Srija Hotels & Properties Pvt Ltd has made a substantial acquisition in Radhagobind Commercial Ltd, acquiring a significant stake through market purchase. The transaction has been disclosed under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating the strategic importance of this investment.

Acquisition Details

The acquisition represents a notable entry by Srija Hotels into Radhagobind Commercial Ltd. The company acquired 15,01,764 shares, representing 10.43% of the total voting capital of the target company through market purchase.

Shareholding Position

Prior to this acquisition, Srija Hotels & Properties Pvt Ltd held no shares in Radhagobind Commercial Ltd. The current acquisition marks the company's entry as a substantial shareholder in the target company. Importantly, Srija Hotels does not belong to the promoter or promoter group of Radhagobind Commercial Ltd.

Company Structure

Radhagobind Commercial Ltd maintains a consistent equity structure with 1,44,00,000 equity shares of Rs. 1/- each. The company's shares are listed on BSE Limited, providing liquidity and transparency for such transactions. The total diluted share capital remains unchanged at 1,44,00,000 equity shares following this acquisition.

This substantial acquisition by Srija Hotels & Properties Pvt Ltd demonstrates the company's investment strategy in the commercial sector, establishing a significant presence in Radhagobind Commercial Ltd through market-based transactions.

Radhagobind Commercial Limited has successfully concluded its 5th Committee of Creditors (COC) meeting on March 21, 2026, as part of ongoing Corporate Insolvency Resolution Process (CIRP) proceedings. The company, currently under insolvency resolution, continues to maintain regulatory compliance through timely disclosures to stock exchanges.

Meeting Outcome and Key Decisions

The 5th COC meeting was conducted with comprehensive discussions on critical aspects of the insolvency resolution process. The meeting addressed both procedural matters and substantive decisions regarding the company's resolution prospects.

Agenda Items Discussed and Approved

The meeting successfully covered all planned agenda items with specific focus on resolution plan evaluation and CIRP progress assessment. Key discussions included procedural compliance and strategic decision-making for the resolution process.

The approved agenda items encompassed:

• Roll call of participants and quorum ascertainment
• Leave of absence considerations for committee members
• Comprehensive progress updates on Corporate Insolvency Resolution Process and actions taken by the Resolution Professional
• Critical Decision: Acceptance of resolution plans received after 5:00 PM until 12 midnight of March 17, 2026
• CIRP costs incurred to date and additional support service cost requirements for resolution plan evaluation
• Interim finance requirements from financial creditors
• Other matters related to Committee of Creditors functioning with chairman's permission

Resolution Professional Leadership

Adv. Najeeb T P continues to serve as the Resolution Professional for Radhagobind Commercial Limited under dual appointments from Hon'ble NCLT Kolkata Bench. His leadership has facilitated the systematic progression of the insolvency resolution process.

Regulatory Compliance and Disclosure

The outcome disclosure has been made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring transparency in the insolvency resolution process. The company maintains its listing on BSE Limited and CSE Limited, requiring continued compliance with stock exchange regulations despite ongoing insolvency proceedings.