Valecha Engineering Limited has announced that its Board of Directors will meet on Friday, May 29, 2026. The meeting has been convened in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations.

Agenda for the Meeting

The primary agenda item for the upcoming board meeting is the consideration of the company's financial performance. The directors will review and approve the Standalone and Consolidated Audited Financial Statements. These statements will cover the financial results for the fourth quarter as well as the full fiscal year ending March 31, 2026.

Corporate Details

Valecha Engineering Limited, an ISO 9001 - 2015 certified company, is listed on both BSE Limited and the National Stock Exchange of India Limited. The company's scrip code on the BSE is 532389, while it trades under the symbol VALECHAENG on the NSE.

Key Meeting Information

The notice regarding this meeting was issued by the Company Secretary & Legal, Vijaykumar Himatlal Modi, on behalf of Valecha Engineering Limited.

Valecha Engineering Limited has submitted formal disclosures to stock exchanges regarding substantial share acquisitions by JK Solutions Private Limited and Aether Perspectives LLP under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisitions were executed pursuant to a resolution plan approved by the National Company Law Tribunal, Mumbai bench, vide its order dated 25th June 2024, with share allotments completed on 27.12.2024. The company secretary Vijaykumar Himatlal Modi submitted the compliance report to BSE Limited (scrip code 532389) and National Stock Exchange of India Limited (trading symbol VALECHAENG) on 29.04.2026.

Acquisition Details

JK Solutions Private Limited was allotted 1,14,90,313 equity shares of Rs.10/- each, representing 51% of the target company's total share capital and voting rights. Aether Perspectives LLP, formerly known as One Media Facility Management, was allotted 99,13,211 equity shares of Rs.10/- each, representing 44% of the share capital and voting rights. Both allotments exceeded the 5% threshold requiring mandatory disclosure under SEBI regulations.

Regulatory Compliance and Exemption

Both acquisitions are exempt under Regulation 10(1)(da) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The mode of acquisition was specified as allotment under the resolution plan approved by NCLT dated 25th June 2024. The securities acquired are equity shares of the target company with no conversion features or redemption timelines. The disclosures were submitted in response to a query from BSE dated 25.04.2026 regarding the filing of applications to SEBI under Regulation 11 of SAST Regulations.

Company Capital Structure

The equity share capital of Valecha Engineering Limited stands at 2,25,30,025 equity shares of Rs.10/- each. The total diluted share/voting capital also stands at 2,25,30,025 equity shares of Rs.10/- each. Both acquirers have been classified as belonging to the promoter/promoter group as per the resolution plan. The disclosures were signed by Bhushan Ravindra Sable, Partner of Aether Perspectives LLP and Director of JK Solutions Private Limited, with DIN 03268957.