Jetmall Spices and Masala Limited has informed BSE Limited about the reclassification of seven promoter group members to the public category following the completion of an open offer. The regulatory filing was made on December 31, 2025, in compliance with Regulation 31A(10)(ii) of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Open Offer Completion Details

The open offer was completed on October 16, 2025, by three acquirers from the Aggarwal family - Mr. Raman Aggarwal, Mrs. Anju Aggarwal, and Mr. Shrey Aggarwal. Following the completion of this open offer, the Aggarwal family members along with Persons Acting in Concert (PAC) have been classified as the new promoters of the company.

Reclassified Promoter Group Members

Seven individuals have been reclassified from the promoter group category to the public category, as detailed in the Letter of Offer dated October 16, 2025:

Regulatory Compliance Confirmations

The reclassified promoters have provided comprehensive confirmations as required under Regulation 31A(3)(b) of the Listing Regulations. These confirmations ensure that the reclassified individuals:

• Do not collectively hold more than ten percent of total voting rights in the company
• Do not exercise direct or indirect control over company affairs
• Have no special rights through formal or informal arrangements
• Will not be represented on the Board of Directors for three years from reclassification date
• Are not willful defaulters as per RBI Guidelines
• Are not fugitive economic offenders

Company Compliance Status

Jetmall Spices and Masala Limited has confirmed its compliance with all relevant regulatory requirements. The company maintains compliance with minimum public shareholding requirements under Regulation 38 of the Listing Regulations. Additionally, the company's equity shares remain actively traded on stock exchanges without any suspension, and there are no outstanding dues payable to SEBI, stock exchanges, or depositories.

The reclassification has taken effect immediately following the completion of the open offer process, marking a significant change in the company's promoter structure while ensuring full regulatory compliance.

Jetmall Spices & Masala Limited has announced the resignation of its Company Secretary and Compliance Officer, Ms. Anjali, effective December 18, 2025. The resignation was communicated to BSE Limited under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Ms. Anjali submitted her resignation letter on December 18, 2025, citing personal and professional commitments as the reason for her departure. The resignation takes effect from the close of business hours on December 18, 2025.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing BSE Limited about the resignation under Regulation 30 of SEBI Listing Regulations. The notification was signed by Mr. Unni Krishnan Nair, Manager and Wholetime Key Personnel of the company.

Succession Planning

Jetmall Spices & Masala Limited has indicated that it is actively in the process of identifying and hiring a suitable candidate for the Company Secretary and Compliance Officer position. The company has committed to informing the stock exchanges once the vacancy is filled.

Company Information

Jetmall Spices & Masala Limited is headquartered in Chennai, Tamil Nadu, and operates in the retail sector. The company is listed on BSE with scrip code 543286 and ISIN INE0D9X01018.