Deep Diamond India Limited witnessed a significant shareholding change as Bhavishya Ecommerce Private Limited reduced its strategic position through market sales. The Kolkata-based entity filed the mandatory disclosure under SEBI regulations on December 24, 2025, detailing the disposal transactions executed between December 22-23, 2025.

Latest Transaction Details

Updated Shareholding Position

The disposal represents a strategic reduction in Bhavishya Ecommerce's position in the diamond and gems company. The entity has moved from being a substantial shareholder above the 5% threshold to holding below this regulatory benchmark.

Regulatory Compliance Framework

Bhavishya Ecommerce Private Limited, incorporated under CIN U72100WB2010PTC153636, submitted the required disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company maintains its registered office at Room No. 2A, 64, Bentick Street, Kolkata 700069.

Company Capital Structure

The filing was signed by Director Nilesh Devendraprasad Dave (DIN: 10530978) and submitted to both Deep Diamond India Limited's compliance officer and the Bombay Stock Exchange. With this latest disposal, Bhavishya Ecommerce has reduced its stake below the 5% substantial shareholding threshold, marking a strategic shift in its investment position in the diamond and jewelry sector company.

Deep Diamond India Limited has announced a significant change in its board composition. Mr. Narendra Kumar Shrimali, serving as a Non-Executive Director, has tendered his resignation from the company's board.

Key Details of the Resignation

• Director: Mr. Narendra Kumar Shrimali (DIN: 09034181)
• Position: Non-Executive Director
• Resignation Date: November 17, 2025
• Effective Date: Close of business hours on November 24, 2025
• Reason: Personal commitments

Impact on Company Structure

The resignation of Mr. Shrimali will affect the board composition of Deep Diamond India Limited. The company is required to update its statutory records with the Registrar of Companies to reflect this change in directorship.

Regulatory Compliance

In adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Deep Diamond India Limited has promptly informed the BSE Limited about this development. The company has provided the necessary details as required under the regulations.

Management Statement

Mr. Narayan Singh Rathore, Managing Director of Deep Diamond India Limited, signed the official intimation to the stock exchange. The company acknowledged Mr. Shrimali's contribution and has initiated the process to update relevant records.

About Deep Diamond India Limited

Deep Diamond India Limited is a company registered under CIN: L24100MH1994PLC082609. The company's registered office is located in Mumbai, Maharashtra, with a corporate office in Udaipur, Rajasthan.

This corporate action highlights the importance of transparency in board-level changes for listed companies and their commitment to keeping shareholders and the market informed of significant developments.