Tai Industries Limited has announced that its Board of Directors will meet on May 28, 2026. The meeting has been convened to discuss and consider several key agenda items pertaining to the company's financial performance and governance matters for the period ending March 31, 2026.

Agenda for the Board Meeting

The primary focus of the meeting will be the review of the company's financial performance. The board will consider the Audited Standalone Financial Results for the quarter and year ended March 31, 2026. In addition to the financial results, the directors will deliberate on the recommendation of a dividend for the Financial Year ended March 31, 2026.

Governance and Appointments

The meeting will also address crucial governance matters. The board is scheduled to discuss the appointment of a Statutory Auditor. Furthermore, the board will take up the matter of a Director Retiring by Rotation, specifically Mr. Rohan Ghosh (DIN: 00032965).

Trading Window Closure

Pursuant to the Insider Trading Code adopted by the company, the trading window has been closed for designated persons. This closure will remain in effect until 48 hours from the date of declaration of the financial results for the quarter and year ended March 31, 2026. The stock exchanges have already been informed of this closure.

Octagon Merchants Private Limited has acquired additional equity shares in Tai Industries Limited through an open market purchase, as disclosed in a regulatory filing under SEBI takeover regulations. The transaction represents a significant increase in the acquirer group's shareholding in the target company.

Transaction Details

The acquisition involved the purchase of 1,98,222 equity shares of Tai Industries Limited on April 10, 2026. The transaction was executed through open market operations, with Parton Vinimay Private Limited filing the disclosure on behalf of the acquirer group on April 11, 2026.

Shareholding Pattern Changes

The acquisition has resulted in a notable change in the shareholding pattern of the acquirer group. Before the transaction, the combined group held 7,88,058 shares representing 13.13% of Tai Industries' total voting capital.

Acquirer Group Composition

The acquirer group consists of Octagon Merchants Private Limited as the primary acquirer, along with two persons acting in concert. The group's individual shareholdings after the transaction show Octagon Merchants holding the largest stake among the group entities.

Individual Entity Holdings:

• Octagon Merchants Private Limited: 3,25,622 shares (5.43%)
• Reality Merchants Private Limited: 1,80,000 shares (3.00%)
• Utsav Promoters Private Limited: 78,000 shares (1.30%)
• Parton Vinimay Private Limited: 4,02,657 shares (6.71%)

Company Information

Tai Industries Limited is listed on The BSE Limited with scrip code 519483 and The Calcutta Stock Exchange Limited with scrip code 30055. The company has an equity share capital of Rs. 6,00,00,000 divided into 60,00,000 equity shares of Rs. 10 each.

The disclosure confirms that the acquirer and seller entities do not belong to the promoter or promoter group of Tai Industries Limited. The transaction was conducted as part of regular market operations without any special arrangements or convertible securities involved.