ANIK Industries Limited has received formal approval from both major Indian stock exchanges for the reclassification of its promoter entities under regulatory guidelines. The company announced on January 21, 2026, that it has obtained no-objection letters from the National Stock Exchange of India Limited (NSE) and BSE Limited for reclassifying 16 promoters and promoter group entities from the "Promoter" category to "Public" category.

Regulatory Framework and Timeline

The reclassification has been approved under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had initially submitted its application to both exchanges on June 4, 2025, and received the approval letters on January 20, 2026. The exchanges granted their no-objection based on the submissions made by the listed entity in accordance with the applicable SEBI regulations.

Shareholding Details of Reclassified Entities

The reclassification encompasses a diverse group of promoter entities with varying shareholding patterns. The complete breakdown of the entities being reclassified is as follows:

Entities with Zero Holdings

Several promoter entities included in the reclassification currently hold no shares in the company:

• Mr. Umesh Shahra
• Kailash Chandra Shahra HUF
• Mrs. Bhavna Goel
• Mrs. Abha Devi Shahra
• Mr. Dinesh Chandra Shahra
• Dinesh Chandra Shahra HUF
• Santosh Shahra HUF
• Suman Agritech Limited
• Mahakosh Amusement Private Limited
• Arandi Investments Private Limited
• Mrs. Shweta Shahra

Exchange Approvals and Compliance Requirements

Both NSE and BSE have issued formal no-objection letters for the reclassification request. The NSE approval was communicated through reference number NSE/LIST/COMP/ANIKINDS/491/2025-2026, while BSE issued its approval under reference LIST/COMP/SJ/682/2025-26. The exchanges have mandated that the company ensure compliance with subsequent relevant disclosures of material events related to this reclassification in accordance with the applicable provisions of Regulation 31A.

Corporate Communication

The company has fulfilled its disclosure obligations by informing both exchanges and making the approval letters available on its corporate website at www.anikgroup.com . The announcement was signed by Ankur Bindal, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed throughout the process.

Anik Industries Limited has announced the appointment of Mr. Mahesh Kumar Sharma as Additional cum Executive Director for a four-year term effective January 20, 2026. The decision was approved during the Board of Directors meeting held on January 20, 2026, at the company's corporate office in Indore.

Board Meeting Outcomes

The Board of Directors meeting, which commenced at 4:00 PM and concluded at 5:00 PM on January 20, 2026, approved the appointment following recommendation from the Nomination and Remuneration Committee. The appointment is subject to approval by members in the ensuing General Meeting of the Company.

Director Profile and Experience

Mr. Mahesh Kumar Sharma brings substantial experience to his new role, with over 24 years of diversified experience in steering financial operations and due diligence across various industries. He holds a master's degree in law and has been associated with ANIK Industries Limited since 2018.

Regulatory Compliance

The company has confirmed that Mr. Mahesh Kumar Sharma is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority. He is therefore not disqualified to be appointed as Additional cum Executive Director of the Company. The appointment complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Directorship Details

According to the disclosure made under regulatory requirements, Mr. Mahesh Kumar Sharma does not currently hold directorship positions in any other listed entities or memberships in board committees of other companies.

The appointment strengthens ANIK Industries Limited's leadership team with experienced financial expertise as the company continues its operations in the industrial sector.