Agribio Spirits Limited has formally disclosed the release of pledge on 2,00,000 equity shares to BSE Limited on December 31, 2025. The disclosure was made in compliance with regulatory requirements under SEBI takeover regulations.

Regulatory Compliance Details

The company submitted its disclosure under Regulation 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The documentation pertains to the release of encumbrance on the specified equity shares.

Company Information

Agribio Spirits Limited, formerly known as Beekay Niryat Limited, operates under BSE script code 539546. The company is registered with CIN number L11010RJ1975PLC045573 and maintains its registered and corporate office at 111, Signature Tower DC-2 Lalkothi Scheme, Tonk Road, Jaipur.

Management Authorization

The disclosure was authorized and submitted by Ratan Singh, Managing Director of the company, bearing DIN 06818520. The documentation was digitally signed on December 31, 2025, at 18:06:51 +05'30'.

The company has requested BSE Limited to take the disclosure on record as part of standard regulatory compliance procedures for publicly listed entities.

Agribio Spirits Limited has announced an investment in its wholly owned subsidiary, Solkit Distillery and Brewery Private Limited, through a rights issue subscription worth ₹2.01 crores. The transaction was completed on December 29, with the equity shares being duly allotted to the company on the same date.

Investment Details

The investment involved the subscription and acquisition of 98,000 equity shares of Solkit Distillery and Brewery Private Limited. The shares carry a face value of ₹10 each and were issued at a premium of ₹195 per share, making the total price ₹205 per share.

Subsidiary Company Profile

Solkit Distillery and Brewery Private Limited operates in the bottling and manufacturing of alcoholic beverages industry. The company is incorporated under the Companies Act, 1956, with its registered office located at B-188(A), Mewar Industrial Area Road No. 5, Udaipur, Rajasthan. The subsidiary runs bottling operations for Country Liquor, Rajasthan Made Liquor, and India Made Foreign Liquor with an approximate capacity of 1,45,000 units on a franchise basis.

Financial Performance

The subsidiary's turnover performance over the past three years shows fluctuating trends:

Capital Structure Changes

The rights issue subscription has resulted in changes to Solkit Distillery's capital structure:

Regulatory Compliance

The investment falls within related party transactions as Agribio Spirits Limited holds complete ownership of Solkit Distillery. The company has confirmed that the transaction was conducted at arm's length, with the parent company's interest limited to the extent of its shareholding. The investment is designated for general corporate purposes of the subsidiary and does not require any governmental or regulatory approvals.

This investment reinforces Agribio Spirits Limited's commitment to strengthening its subsidiary operations in the alcoholic beverages manufacturing sector while maintaining compliance with SEBI listing regulations.