Blue Bell Finance Limited has disclosed a significant reduction in its shareholding in Alstone Textiles India Ltd, filing the mandatory disclosure under SEBI regulations on January 20, 2026. The company sold a substantial portion of its holdings through open market transactions conducted over multiple dates between December 2025 and January 2026.

Share Sale Details

The disclosure reveals that Blue Bell Finance sold a total of 254,030,343 shares, representing 4.05% of Alstone Textiles' total share capital. This transaction reduced the company's shareholding from 529,999,900 shares (8.44%) to 275,969,557 shares (4.39%).

Transaction Timeline

The share disposal was executed across nine separate trading sessions, with transactions varying significantly in volume. The sales were conducted entirely through open market operations on BSE Limited, where Alstone Textiles shares are listed.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Blue Bell Finance confirmed that it does not belong to the promoter or promoter group of Alstone Textiles India Ltd. The company maintained no encumbrances, voting rights through other instruments, or convertible securities in the target company.

Company Information

Blue Bell Finance Limited, incorporated in 1985 with CIN U74899DL1985PLC022564, is registered in Delhi. Alstone Textiles India Ltd maintains an equity share capital of ₹627.48 crores, consisting of 627,480,000 equity shares of ₹1.00 each. The total diluted share capital remains unchanged at the same level, indicating no outstanding convertible securities or warrants.

The disclosure was signed by Moni, Director of Blue Bell Finance Limited, and submitted to both BSE Limited and the Company Secretary of Alstone Textiles India Ltd as required under the regulations.

Alstone Textiles (India) Limited has announced a significant change in its Board composition with the resignation of an Independent Director. The company filed the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on December 23, 2025.

Director Resignation Details

Mr. Bhupendra Kaushik (DIN: 07016552), serving as Non-Executive Independent Director, has resigned from the Board effective December 23, 2025. The resignation became effective from the closing of working hours on the specified date.

Regulatory Compliance

The company has fulfilled all necessary regulatory requirements in connection with the resignation. Alstone Textiles confirmed receipt of written confirmation from Mr. Kaushik stating that there are no other material reasons for his resignation beyond those provided in his formal resignation letter.

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company has provided the required disclosure under Clause 7B of Para A of Schedule III to the SEBI (LODR) Regulations, 2015.

Other Directorships

Mr. Kaushik holds directorships in multiple other listed entities, demonstrating his experience in corporate governance:

• India Solomon Holdings Limited
• Sita Leasing and Finance Ltd
• Sunshine Capital Limited

Company Information

Alstone Textiles (India) Limited operates with its registered office at R-815 New Rajinder Nagar, North East Delhi, New Delhi-110060. The company's corporate office is located at 47/18, Basement Rajendra Place Metro Station, New Delhi-110060. The resignation was announced by Managing Director Mr. Deepak Kumar Bhojak (DIN: 06933359) on behalf of the Board of Directors.