Shri Gang Industries and Allied Products Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI's depository regulations for the quarter ending March 31, 2026.

Regulatory Compliance Filing

The company submitted the mandatory certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 06, 2026. The filing was signed by Kanishka Jain, Company Secretary and Compliance Officer, and addressed to BSE Limited at Phiroze Jeejeebhoy Towers, Mumbai.

Certificate Confirmation

The certificate was prepared by M/s Beetal Financial & Computer Services Pvt. Ltd., the company's SEBI-approved Registrar and Share Transfer Agent (Registration No.: INR 000000262). Beetal Financial confirmed compliance with dematerialization procedures for the quarter ended March 2026.

The certificate, dated April 03, 2026, and signed by Punit Mittal, General Manager at Beetal Financial, provides confirmation of proper handling of securities received from Depository Participants during the quarter.

Dematerialization Process Compliance

Beetal Financial confirmed that all securities received for dematerialization during the quarter were properly processed according to regulatory requirements. The certificate states that:

• Securities received from Depository Participants were confirmed (accepted/rejected) to the depositories
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the prescribed 15-day timeframe

Company Information

Shri Gang Industries and Allied Products Limited operates from multiple locations across Uttar Pradesh and Delhi. The company maintains its corporate office at F-32/3, Okhla Industrial Area, Phase-II, New Delhi, with its registered office and works located at UPSIDC Industrial Area in Sandila, District Hardoi, Uttar Pradesh. The company also operates additional works at Sikandrabad, Bulandshahar, Uttar Pradesh.

Suraj Industries Ltd has acquired 3,99,800 equity shares of Shri Gang Industries and Allied Products Limited through off-market inter-se transfers from promoters Ritesh Gupta and Vikas Gupta. The acquisition, disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was filed on April 01, 2026.

Acquisition Details

Suraj Industries executed the acquisition through multiple transactions between September 2025 and March 2026:

All transactions were conducted through off-market inter-se transfers among the promoter group, with March 30, 2026, being the last date triggering the disclosure requirement.

Shareholding Pattern Changes

The acquisition significantly altered the shareholding structure of Shri Gang Industries:

Following these transactions, Ritesh Gupta and Vikas Gupta no longer hold direct equity stakes in Shri Gang Industries, having transferred their entire holdings to Suraj Industries.

Capital Structure Updates

Shri Gang Industries' equity share capital increased during this period from Rs. 17,93,00,000 comprising 1,79,30,000 equity shares to Rs. 19,98,00,000 comprising 1,99,80,000 equity shares of Rs. 10 each. This increase resulted from the allotment of 2,50,000 new equity shares on March 30, 2026, pursuant to conversion of 2,50,000 compulsorily convertible preference shares.

Diluted Share Capital

The total diluted share capital stands at Rs. 22,21,75,060 divided into 2,22,17,506 securities, including:

Additionally, Express Infra Financial Consultancy Private Limited, a PAC, holds 3,63,131 convertible securities representing 1.63% of the diluted capital.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Suraj Industries belongs to the promoter/promoter group of Shri Gang Industries, and the shares are listed on BSE Limited. The acquisition represents a strategic consolidation within the promoter group structure.