Singhal Enterprises has filed a disclosure under SEBI regulations regarding the substantial disposal of shares in Kisan Mouldings Limited. The company sold 44,25,000 equity shares through open market transactions, significantly reducing its stake in the target company.

Transaction Overview

The share disposal resulted in a notable reduction of Singhal Enterprises' shareholding in Kisan Mouldings Limited. The company's holding decreased from 76,25,000 shares to 32,00,000 shares, representing a decline from 6.38% to 2.68% of the total share capital.

Sale Transaction Details

The disposal of 44,25,000 shares was executed through multiple open market transactions across several dates. The transactions spanned from June 2025 to February 2026, with varying quantities sold on different dates.

The largest single transaction occurred on February 24, 2025, when 40,00,000 shares were sold, representing the majority of the total disposal.

Company Information

Kisan Mouldings Limited maintains its listing on BSE Limited. The company's equity share capital stands at Rs. 1,19,46,30,650, comprising 11,94,63,065 equity shares of Rs. 10 each. Singhal Enterprises confirmed it does not belong to the promoter or promoter group of the target company.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Sanjeev Singhal on behalf of Singhal Enterprises on February 26, 2026, and submitted to BSE Limited for record purposes.

Kisan mouldings Limited has formally submitted an application to BSE Limited seeking approval for the reclassification of a promoter from the 'Promoter' category to the 'Public' category under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Approval and Timeline

The Board of Directors of Kisan Mouldings Limited approved the reclassification request at their meeting held on January 27, 2026. Following this approval, the company submitted the formal application to BSE Limited on January 31, 2026, in accordance with Regulation 30 read with Regulation 31A(8) of the SEBI Listing Regulations.

Promoter Details and Shareholding

The reclassification request pertains to Ms. Bindiya R Aggarwal, who currently holds shares in the promoter category. The following table provides detailed information about her shareholding:

Regulatory Compliance and Approval Process

The reclassification process is being conducted in strict compliance with SEBI regulations. The company has informed BSE Limited through a formal communication dated February 13, 2026, providing intimation of the application submission as required under Regulation 30 read with Regulation 31A of the SEBI Listing Regulations.

The reclassification is subject to approval from BSE Limited and such other approvals or confirmations as may be required under Regulation 31A and other applicable provisions of the SEBI Listing Regulations. The company is awaiting a 'No Objection Certificate' from BSE Limited to proceed with the reclassification.

Corporate Communication

The formal intimation to BSE Limited was signed by Sanjeev Aggarwal, Chairman & Managing Director (DIN: 00064076), on February 13, 2026. The communication was digitally signed and submitted to BSE Limited's Corporate Relationship Department at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, referencing the company's scrip code 530145.