Shanthi Gears Limited has announced that its Board of Directors will convene on January 22, 2026, to review the company's third-quarter financial performance and consider dividend distribution. The meeting, scheduled under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, will address key financial matters for the current fiscal year.

Meeting Agenda and Financial Review

The board meeting will focus on two primary agenda items that could impact shareholders and market participants. The directors will examine the company's operational and financial performance for the recently concluded quarter.

Trading Window Restrictions

In accordance with the company's insider trading prevention protocols, Shanthi Gears Limited has implemented trading restrictions for designated personnel. The trading window will remain closed for persons specified under the company's Code of Conduct for prevention of Insider Trading.

Regulatory Communication

The company has formally notified both major stock exchanges about the upcoming board meeting through official channels. This communication ensures transparency and regulatory compliance in line with market disclosure requirements.

• NSE Communication: Submitted through NEAPS platform
• BSE Communication: Filed via BSE Listing Centre
• Documentation: Signed by Company Secretary Walter Vasanth P J
• Filing Date: January 12, 2026

The board meeting represents a significant milestone in the company's quarterly reporting cycle, providing stakeholders with insights into operational performance and potential returns through dividend distribution. The formal announcement ensures all market participants have equal access to material information regarding the company's financial standing and board decisions.

Cholamandalam Investment and Finance Company Limited has announced receipt of a formal reclassification request from Algavista Greentech Private Limited, seeking to change its classification from promoter group to public category shareholders under SEBI regulations.

Reclassification Request Details

On December 18, 2025, the company received a request letter from Algavista Greentech Private Limited (AGPL) seeking reclassification from the promoter/promoter group category under Regulation 31A of the SEBI Listing Regulations. The request follows E.I.D. Parry (India) Limited's complete divestment of its entire stake in AGPL.

Background and Rationale

The reclassification request stems from E.I.D. Parry (India) Limited's sale of its entire 50% stake in AGPL to Synthite Industries Private Limited, its joint venture partner. Following this divestment, AGPL no longer falls under the definition of promoter group as specified in Regulation 2(pp) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

AGPL had been a subsidiary of E.I.D. Parry (India) Limited, one of the promoters of Cholamandalam Investment. With the change in ownership structure, AGPL has requested removal of its name from the company's promoter group list.

Regulatory Compliance Confirmations

AGPL has provided comprehensive confirmations as required under Regulation 31A(3)(b) of the Listing Regulations, stating that neither the entity nor any related persons:

• Hold more than 10% of total voting rights in the company
• Exercise control over company affairs directly or indirectly
• Have special rights through formal or informal arrangements
• Are represented on the board of directors
• Act as key managerial personnel
• Are classified as willful defaulters or fugitive economic offenders
• Act in concert with the promoter/promoter group

Next Steps and Approvals

The request letter will be placed before the Board of Directors as required under Regulation 31A(3) of the SEBI Listing Regulations at its next meeting. Following board approval, the company will seek requisite approvals from the National Stock Exchange of India Limited and BSE Limited to complete the reclassification process.

AGPL has undertaken to comply with all requirements specified in Regulation 31A(4) of the Listing Regulations and provide necessary information to facilitate the reclassification process.