Signet Industries promoter Mukesh Sangla acquired 10,880 equity shares from the open market on September 4, 2026. The purchase increases his stake to 4.51% from 4.48%, with no shares pledged or encumbered.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the National Stock Exchange and Bombay Stock Exchange on September 8, 2026.

Holding Details

Sangla held 1,317,754 shares carrying voting rights before the transaction. After purchasing an additional 10,880 shares, his total holding stands at 1,328,634 shares.

The total equity share capital of Signet Industries remained unchanged at 29,437,000 shares following the transaction. There were no changes in warrants, convertible securities, or voting rights otherwise than by shares.

Signet Industries has appointed M/s Shilpesh Dalal & Co. as its Secretarial Auditor for a five-year term commencing from FY27. The appointment follows a board meeting held on September 5, 2026, and is subject to shareholder approval at the ensuing Annual General Meeting.

The firm replaces M/s M. Maheshwari & Associates, whose resignation was confirmed during the same meeting. The new mandate covers financial years 2026-27 through 2030-31.

Appointment Details

The Board of Directors approved the appointment based on the recommendation of the Audit Committee. The decision aligns with recent amendments to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Profile

M/s Shilpesh Dalal & Co., based in Indore, Madhya Pradesh, holds Firm U.C.N. S2001MP041200. Established in September 2001, the firm has over 25 years of professional standing in company secretarial functions and corporate governance.

The firm’s expertise includes:

• Companies Act compliance
• Secretarial audits
• SEBI and stock exchange compliances
• IPO-related compliances
• Representation before the National Company Law Tribunal (NCLT)

The company disclosed these details under Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/CFD/PoD2/P/0155 dated November 11, 2024.