Shri Gang Industries and Allied Products Limited has announced a strategic partnership with Tilaknagar Industries Limited through lease and manufacturing agreements signed on March 12, 2026. The agreements focus on bottling Indian Made Foreign Liquor (IMFL) brands at Shri Gang Industries' manufacturing facility in Uttar Pradesh.

Agreement Details and Structure

The company has disclosed the partnership under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The manufacturing operations will be conducted at Shri Gang Industries' plant situated at Plot No B-2/6, B-2/7, UPSIDC Industrial Area- Phase IV, Sandila, District Hardoi, U.P.- 241204.

Business Expansion Strategy

The purpose of entering into this agreement is to expand Shri Gang Industries' business through bottling operations for Tilaknagar Industries Limited's IMFL brands. This contract manufacturing arrangement allows the company to utilize its existing production capacity while diversifying its revenue streams through partnerships with established liquor brands.

Regulatory Compliance and Relationship Status

The company has confirmed that this transaction does not fall within related party transactions as defined under SEBI Listing Regulations. The disclosure follows compliance requirements under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Agreement Timeline and Validity

The agreements will become effective from April 01, 2026, and will remain valid for a five-year period ending March 31, 2031. This extended timeline provides both companies with operational stability and long-term business planning opportunities for the IMFL bottling operations.

The disclosure was signed by Kanishka Jain, Company Secretary and Compliance Officer, ensuring proper regulatory compliance with SEBI requirements for material agreements and business developments.

Express Infra Financial Consultancy Private Limited has completed a substantial acquisition of 7,00,000 equity shares in Shri Gang Industries and Allied Products Limited through the conversion of Compulsorily Convertible Preference Shares (CCPS). The transaction, completed on February 16, 2026, was disclosed to BSE Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The acquisition involved the conversion of 7,00,000 CCPS into equity shares of face value Rs. 10/- each. Express Infra Financial Consultancy Private Limited, acting as part of the promoter group, acquired these shares along with 16 other Persons Acting in Concert (PACs) including Suraj Industries Limited, various members of the Gupta family, and other associated entities.

Shareholding Pattern Changes

Following the acquisition, Express Infra Financial Consultancy Private Limited now holds 3.55% of the total share capital and 3.15% of the total diluted share capital. The combined promoter and promoter group holding increased to 39.46% of the total voting capital.

Impact on Share Capital

The conversion resulted in an increase in the company's equity share capital structure. The total number of equity shares outstanding increased from 1,90,30,000 to 1,97,30,000 shares.

Regulatory Compliance

The disclosure was made by Suraj Prakash Gupta on behalf of Express Infra Financial Consultancy Private Limited to BSE Limited on February 18, 2026. The company maintains its registered office at F-32/3, First Floor, Okhla Industrial Area, Phase II, New Delhi- 110020, with CIN U74140DL2009PTC192940. Shri Gang Industries and Allied Products Limited operates from Plot No. B-2/6 & 2/7, UPSIDC Industrial Area Sandila Phase IV, Hardoi, Sandila, Uttar Pradesh.