Pratap Deshmukh Discloses Share Acquisition in Covidh Technologies

Pratap Deshmukh has submitted a disclosure to the Bombay Stock Exchange (BSE) regarding the acquisition of shares in COVIDH . This filing was made in compliance with the substantial acquisition disclosure requirements under the Securities and Exchange Board of India (SEBI) takeover regulations.

Regulatory Compliance

The disclosure adheres to SEBI's regulations, which mandate that investors report significant changes in shareholding to ensure transparency in the stock market. This practice helps maintain fair trading conditions and keeps other investors informed about substantial movements in a company's ownership structure.

Company Background

Covidh Technologies Limited, listed on the BSE with the ISIN code INE899M01020, operates in the IT/ITES business segment. The company's recent financial results show:

Particulars	Q2 FY2026 (₹ in Lakhs)	Q2 FY2025 (₹ in Lakhs)
Revenue from Operations	-	-
Other Income	1.00	-
Total Expenses	0.30	1.18
Net Profit/(Loss)	0.70	(1.18)

Financial Position

As of September 30, 2025, Covidh Technologies reported:

Total Assets: ₹154.62 lakhs
Total Equity: (₹10.64) lakhs
Long-term Borrowings: ₹161.60 lakhs

The company's financial statements indicate a challenging financial position, with negative equity and significant long-term borrowings.

Market Implications

Pratap Deshmukh's share acquisition may potentially impact the company's stock price and investor sentiment. However, the extent of this impact will depend on the size of the acquisition and Deshmukh's intentions, which are not specified in the current disclosure.

Investors and market analysts will likely monitor further developments closely, particularly any subsequent disclosures or changes in the company's management or strategic direction that may result from this acquisition.

Investors are advised to conduct thorough research and consider multiple factors before making investment decisions based on such disclosures.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.92%	+10.21%	+49.88%	+513.07%	+513.07%	+1,900.00%

COVIDH has officially confirmed the receipt of applications from nine specific investors for its rights issue on the opening date, November 3, 2025. This announcement comes in compliance with Regulation 77B(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Key Details of the Rights Issue

The company disclosed that a total of 49,30,000 rights entitlements were applied for by the nine investors. The applications were submitted before 11:00 A.M. on the issue opening date, as required by regulations.

Breakdown of Applications

The following table provides a detailed breakdown of the applications received:

Investor Name	Rights Entitlements Applied
Dhairyasheel Yadav	11,15,000
Nandkumar Kadam	11,15,000
Shubhangi Garad	8,00,000
Archana Lonkar	7,00,000
Pratap Deshmukh	5,50,000
Sharmila Deshmukh	2,50,000
Laukik Deshmukh	2,00,000
Sumeet Garad	1,00,000
Ritu Garad	1,00,000

Regulatory Compliance

The company emphasized that these applications were made in compliance with the requirements of Regulation 77B(2) of the SEBI ICDR Regulations. This regulation pertains to the disclosure and confirmation of applications by specific investors in rights issues.

Additional Information

Covidh Technologies Limited's Letter of Offer for this rights issue is dated October 16, 2025. The company has made the complete details regarding the terms and process of application available on its website ( www.covidhtechnologies.com ) and on the website of BSE Limited.

Investors and stakeholders are advised to refer to these official documents for comprehensive information about the rights issue. The company's proactive disclosure aligns with regulatory requirements and demonstrates transparency in its capital raising process.