Silverstone Consultancy Services Private Limited has disclosed the disposal of 50,000 equity shares in Tavernier Resources Limited under the SEBI substantial acquisition disclosure requirements. The transaction was executed through open market operations on January 22, 2026.

Transaction Details

The share disposal resulted in a significant reduction of Silverstone's stake in Tavernier Resources Limited. The following table summarizes the key transaction parameters:

Shareholding Pattern Changes

The disposal has altered Silverstone's ownership structure in Tavernier Resources. The company's shareholding position before and after the transaction shows a notable decrease:

Company Information

Tavernier Resources Limited maintains its equity share capital at ₹5.98 crores, comprising 59,79,000 fully paid equity shares of ₹10 each. The company's shares are listed on BSE Limited under scrip code 531190. Silverstone Consultancy Services operates as a non-promoter entity in relation to Tavernier Resources.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Silverstone Consultancy Services Private Limited, headquartered in Mumbai, completed the necessary regulatory formalities through its Director Sheetal Bairagra (DIN: 00930264). The transaction maintains transparency in substantial shareholding changes as mandated by securities regulations.

Eforu Entertainment Limited has successfully completed its postal ballot process to ratify the company's name change from Tavernier Resources Limited. The company announced the voting results on January 12, 2026, following the completion of the e-voting period on January 11, 2026.

Overwhelming Shareholder Approval

The special resolution for ratifying the name change received exceptional support from shareholders, with the voting results demonstrating strong confidence in the corporate restructuring initiative.

Voting Process and Participation

The postal ballot was conducted exclusively through e-voting facilitated by Central Depository Services (India) Limited (CDSL). The voting period commenced at 09:00 AM on December 13, 2025, and concluded at 05:00 PM on January 11, 2026.

Category-wise Voting Breakdown

The voting pattern showed strong support across different shareholder categories. Promoter and promoter group shareholders demonstrated unanimous support, while public shareholders also showed overwhelming approval.

Promoter and Promoter Group:

• Shares held: 33,16,116
• Votes polled: 33,16,116 (100% participation)
• Votes in favor: 33,16,116 (100% approval)

Public Non-Institutions:

• Shares held: 26,62,884
• Votes polled: 28,009 (1.05% participation)
• Votes in favor: 27,996 (99.95% approval)
• Votes against: 13 (0.05%)

Scrutinizer Validation

Mr. Nayan Pitroda, proprietor of Pitroda Nayan & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer submitted the report on January 12, 2026, confirming the validity and accuracy of the voting process. The e-voting results were unblocked and downloaded from the CDSL website on January 12, 2026, in the presence of two witnesses who were not employees of the company.

Regulatory Compliance

The postal ballot process was conducted in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company completed the dispatch of postal ballot notices on December 11, 2025, by sending emails to shareholders whose names appeared on the register of members and beneficial owners list received from NSDL and CDSL as of the cut-off date.

The successful completion of this postal ballot marks a significant milestone in the company's corporate restructuring journey, with the name change from Tavernier Resources Limited to Eforu Entertainment Limited now formally ratified by shareholders with requisite majority approval.