Valecha Engineering Limited has filed its mandatory annual disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The disclosure provides detailed information about promoter and promoter group shareholding patterns as required by regulatory authorities.

Promoter Shareholding Structure

The disclosure reveals the consolidated shareholding position of promoters and persons acting in concert (PAC) as of March 31, 2026. The promoter group maintains a dominant position in the company with significant ownership concentration.

Key Shareholding Highlights

The promoter group's shareholding structure demonstrates strong control over Valecha Engineering Limited. J K Solutions Private Limited emerges as the largest individual promoter entity, holding 1,14,90,313 shares representing 51% of the total promoter group holdings. Aether Perspectives LLP complements this with 9,13,211 shares, accounting for 44% of the promoter stake.

Encumbrance Status

A significant aspect of the disclosure is the complete absence of encumbered shares within the promoter group. All 2,14,03,524 shares held by promoters and persons acting in concert remain unencumbered, indicating no pledging arrangements or security interests against the shareholdings. This reflects a strong financial position and confidence in the company's prospects.

Regulatory Compliance

The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited on April 6, 2026, fulfilling the company's obligations under Regulation 31(4) of SEBI takeover regulations. Company Secretary Vijaykumar H Modi signed the submission on behalf of Valecha Engineering Limited, while Bhushan R Sable, Director of J K Solutions Private Limited, provided the disclosure on behalf of the promoter group.

Market Presence

Valecha Engineering Limited trades on both major Indian stock exchanges with scrip code 532389 on BSE and VALECHAENG on NSE. The company operates as an ISO 9001-2015 certified organization with its registered office located at Valecha Chambers, Andheri West, Mumbai, and maintains its corporate identity under CIN L74210MH1977PLC019535.

Valecha Engineering Limited has successfully completed its postal ballot process for the appointment of a new independent director, with shareholders demonstrating strong support for the proposed resolution. The company disclosed the voting results and scrutinizer's report on March 31, 2026, in compliance with Regulation 44(3) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Postal Ballot Process and Timeline

The postal ballot notice was issued on February 17, 2026, with the cut-off date for eligible shareholders set as February 20, 2026. The company conducted the entire process through electronic mode, sending notices only to members whose email addresses were registered with the company or depositories, in compliance with MCA circulars.

The remote e-voting facility, provided by National Securities Depository Limited (NSDL), commenced at 9:00 AM on February 28, 2026, and concluded at 5:00 PM on March 29, 2026. An advertisement regarding the postal ballot was published on March 4, 2026, in Active Times (English Edition) and Mumbai Mitra (Marathi Edition).

Director Appointment Results

The special resolution for appointing Mr. Aniruddh Shrikhande (DIN: 11387324) as Non-Executive Independent Director received overwhelming shareholder approval:

The resolution was passed with the requisite majority, demonstrating strong shareholder confidence in the proposed appointment.

Scrutinizer's Oversight

Rohit Periwal & Associates, Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report, dated March 31, 2026, confirmed the proper conduct of the remote e-voting process in accordance with Sections 108 and 110 of the Companies Act, 2013.

The votes were unblocked and downloaded on March 30, 2026, at 11:25 AM from NSDL's portal, witnessed by two independent witnesses - Mr. Kathan Joshi and Ms. Toshi Jain, who are not employed by the company.

Regulatory Compliance

The company has fulfilled all regulatory requirements under the Securities and Exchange Board of India regulations. The voting results and scrutinizer's report are available on the company's website at valecha.in and on NSDL's e-voting platform at evoting.nsdl.com.

Vijaykumar Modi, Company Secretary & Legal, signed the disclosure documents, ensuring proper documentation and compliance with all applicable regulations. The electronic data and relevant records relating to the remote e-voting process have been handed over to the Company Secretary for safekeeping.