Transpek Industry Limited has provided an update to BSE Limited regarding the status of its promoter reclassification application, confirming the submission of all required documentation for regulatory approval.

Board Approval and Initial Communication

The company referenced its earlier communication dated 4th February, 2026, wherein it had informed the stock exchange that the Board of Directors had approved a request for reclassification of a promoter's status from Promoter category to Public category.

Application Submission Timeline

The company has submitted its application for promoter reclassification along with all requisite documents to BSE for approval. The submission process followed a structured timeline:

Regulatory Compliance

The disclosure was made under Regulation 31A(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Alak D. Vyas, Company Secretary and Compliance Officer, and submitted to BSE Limited's Listing Department on 16th March, 2026.

Company Information

Transpek Industry Limited, incorporated under Company Identification Number L23205GJ1965PLC001343, has its registered office located at 4th Floor, Lilleria 1038, Gotri-Sevasi Road, Vadodara-390021, Gujarat. The company's scrip code on BSE is 506687.

Transpek Industry Limited announced that promoter Vishwa A. Shroff has disposed of his entire shareholding in the company through a block deal transaction on December 4, 2025. The disposal was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share disposal involved a complete divestment of Shroff's stake in the company. The transaction was structured as an inter-se transfer of shares amongst promoters through the open market mechanism.

Shareholding Changes

The disposal resulted in a complete exit of the promoter from his equity position in Transpek Industry Limited. Prior to this transaction, Shroff held 116,903 shares representing 2.09% of the company's total share capital.

Regulatory Compliance

The disclosure was submitted to BSE Limited in compliance with SEBI regulations governing substantial acquisition and disposal of shares. The company's shares are listed on BSE Limited under scrip code 506687. A revised disclosure was subsequently filed on March 9, 2026, to include the transaction date as required under the regulatory framework.

The transaction maintains the company's total equity share capital at 55,85,569 shares, with no impact on the overall capital structure of Transpek Industry Limited.