bajrang Alliance Limited effective June 8, 2026, due to pre-occupation with other commitments. The resignation was received by the company on June 8, 2026, and became effective from the close of business hours on the same day. Goel confirmed that there are no material reasons for his resignation other than the inability to devote sufficient time to the company's affairs.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the required details, including the reason for cessation and the date of resignation, in Annexure-A as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Resignation Details

The following table outlines the key particulars of the resignation disclosed by the company:

Particulars	Details
Reason for change	Mr. Narendra Goel (DIN: 00115883), Executive Director and Chairman, resigned due to pre-occupation with other commitments and inability to devote sufficient time to the affairs of the Company.
Date of cessation	Close of business hours on 08 June 2026
Brief Profile	Not Applicable
Disclosure of relationships	Not Applicable
Letter of Resignation	Enclosed

Goel requested the Board to arrange for the filing of necessary forms and intimations with the Registrar of Companies and other regulatory authorities. He expressed gratitude to the Board, management, and stakeholders for their support during his tenure.