Artificial Electronics Intelligent Material Limited has received a regulatory disclosure from promoter Uma Nandam regarding her substantial acquisition of 9,50,000 equity shares through preferential allotment on January 30, 2026. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

SEBI Regulatory Disclosure Details

Uma Nandam submitted the mandatory disclosure to both the company's Board of Directors and BSE Limited on February 3, 2026. The acquisition was executed through a preferential allotment mechanism, with the shares allotted at the company's registered office in Tamil Nadu.

Shareholding Pattern Changes

The SEBI disclosure reveals significant changes in Uma Nandam's shareholding position as a promoter group member. Her equity stake increased substantially following the preferential allotment.

Capital Structure Impact

The preferential allotment resulted in expansion of the company's equity base. The paid-up share capital increased following the allotment of new equity shares to the promoter.

Promoter Group Structure

The disclosure identifies Uma Nandam as part of the promoter group along with other Persons Acting in Concert (PAC). The promoter group includes Eswara Rao Nandam, Vishaal Nandam, and Polymatech Electronics Limited.

Compliance and Regulatory Framework

The transaction was conducted in accordance with SEBI regulations governing substantial acquisitions. The disclosure confirms that Uma Nandam acquired voting rights through equity shares without any encumbrances, pledges, or non-disposal undertakings. The company's shares are listed on BSE Limited, and all regulatory requirements have been fulfilled as per the substantial acquisition norms.

Artificial Electronics Intelligent Material Limited successfully conducted its Extra-Ordinary General Meeting (EGM) on January 7, 2026, where shareholders approved multiple strategic resolutions including director designation changes and material related party transactions.

EGM Proceedings and Outcomes

The EGM was held through Video Conferencing and Other Audio-Video Means, commencing at 3:01 PM and concluding at 3:10 PM. Mr. Eswara Rao Nandam, Director of the Company, chaired the meeting after confirming the requisite quorum was present.

Resolutions Approved by Shareholders

Shareholders discussed and approved four key resolutions during the meeting, with consolidated results of e-voting and remote e-voting to be announced within 2 working days.

Strategic Board Decisions from December Meeting

Prior to the EGM, the company's board had approved several strategic initiatives during their December 16, 2025 meeting, including SEZ unit notification for semiconductor manufacturing operations at Nava Raipur, Chhattisgarh.

Leadership and Compliance

The director designation change for Ms. Rapala Virtanen Tarja Hannele, which was initially approved by the board in December 2025, received formal shareholder approval during the EGM. The company maintained full compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Company Secretary Chayonika Paloi overseeing the proceedings and regulatory communications.