Suprajit Engineering Limited has received regulatory disclosures from its Chairman K. Ajith Kumar Rai regarding the acquisition of additional equity shares through open market purchases. The transactions were completed between February 19-24, 2026, as per the mandatory filings under SEBI regulations.

Share Acquisition Details

The Chairman acquired 53,000 equity shares of face value Re.1/- each through open market transactions. The acquisition details are summarized below:

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in the Chairman's shareholding percentage. The pre and post-acquisition holdings are detailed below:

Regulatory Compliance

The company filed the necessary disclosures under multiple SEBI regulations:

• Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations 2015
• Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2015

The disclosures were signed by Medappa Gowda J, CFO & Company Secretary, and submitted to both BSE Limited and National Stock Exchange of India Limited on February 24, 2026.

Persons Acting in Concert

The disclosure identified several Persons Acting in Concert (PAC) with the acquirer:

• Supriyajith Family Trust
• Supriya Ajith Rai
• Akhilesh Rai
• Ashutosh Rai
• Aashish Rai
• Ashishesh Trusteeship Services Private Limited

Company Share Capital

The company's equity share capital structure remained unchanged following the acquisition:

The acquisition represents a routine increase in promoter shareholding through open market purchases, demonstrating continued confidence in the company's prospects by its leadership.

Suprajit Engineering Limited conducted its Q3FY26 earnings conference call on February 10, 2026, providing detailed insights into the company's quarterly performance and strategic initiatives. The management team, led by Founder and Chairman Ajith Kumar Rai, discussed financial results, operational challenges, and future outlook with investors and analysts.

Management Commentary on Q3FY26 Performance

Chairman Ajith Kumar Rai highlighted the ongoing global turnaround, particularly at SCS (Stahlschmidt Cable Systems), while acknowledging certain expected and unexpected costs at the Controls division. The Board declared an interim dividend of ₹1.50 per share (150%), representing an increase from the previous year's ₹1.25 per share (125%), reflecting management's confidence in the business turnaround.

Divisional Performance Analysis

Managing Director N.S. Mohan provided comprehensive updates on divisional performance. The Suprajit Controls Division achieved operational revenue growth of 13.7%, though operational EBITDA declined by 10.5% due to restructuring activities including the shutdown and relocation from Juarez to Matamoros facility.

Strategic Initiatives and Acquisitions

Director and Chief Strategy Officer Akhilesh Rai outlined progress on strategic initiatives, including the completion of restructuring actions at SCS. Key developments included tool room relocation from Germany to Morocco, ramping up of the new Hungary warehouse, and final headcount reduction in Germany completed in December.

Financial Position and Debt Management

CFO Medappa Gowda J reported the company's financial position as of December 31, 2025. Total debt levels stood at ₹723 crores, while surplus cash balance invested in mutual funds amounted to ₹206 crores, indicating a strong balance sheet position.

Operational Challenges and One-time Costs

Management addressed operational challenges, including one-time restructuring costs of approximately $2 million (₹18 crores) in Q3FY26 related to facility consolidation and labor structure changes. The company also faced tariff-related working capital strain due to delayed cash recovery, though tariffs are largely pass-through costs.

Market Outlook and Trade Framework

The management expressed optimism about the announced India trade framework, though they await implementation details. With tariff uncertainties easing in the U.S., the company expects acceleration in new business wins and strategic purchasing by customers to resume globally.

Awards and Recognition

The company received multiple recognitions during the quarter, including the Ford Q1 Award for the Matamoras plant and JIPM TPM Excellence Awards for both Chakan and Pantnagar plants from Japan, reinforcing world-class operational discipline.