Enbee Trade & Finance Limited announced the outcome of its board meeting held on March 10, 2026, regarding key directorial changes. The company made important decisions concerning independent director positions, ensuring regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcomes

The board of directors, based on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Mr. Akash Shailesh Gangar as Non-Executive Independent Director. The board meeting commenced at 8:45 PM and concluded at 9:15 PM on March 10, 2026.

Director Re-Appointment Details

Mr. Akash Shailesh Gangar has been re-appointed for a term of 5 years commencing from March 11, 2026. The appointment is subject to shareholder approval at the ensuing Annual General Meeting.

Director Profile and Qualifications

Mr. Akash Shailesh Gangar is a qualified Information Technology engineer with strong entrepreneurial acumen and hands-on leadership experience. He brings valuable insights into business operations, strategic growth, and market dynamics. His practical business experience, disciplined outlook, and strong ethical grounding contribute a well-rounded perspective in governance and decision-making as an Independent Director.

The company confirmed that Mr. Gangar is not related to any director of the company and has not been debarred from holding the office of Director by SEBI or any other authority.

Director Cessation

Simultaneously, the company noted the completion of Mr. Jayesh Gulabbhai Patel's tenure as Non-Executive Independent Director. His second consecutive term concluded on March 10, 2026.

Regulatory Compliance

The company filed the necessary disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI master circular no SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The announcement ensures full compliance with regulatory requirements for board changes and directorial appointments.

Enbee Trade & Finance Limited has announced a comprehensive rights issue offering existing shareholders an opportunity to subscribe to additional equity shares. The company, incorporated on July 24, 1985, has filed the necessary documentation with BSE Limited and SEBI for this significant capital raising initiative.

Rights Issue Details

The rights issue encompasses several key parameters that existing shareholders should note:

The issue price of ₹1 per share is set at par with the face value of the equity shares, making it accessible for existing shareholders to participate in the company's capital expansion.

Issue Timeline and Key Dates

The rights issue follows a structured timeline to ensure proper execution and shareholder participation:

The company's board or rights issue committee retains the right to extend the issue period, though not exceeding 30 days from the issue opening date.

Regulatory Compliance and Documentation

Enbee Trade & Finance Limited has fulfilled its regulatory obligations by publishing pre-issue advertisements in compliance with SEBI ICDR Regulations. The advertisements appeared in three newspapers on March 09, 2026:

• Financial Express (English - All Editions)
• Janasatta (Hindi - All Editions)
• Navshakti (Marathi - Regional)

The company has appointed Cameo Corporate Services Limited as the registrar to the issue, with ICICI Bank Limited serving as the banker to the issue and refund bank. Informerics Valuation and Rating Private Limited has been designated as the monitoring agency.

Application Process and ASBA Requirements

All shareholders desiring to participate in the rights issue must use the Application Supported by Blocked Amount (ASBA) process, as mandated by SEBI regulations. This process requires shareholders to have ASBA-enabled bank accounts with Self Certified Syndicate Banks (SCSBs) prior to making applications.

Eligible equity shareholders holding shares in physical form must provide demat account details to the registrar or company at least two clear working days prior to the issue closing date. Rights entitlements will be credited to shareholders' demat accounts before the issue opening date in dematerialized form only.

Rights Entitlements and Trading

Shareholders can renounce their rights entitlements either through on-market renunciation via the stock exchange's secondary market platform or through off-market transfers during the renunciation period. The rights entitlements have been assigned a separate ISIN: INE993120037, which will remain frozen until the issue opening date and suspended for transfer after the issue closing date.

Rights entitlements that are neither renounced nor subscribed by the issue closing date will lapse and be extinguished. The company emphasizes that rights equity shares can only be traded on the stock exchange in dematerialized form.

Important Disclaimers and Restrictions

The rights issue is not available to investors in the United States, as the rights entitlements and rights equity shares have not been registered under the U.S. Securities Act of 1933. The offering is conducted outside the United States in offshore transactions under Regulation S to eligible equity shareholders in permitted jurisdictions.

Investors can access the Letter of Offer and application forms through the company's website ( www.enbeetrade.com ), the registrar's website ( www.cameiindia.com ), and BSE's website ( www.bseindia.com ). The company has established helpline numbers (+91-44-4002 0700) and online support systems to assist investors throughout the application process.