In a significant ownership change, Hydra Trading Private Limited has sold its entire stake in ELCID Investments Limited to Upnishad Holdings Private Limited. The transaction, which took place on September 15, 2025, involved the transfer of 18,082 shares, representing a 9.04% stake in ELCID Investments.

Transaction Details

The block deal, executed through the stock exchange mechanism, saw Hydra Trading completely exit its position in ELCID Investments. Simultaneously, Upnishad Holdings Private Limited emerged as a new shareholder, acquiring the entire 9.04% stake. The shares were traded at their face value of INR 10.00 each.

Shareholding Impact

Following the transaction:

• Hydra Trading Private Limited's shareholding in ELCID Investments reduced from 9.04% to 0%.
• Upnishad Holdings Private Limited's stake in ELCID Investments increased from 0% to 9.04%.

Company Structure

Neither the seller (Hydra Trading) nor the acquirer (Upnishad Holdings) belong to the promoter group of ELCID Investments. The total equity capital of ELCID Investments remains unchanged at 2,00,000 shares.

Regulatory Compliance

In compliance with regulatory requirements, both Upnishad Holdings and Hydra Trading have filed the necessary disclosures under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These disclosures were submitted to the BSE Limited and ELCID Investments Limited on September 17, 2025.

Recent Developments

In a separate announcement on September 17, 2025, ELCID Investments Limited informed the BSE that it, along with its subsidiaries Murahar Investments and Trading Company Limited and Suptaswar Investments and Trading Company Limited, has received a certificate of registration from the Reserve Bank of India (RBI). This certificate classifies the company as a Non-Banking Financial Company (NBFC) under the category of 'Type-I NBFC-ND'.

This ownership change and the recent RBI certification mark significant developments for ELCID Investments Limited, potentially influencing its future operations and market position.

ELCID Investments Limited has achieved a significant milestone in its financial services journey. The company announced that it has received a Type-1 NBFC-ND (Non-Banking Financial Company - Non-Deposit taking) certificate from the Reserve Bank of India (RBI). This regulatory approval marks a crucial step for ELCID Investments, allowing it to operate as a non-banking financial company without accepting public deposits.

Regulatory Approval Details

According to the company's filing with the Bombay Stock Exchange (BSE), ELCID Investments, along with its subsidiaries Murahar Investments and Trading Company Limited and Suptaswar Investments and Trading Company Limited, received the certificate of registration from the RBI. The certificate classifies the company under the category of 'Type-I NBFC-ND'.

Implications of the Certification

The Type-1 NBFC-ND status brings several implications for ELCID Investments:

1. Expanded Financial Services: This certification allows the company to engage in various non-banking financial activities, potentially broadening its service offerings.

2. Regulatory Compliance: As a registered NBFC, ELCID Investments will now be subject to RBI regulations, ensuring adherence to stringent financial norms and practices.

3. Enhanced Credibility: The RBI certification may boost the company's credibility in the financial markets, potentially opening up new business opportunities.

4. Non-Deposit Taking: It's important to note that as a Type-1 NBFC-ND, ELCID Investments is not authorized to accept public deposits.

Company Background

ELCID Investments Limited is headquartered at 414, Shah Nahar (Worli) Industrial Estate, B-Wing, Dr. E. Moses Road, Worli, Mumbai. The company, with its Corporate Identification Number (CIN) L65990MH1981PLC025770, has now positioned itself as a recognized player in the non-banking financial sector.

This development signifies ELCID Investments' commitment to expanding its financial services portfolio while operating within the regulatory framework set by the Reserve Bank of India. As the company embarks on this new phase, stakeholders will be keen to observe how this certification translates into business growth and financial performance in the coming quarters.