Pace E-Commerce Ventures Limited Managing Director and CFO Shaival Dharmendra Gandhi has reduced his stake in the company through an open market transaction. The sale, which took place on September 4, 2025, saw Gandhi offloading 2,92,800 shares of the company.

Transaction Details

The transaction resulted in a reduction of Gandhi's shareholding from 58.69% to 57.39% of the company's total share capital. Prior to the sale, Gandhi, who belongs to the promoter group, held 1,32,26,265 shares. Following the disposal, his holding stands at 1,29,33,465 shares.

Company Overview

Pace E-Commerce Ventures Limited has a total equity share capital of 2,25,33,510 shares, each with a face value of Rs. 10.00. This aggregates to a total share capital of Rs. 22,53,35,100.00.

Regulatory Compliance

In compliance with regulatory requirements, the company has made the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Transaction Value

The sale transaction was valued at approximately Rs. 68,13,480.00, based on the disclosure provided in the regulatory filing.

Shareholding Structure

The following table illustrates the change in Gandhi's shareholding after the transaction:

This open market sale by a key executive and promoter group member may be of interest to investors and market analysts monitoring insider transactions and ownership changes in Pace E-Commerce Ventures Limited.

Pace E-Commerce Ventures Limited , a growing e-commerce company, has announced significant changes to its corporate structure and business focus following a board meeting held on September 5, 2025. The company's board of directors approved several key decisions that signal a strategic shift in its operations and future direction.

Registered Office Relocation

In a move aimed at enhancing administrative efficiency and streamlining operations, the board has approved the shifting of the company's registered office from Maharashtra to Gujarat. This decision, subject to shareholder and regulatory approvals, reflects the company's growing presence in Gujarat, where the majority of its administrative and manufacturing activities are currently based.

Expansion of Business Scope

The board has also approved alterations to the Main Object Clause of the Memorandum of Association, broadening the company's business scope. The new additions to the company's objectives include:

1. Manufacturing and distribution of beverages, including soft drinks, fruit juices, and other consumable products.
2. Development of recycling and upcycling solutions for fabrics, textiles, and paper-based products, aligning with sustainable and circular economy principles.

These changes indicate Pace E-Commerce Ventures' intention to diversify its business portfolio and enter new market segments.

Annual General Meeting and Corporate Governance

The company has scheduled its 10th Annual General Meeting (AGM) for September 27, 2025, to be held through video conferencing. Key points related to the AGM include:

• Book closure dates set from September 20 to September 27, 2025.
• Reappointment of Mr. Harshal Chandrakant Gala as a Non-Executive Director, subject to shareholder approval.
• Appointment of Mr. Dipesh Anupkumar Mistry as the Secretarial Auditor for FY 2025-26.
• Appointment of M/s Ashish N. Parikh & Co. as the Internal Auditor.

Financial Reporting and Compliance

The board has approved the Director's Report and Secretarial Audit Report for the year ended March 31, 2025, ensuring compliance with regulatory requirements.

These developments suggest that Pace E-Commerce Ventures is positioning itself for growth and diversification while strengthening its corporate governance practices. The proposed changes, particularly the expansion into beverage manufacturing and recycling solutions, could open new revenue streams for the company in the coming years.

Shareholders will have the opportunity to vote on these significant changes at the upcoming AGM.