Bhartiya International's Ultima SA Approves Incorporation of UK Step-Down Subsidiary for Business Expansion

Bhartiya International has disclosed that its wholly owned subsidiary Ultima SA has approved the incorporation of a new step-down subsidiary in the United Kingdom. The announcement was made on January 15th, 2026, following a Board of Directors meeting of Ultima SA held on the same date.

Corporate Structure and Investment Details

The new subsidiary will be established as a wholly owned subsidiary of Ultima SA, making it a step-down subsidiary of Bhartiya International Limited. The investment structure and shareholding details are outlined below:

Parameter	Details
Initial Investment	GBP 50,000 (Pounds Fifty Thousand)
Share Structure	5,000 ordinary shares
Share Value	GBP 10 each
Investment Method	One or more tranches
Shareholding	100% indirect ownership through Ultima SA
Subscription Price	Face value

Business Operations and Industry Focus

The newly incorporated subsidiary will operate in the textile and apparel business sector, aligning with Bhartiya International's core business activities. The primary objective of this UK subsidiary is to support the company's business operations in the United Kingdom, facilitating the expansion of its textile and apparel business in the region.

Regulatory Compliance and Approvals

According to the company's disclosure, no governmental or regulatory approval is required for the incorporation of the proposed wholly owned subsidiary. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Implications

This incorporation represents Bhartiya International's strategic expansion into international markets through its subsidiary structure. The establishment of the UK subsidiary through Ultima SA demonstrates the company's commitment to strengthening its presence in international textile and apparel markets. The step-down subsidiary structure allows for efficient business operations and management in the United Kingdom while maintaining the parent company's control through Ultima SA.

The company has confirmed that detailed information regarding this incorporation will be made available on its official website at www.bhartiya.com , ensuring transparency and accessibility for stakeholders and investors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.76%	-10.23%	-13.45%	-18.88%	-16.03%	+337.08%

Snehdeep Aggarwal , a promoter of Bhartiya International, has completed the mandatory regulatory disclosure to SEBI following his acquisition of 50,000 equity shares through an inter-se transfer on December 19, 2025. The acquisition was made from M/s. Snehdeep Aggarwal HUF pursuant to the dissolution of HUF partition.

SEBI Regulatory Compliance

On January 3, 2026, Snehdeep Aggarwal submitted the required disclosure under Regulation 10(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed within the mandatory 21 working days from the date of acquisition, accompanied by the required fees of ₹1.77 lakh.

Compliance Parameter:	Details
SEBI Report Date:	January 3, 2026
Payment Reference ID:	CIDB8X2172RLIP
Fee Amount:	₹1.77 lakh
Bank Reference ID:	3014984982
Payment Status:	Success

Transaction Details and Timeline

The share acquisition was conducted as an off-market transfer following a partition deed. The transaction falls under the exemption provided in Regulation 10(1)(a)(iv) of SEBI SAST Regulations, which exempts the acquirer from making an open offer.

Transaction Parameter:	Details
Acquisition Date:	December 19, 2025
Shares Acquired:	50,000 equity shares
Transferor:	M/s. Snehdeep Aggarwal HUF
Prior Disclosure Date:	December 8, 2025
Post-Acquisition Report:	December 20, 2025
SEBI Filing Date:	January 3, 2026

Shareholding Pattern Changes

Following the acquisition, there has been a corresponding change in the shareholding pattern of both the acquirer and transferor. The transaction represents an increase of 0.37% in Snehdeep Aggarwal's shareholding in the company's diluted share capital.

Entity:	Before Acquisition	After Acquisition
Snehdeep Aggarwal:	11,43,362 shares (8.53%)	11,93,362 shares (8.90%)
Snehdeep Aggarwal HUF:	50,000 shares (0.37%)	0 shares (0%)

Regulatory Framework Adherence

The disclosure confirms compliance with all applicable provisions of Chapter V of the SEBI SAST Regulations. Historical compliance records show regular annual disclosures under Regulation 31(4) for continual disclosure requirements in 2023, 2024, and 2025. No consideration was involved in this transaction as it was conducted pursuant to the partition deed following HUF dissolution.

The transaction has been reported to both the National Stock Exchange of India Limited and BSE Limited, where the company's shares are listed, maintaining full transparency in promoter shareholding changes.