Sobhagya mercantile Limited has disclosed a substantial acquisition of shares by LEGENDS GLOBAL OPPORTUNITIES (SINGAPORE) PTE. LTD., a foreign entity, under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Singapore-based acquirer has obtained a significant stake in the BSE-listed company through preferential allotment.

Acquisition Details

The transaction involved the acquisition of 6,50,500 equity shares, representing 6.67% of Sobhagya Mercantile's total share capital. The acquisition was completed through preferential allotment of equity shares pursuant to convertible warrants, with the transaction date recorded as 27th March 2026.

Share Capital Impact

The acquisition resulted in an expansion of Sobhagya Mercantile's equity share capital. Prior to the transaction, the company had an equity share capital of Rs 8,70,00,000, comprising 87,00,000 equity shares of Rs. 10 each. Following the preferential allotment, the equity share capital increased to Rs. 9,74,85,000, with the total number of equity shares rising to 97,48,500.

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisitions. LEGENDS GLOBAL OPPORTUNITIES (SINGAPORE) PTE. LTD. is not part of the promoter or promoter group of Sobhagya Mercantile Limited. The company's shares are listed on BSE Limited.

Prior to this acquisition, the Singapore entity held 6,50,500 warrants or convertible securities representing 6.67% of the diluted share capital. The current transaction involved the conversion of these instruments into equity shares, maintaining the same percentage holding but converting the nature of the investment from convertible instruments to direct equity participation.

Transaction Structure

The acquisition was structured as a preferential allotment, a common method for companies to raise capital from specific investors. The disclosure was signed by Indranathsingh Seewooruttun, Director of LEGENDS GLOBAL OPPORTUNITIES (SINGAPORE) PTE. LTD., and dated 30th March 2026 from Ebene, Mauritius.

This transaction represents a strategic investment by the foreign entity in the Indian company, expanding Sobhagya Mercantile's shareholder base with international participation while providing additional capital to the company through the preferential allotment process.

Sobhagya Mercantile Limited has submitted newspaper advertisements for its upcoming Extraordinary General Meeting (EGM) to BSE Limited, in compliance with SEBI regulations. The company, with CIN L45100MH1983PLC031671, communicated these details through an official intimation dated March 28, 2026.

Newspaper Advertisement Submission

Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sobhagya Mercantile Limited has submitted copies of newspaper advertisements for its EGM notice. The advertisements were published in Business Standard (English-Mumbai Edition) and Mumbai Lakshadeep (Marathi-Mumbai Edition) on March 28, 2026.

EGM Schedule and E-voting Details

The company will conduct its EGM on Monday, April 20, 2026, at 11:30 a.m. through Video Conferencing (VC) and Other Audio-visual Means (OAVM) facility. The meeting adheres to applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Book Closure and Regulatory Compliance

In compliance with Section 91 of the Companies Act, 2013, and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has announced the closure of its Register of Members and Share Transfer Books from Tuesday, April 14, 2026, to Monday, April 20, 2026, both days inclusive.

Company Information and Authorization

Sobhagya Mercantile Limited operates from its registered office at U.N.- 1916, 19th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Delisle Road, Mumbai - 400013, Maharashtra, India. The intimation was signed by Shrikant Mitesh Bhangdiya, Managing Director (DIN-02628216), and digitally authenticated on March 28, 2026. The company's contact details include phone number 022-45694785 and email sobhagyamercantile9@gmail.com .