Uniroyal Industries Limited has announced an inter-se transfer of shares between promoter group members under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The transaction involves a significant shareholding change within the promoter family, conducted through regulatory exemptions for inter-promoter transfers.

Transaction Details

The share transfer was executed on January 12, 2026, involving Rashmi Mahajan as the acquirer and her son Abhay Mahajan as the transferor. The transaction was structured as a gift transfer, representing a common method of wealth transfer within promoter families.

Shareholding Impact

The transaction resulted in a substantial change in individual shareholding patterns within the promoter group. Rashmi Mahajan's stake increased significantly, while Abhay Mahajan completely divested his direct shareholding in the company.

Regulatory Compliance

The transaction was conducted under regulation 10(1)(a)(i) of SEBI SAST Regulations 2011, which provides exemption from making an open offer for inter-se transfers between promoter group members. The company filed the required disclosure under regulation 10(5) on January 6, 2026, prior to the actual transfer date.

Uniroyal Industries Limited is listed on the Bombay Stock Exchange, and the disclosure was made in accordance with the prescribed format for reporting acquisitions under regulatory exemptions. The transfer maintains the shares within the promoter group while consolidating ownership under Rashmi Mahajan's direct control.

Uniroyal Industries has announced the appointment of M/s. Gopal Bhargawa & Co as its Internal Auditors, effective January 19, 2026. The decision was made during a Board of Directors meeting held on Monday, January 19, 2026, in compliance with the relevant provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The company formally communicated this appointment to the Bombay Stock Exchange under Regulation 30 of SEBI regulations. The appointment represents a key corporate governance measure as the company strengthens its internal audit framework.

About the Internal Auditor

M/s. Gopal Bhargawa & Co is a proprietary firm established in 2013, headed by Mr. Gopal Bhargawa as Proprietor. The firm brings substantial expertise across multiple audit domains and consultancy services.

Key Capabilities

• Statutory Audits
• Tax Audits
• Bank Audits
• Internal Audits
• Consultancy work

Corporate Governance Enhancement

This appointment aligns with Uniroyal Industries' commitment to maintaining robust corporate governance standards. The internal audit function plays a crucial role in ensuring compliance, risk management, and operational efficiency across the organization.

The appointment was officially signed by Akhil Mahajan, Executive Director (DIN: 00007598), demonstrating board-level oversight of this important governance decision. The company has confirmed that there are no relationships between directors in connection with this appointment.