Simran Farms Limited has communicated to BSE Limited regarding a special regulatory initiative by the Securities and Exchange Board of India (SEBI). The intimation, filed on May 8, 2026, pertains to SEBI's circular bearing reference no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, titled "Ease of Doing Investment – Special Window for Transfer and Dematerialisation of Physical Securities."

SEBI Special Window: Key Details

The SEBI circular establishes a dedicated special window enabling the transfer and dematerialisation of physical securities that were sold or purchased prior to April 01, 2019. The following table summarises the key parameters of this facility:

Eligibility and Scope

The special window is also applicable to transfer requests that were previously submitted but were rejected, returned, or remained unattended owing to deficiencies in documentation or procedural requirements. This broadened scope ensures that shareholders who faced earlier procedural hurdles are also covered under this facility.

Key conditions applicable to securities transferred under this window include:

• Securities shall be mandatorily credited to the transferee in demat mode only
• Transferred securities will be under lock-in for a period of one year from the date of registration of transfer
• During the lock-in period, such securities shall not be transferred, lien marked, or pledged

Shareholder Action Required

Simran Farms has requested its shareholders to utilise this opportunity by submitting the required documents, as specified in the SEBI circular, to the company's Registrar and Share Transfer Agents (RTA):

Shareholders seeking further information may refer to the SEBI circular available on the SEBI website or reach out to the RTA or the company's compliance officer directly. The intimation was digitally signed by CS Tanu Parmar, Compliance Officer of Simran Farms Limited, on May 8, 2026.

Simran Farms promoters and promoter group have successfully increased their collective shareholding in the company through the conversion of warrants into equity shares. The transaction, completed on March 30, 2026, resulted in the promoter group's stake rising from 37.32% to 42.27%.

Warrant Conversion Details

The Board of Directors of Simran Farms allotted 6,18,300 fully paid-up equity shares of Rs 10 each to the promoter and promoter group upon conversion of an equivalent number of warrants. The conversion was executed following the payment of the remaining consideration amount.

Shareholding Changes

The warrant conversion significantly altered the company's shareholding structure and increased the promoter group's control over the company.

Key Promoter Holdings

Among the promoter group members, several individuals received significant share allotments through the warrant conversion process:

• Harpal Singh Bhatia: Received 1,53,385 shares, increasing holding to 1,75,385 shares (3.65%)
• Dilraj Singh Bhatia: Allocated 78,636 shares, raising stake to 88,236 shares (1.83%)
• Kawaljeet Singh Bhatia: Converted 77,132 warrants, boosting holding to 1,61,532 shares (3.36%)
• Gurmeet Singh Bhatia: Received 60,183 shares, increasing stake to 1,25,283 shares (2.60%)
• Amarjeet Singh Bhatia: Allotted 60,500 shares, raising holding to 68,600 shares (1.43%)

Clarification on Documentation Error

On April 11, 2026, Simran Farms filed a clarification regarding an inadvertent typographical error in the annexure of its March 30, 2026 warrant conversion disclosure. The company corrected the name of investor number 12, clarifying that the correct name is Ashwani Chowdhry, not Harender Singh Bhatia (HUF) as previously mentioned in the annexure.

The company emphasized that this error was limited solely to the name mention and did not affect any other details, including the number of shares allotted, consideration amount, or other information provided in the disclosure.

Regulatory Compliance

Harender Singh Bhatia, acting on behalf of the promoters and promoter group, filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on April 6, 2026. The disclosure was submitted to BSE Limited, where Simran Farms shares are listed.

The conversion process involved the exercise of options by allottees for 10,18,300 warrants in total, with the remaining 75% balance amount deposited in a separate bank account. Following this conversion, no warrants remain outstanding for future conversion, indicating the complete utilization of the preferential issue warrants.