Radhe Developers (India) Limited has submitted mandatory regulatory disclosures to BSE Limited under SEBI insider trading and takeover regulations following the completion of its preferential allotment. The company filed Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 and disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 on February 03, 2026.

Preferential Allotment Completion Details

The company completed the allotment of 2,51,39,620 equity shares to promoter Mr. Ashish P. Patel following the board meeting held on February 02, 2026. The allotment was executed under BSE's in-principle approval reference LOD/PREF/MV/FIP/1588/2025-26.

Shareholding Pattern Changes

The preferential allotment has resulted in significant changes to the promoter's shareholding pattern. Mr. Ashish P. Patel's stake has increased from 20.16% to 23.82% of the company's total equity capital.

Regulatory Compliance Framework

The transaction was executed through conversion of unsecured loans into equity under Chapter V of SEBI (ICDR) Regulations, 2018. Company Secretary Khyati K. Patel submitted the regulatory filings, ensuring compliance with multiple frameworks including the Companies Act, 2013, Securities Contracts (Regulation) Act, 1956, and SEBI Act, 1992.

The allotted shares rank pari-passu with existing equity shares in all respects. The company must fulfill post-allotment obligations including submission of listing application within twenty days from the allotment date as per Schedule XIX of ICDR Regulations to avoid penalties under SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094.

Company Profile

Radhe Developers (India) Limited, incorporated in 1995 with CIN L45201GJ1995PLC024491, operates from Radhe Acres, Shela, Ahmedabad, Gujarat. The company trades on BSE under script code 531273 and has completed this significant capital restructuring initiative to strengthen its financial position through debt-to-equity conversion.

Radhe developers (India) Limited has formally notified BSE Limited about an upcoming board meeting scheduled for January 30, 2026. The meeting has been called in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to review and approve the company's quarterly financial performance.

Meeting Agenda and Financial Results Review

The primary agenda of the board meeting centers on the consideration and approval of the company's unaudited financial results for the quarter ended December 31, 2025. The meeting will also include the presentation of the Limited Review Report prepared by the company's statutory auditor, as mandated under Regulation 33 of the SEBI regulations.

Trading Window Restrictions

The company has implemented trading window restrictions in compliance with insider trading regulations. These restrictions were communicated to the exchange on December 27, 2025, and will remain in effect until 48 hours after the official announcement of the financial results for the quarter ended December 31, 2025.

Corporate Governance and Compliance

The board meeting notification was signed by Khyati K. Patel, Company Secretary and Compliance Officer (Membership No. A53258), demonstrating the company's adherence to corporate governance standards. The meeting may also address additional business matters that require board approval, subject to the Chairman's permission.

Radhe Developers (India) Limited, incorporated in 1995 with CIN L45201GJ1995PLC024491, operates from its headquarters at Radhe Acres in Ahmedabad, Gujarat. The company trades on BSE under scrip code 531273 and maintains its commitment to regulatory compliance and transparent financial reporting.