Zenith Fibres COO Shailesh Pandey retires, joins advisory role

Zenith Fibres Limited has accepted the retirement of Mr. Shailesh Pandey from the position of Chief Operating Officer, effective June 30, 2026. Mr. Pandey ceased to be a Senior Management Personnel with the company from the close of business hours on the said date. Despite his retirement, he will continue to be associated with the organization in a professional capacity as an advisor.

The intimation was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was also made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD/2/I/3762/2026 dated January 30, 2026.

Details of Cessation

The company provided specific details regarding the change in its senior management structure. The following table outlines the key particulars of the retirement:

Sr No.	Particulars	Details
1	Reason for change	Retirement of Mr. Shailesh Pandey, Chief Operating Officer, Senior Management Personnel.
2	Date of Cessation	With effect from the close of business hours of June 30, 2026.
3	Term of appointment	Not Applicable
4	Brief Profile	Not Applicable
5	Disclosure of relationship between Directors	Not Applicable
6	Information as required pursuant to BSE Circular with ref. no. LIST/COMP/14/2018-19 dated 20 June 2018	Not Applicable

The filing was signed by Dharati Darpan Bhavsar, Company Secretary of Zenith Fibres Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+0.36%	+2.36%	-1.87%	-27.17%	-4.52%

Mrs. Pinky Rungta, a promoter of Zenith Fibres Limited , has increased her shareholding in the company to 34.38% through the acquisition of 1,03,500 equity shares on June 16, 2026. The acquisition was executed through a combination of inter-se transfer among promoters and an open market purchase, as disclosed under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Concurrently, Alpha Stitch-Art Pvt. Ltd., a promoter group entity, divested 1,03,500 shares, reducing its stake to 8.79%.

The transaction involved the transfer of 1,00,000 shares, representing 2.54% of the total share capital, from Alpha Stitch-Art Pvt. Ltd. via inter-se transfer. Additionally, Rungta purchased 3,500 shares, accounting for 0.09% of the capital, through an open market transaction on the same date. Prior to this acquisition, Rungta held 31.85% of the company's equity shares, while Alpha Stitch-Art Pvt. Ltd. held 11.41%.

Following the acquisition, Rungta's total holding in Zenith Fibres Limited stands at 13,56,022 equity shares. The total paid-up equity share capital of the company remains at ₹3,94,41,360, divided into 39,44,136 equity shares of ₹10 each. The disclosure was submitted to BSE Limited, where the company's shares are listed under scrip code 514266.

The acquisition details confirm that no shares were encumbered, and no warrants or convertible securities were involved in the transaction. The total diluted share capital of the company was reported as not applicable (N.A.) in the filing. Ashish Aggarwal, Director of Alpha Stitch-Art Pvt. Ltd., signed the disclosures on June 18, 2026.

Shareholding Details

Description	Number of Shares	% of Total Share Capital
Holding Before Acquisition
Mrs. Pinky Rungta	12,56,022	31.85%
Alpha Stitch-Art Pvt. Ltd.	4,50,000	11.41%
Acquisition Details
Inter Se Transfer	1,00,000	2.54%
Open Market Purchase	3,500	0.09%
Total Acquired	1,03,500	2.62%
Holding After Acquisition
Mrs. Pinky Rungta	13,56,022	34.38%
Alpha Stitch-Art Pvt. Ltd.	3,46,500	8.79%