Sabrimala Industries India Ltd saw a significant reduction in insider holding as Vivek Raheja and his family members disposed of 2,00,000 equity shares in the open market on September 25, 2026. This transaction reduced the group's aggregate stake from 6.47% to 4.18%.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The seller, Vivek Raheja, acted alongside Persons Acting in Concert (PACs), identified as Vidit Raheja and Vanshika Raheja. The shares were sold through on-market transactions at BSE Limited.

Transaction Details

The disposal involved a single tranche of shares sold by Vivek Raheja himself. The PACs' individual holdings remained unchanged during this period, with the reduction attributed entirely to the seller's action.

The total equity share capital of the company remained unchanged at ₹8,71,45,000, comprising 87,14,500 equity shares of ₹10 each. There were no outstanding convertible securities or warrants, meaning the diluted share capital equals the total share capital.

Regulatory Compliance

The filing was submitted to BSE Limited and Calcutta Stock Exchange Limited. The disclosure highlights that the sale was executed within the prescribed time limits under SEBI regulations. The note accompanying the disclosure clarifies that entries pertaining to the individual PAN of the Seller may also appear under the System Driven Disclosure mechanism on stock exchange websites.

Sabrimala Industries shareholders approved the adoption of audited financial statements for FY26 and regularized three board appointments at its 42nd Annual General Meeting. The meeting was conducted via video conferencing on September 15, 2026.

The company’s members voted to adopt both standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026. The resolutions passed with overwhelming support, reflecting broad shareholder alignment on the company’s financial reporting and governance structure.

Board Appointments

Shareholders regularized the appointments of three additional directors to the board:

• Ms. Sangeeta Harapalani as Executive Director and Chief Financial Officer
• Mr. Amit Kapoor as Independent Director
• Mr. Ankit Him Matsinghka as Non-Executive Director

The appointment of Mr. Amit Kapoor was processed as a special resolution following an addendum to the original notice issued on September 8, 2026. The other two appointments were passed as ordinary resolutions.

Voting Details

A total of 1,428,060 shares were polled across all resolutions, representing 100% of the shares held by public non-institutional investors who participated in the vote. Promoter and institutional investors did not cast votes in this meeting.

M/s RSH and Associates served as the scrutinizer for the e-voting process, which was facilitated through Central Depository Services (India) Limited. The voting window ran from September 11, 2026, to September 14, 2026.