Lord's Mark Industries Limited has informed the BSE about receiving and declining a significant share purchase proposal from JaiBharti Capital Advisory Private Limited. The company received the Expression of Interest on February 05, 2026, but has chosen not to proceed due to its ongoing listing process.

Transaction Details

The proposed transaction involved substantial financial commitments and was backed by professional valuation analysis:

Company Valuation Assessment

The offer price was determined based on a comprehensive valuation report prepared by registered valuer Nitish Chaturvedi. The valuation employed the Discounted Cash Flow (DCF) method across the company's three main business divisions:

The valuation considered the company's diversified operations spanning paper manufacturing, renewable energy solutions, and healthcare products. The pharmaceutical division represented the largest component of the company's assessed value, reflecting strong growth projections in the healthcare sector.

Company's Response and Current Status

Lord's Mark Industries, through its Managing Director Sachidanand Hariram Upadhyay, formally responded to JaiBharti Capital Advisory on February 05, 2026. The company explained that since the trading and listing of its equity shares is currently under process, it cannot consider or proceed with any transactions involving purchase or transfer of equity shares at this stage.

The company emphasized that no transaction has been undertaken and there is no impact on the shareholding pattern, management, or control of the company. This decision aligns with regulatory requirements and standard practices during listing processes.

Business Operations Overview

Lord's Mark Industries operates through three primary divisions. The Paper Division manufactures computer continuous paper stationery and copier papers under the "SAPPHIRE" brand, serving major clients including Indian Railways, postal departments, and government institutions. The LED-Solar Division focuses on renewable energy solutions, including solar street lights and LED lighting systems, with partnerships under government schemes like SAUBHAGYA.

The Healthcare & Pharmaceutical Division operates under the "LordsMed" brand, offering diagnostic products, rapid test kits with ICMR approval, and surgical products. The division also holds an exclusive license from IIT Bombay for specialized technology with significant market potential.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all necessary documentation to the BSE, including the original Expression of Interest, the company's response letter, and the detailed valuation report.

The company's decision to decline the offer demonstrates adherence to regulatory protocols during the listing process, ensuring transparency and compliance with securities market regulations.

Source: BSE Filing

Lord's Mark Industries Limited has announced the appointment of Mr. Vignesh Waman Poojari as Chief Financial Officer, effective January 31, 2026. The company disclosed this key leadership appointment under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New CFO Profile and Experience

Mr. Vignesh Waman Poojari brings extensive financial expertise to his new role at Lord's Mark Industries Limited. His professional credentials and experience details are outlined below:

Professional Background

Poojari's career spans multiple high-profile organizations and diverse industry sectors. His experience with Reliance Industries Group includes working across Renewable Energy, Conglomerate with interest in Energy, Digital Service and Retail sectors. This exposure provides him with comprehensive understanding of complex business operations and financial management.

Prior to his tenure with Reliance Industries Group, Poojari worked with leading global professional services firms including KPMG and Deloitte Haskins & Sells. In these roles, he handled statutory and tax audits under multiple accounting standards including IFRS, US GAAP, and Indian GAAP for various types of companies including listed, SEC-listed, and PE-backed companies.

Industry Expertise

His audit and financial management experience covers diverse sectors including:

• Telecom
• Pharmaceuticals
• Information Technology
• Media

Poojari also served as a special invitee and study group member of ICAI for the revision of Ind AS Schedule III published by ICAI, demonstrating his involvement in shaping accounting standards and practices.

Corporate Governance Disclosure

As required under regulatory guidelines, Lord's Mark Industries Limited has disclosed that Mr. Vignesh Waman Poojari is not related to any Director of the Company. The appointment information has been made available on the company's website in compliance with transparency requirements.

The appointment represents a strategic addition to Lord's Mark Industries Limited's leadership team, bringing proven financial expertise and extensive industry experience to support the company's operations and growth initiatives.