Epuja Spirittech Limited has informed BSE Limited about receiving formal requests from two promoter entities seeking reclassification of their shareholding from promoter category to public category. The company filed this intimation on February 24, 2026, in compliance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholding Details for Reclassification

The reclassification requests involve a total of 9075000 shares representing 8.03% of the company's total shareholding. The breakdown of entities seeking reclassification is presented below:

Regulatory Compliance and Undertakings

Both entities have submitted comprehensive undertakings as required under SEBI regulations. Winfotel Infomedia Technologies Private Limited, represented by Director Asit Chandravadan Pandya (DIN: 08973457), stated that the entity does not exercise control over company affairs and has no direct or indirect involvement in the company's decision-making process.

Similarly, Divit India Services Private Limited, represented by Director Kalakad Sundaram Sathi (DIN: 00150876), has provided similar confirmations regarding their non-involvement in company operations. Both entities have confirmed they meet all regulatory criteria including:

• Holding less than 10% of total voting rights
• No control over company affairs
• No special rights through formal or informal arrangements
• No board representation or nominee directors
• Not acting as key managerial persons

Approval Process and Next Steps

The reclassification requests will undergo a multi-tier approval process as mandated by SEBI regulations. The company's board of directors will first consider these requests, following which approvals from the stock exchange and company shareholders will be required.

Epuja Spirittech Limited has committed to taking appropriate steps in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The entities seeking reclassification have also undertaken to comply with all conditions specified in Regulation 31A for a minimum period of three years post-reclassification.

Corporate Information

Epuja Spirittech Limited, formerly known as Sagar Productions Limited, operates with its registered office in Mumbai and corporate office in Bangalore. The company secretary and compliance officer, Deeksha Pathak, signed the regulatory filing confirming receipt of the reclassification requests and treating it as intimation of a material event under SEBI regulations.

Epuja spiritech Limited (formerly known as Sagar Productions Limited) has announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The company reported a substantial increase in net losses, reflecting challenging operational conditions during the quarter.

Financial Performance Overview

The company's financial performance showed significant deterioration across key metrics during Q3FY26:

Expense Analysis

The company's expense structure revealed several notable components during Q3FY26. Total expenses amounted to ₹283.18 lakhs compared to ₹136.49 lakhs in the corresponding quarter of the previous year. The major expense categories included purchase of stock in trade at ₹697.20 lakhs, offset by changes in inventories showing a reduction of ₹697.20 lakhs. Other expenses increased significantly to ₹280.04 lakhs from ₹63.23 lakhs in Q3FY25.

Nine-Month Performance

For the nine-month period from April 1, 2025 to December 31, 2025, the company's performance metrics were:

Share Capital and Earnings Per Share

The company's paid-up equity share capital stood at ₹1,130.82 lakhs as of December 31, 2025, with each share having a face value of ₹1. This represents an increase from ₹854.79 lakhs in the corresponding period of the previous year. The basic and diluted earnings per share for Q3FY26 were both -₹0.25, compared to -₹0.04 in Q3FY25.

Board Meeting and Audit Details

The Board of Directors of Epuja Spirittech Limited convened on February 12, 2026, from 4:00 PM to 5:00 PM to consider and approve the quarterly financial results. The meeting was held under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee reviewed these financial results in their meeting held on the same date before board approval.

Auditor's Review

S D P M & Co., Chartered Accountants, conducted a limited review of both standalone and consolidated unaudited financial results for the quarter ended December 31, 2025. The statutory auditors issued unmodified review reports for both standalone and consolidated results, confirming compliance with Indian Accounting Standards and SEBI listing regulations. The consolidated results include the financial performance of Epuja Softtech Private Limited, a wholly-owned subsidiary of the company.