Svaraj Trading & Agencies Limited has officially informed BSE Limited about the demise of Mr. Shankar Das Vairagi, one of the company's promoters, who passed away on February 26, 2026. The company filed this intimation on February 27, 2026, ensuring compliance with regulatory requirements.

Regulatory Compliance and Impact

The intimation was filed pursuant to Regulation 30 and Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Following Mr. Vairagi's demise, he ceased to be part of the promoter and promoter group of the company with effect from February 26, 2026, in accordance with the provisions of Regulation 31A(6)(C) of the SEBI Listing Regulations.

Company Information

Svaraj Trading and Agencies Limited is incorporated with CIN L51100MH1980PLC022315 and maintains its registered office at Office No. 30, 2nd Floor 380/82 Amruteshwar CHSL, Jagannath Sunkersett Road, Mumbai, Maharashtra. The intimation was signed by Vandana Ramesh Joshi, Company Secretary and Compliance Officer, who holds membership number 55495.

Documentation and Filing

The formal intimation was digitally signed and submitted to BSE Limited's Corporate Relationship Department. The company ensured timely compliance by filing the notification within one day of the incident, demonstrating adherence to regulatory timelines and transparency requirements under SEBI Listing Regulations.

Svaraj Trading & Agencies Limited has filed an application with BSE Limited seeking no objection for reclassification of two shareholders from promoter and promoter group categories to public category. The company submitted the formal application on February 12, 2026, following board approval granted on February 10, 2026.

Board Approval and Application Details

The Board of Directors unanimously approved reclassification requests from two shareholders under Regulation 31A of SEBI Listing Regulations. The board meeting held on February 10, 2026, analyzed that both applicants met the prescribed conditions for reclassification.

Shankar Das Vairagi, currently classified as a promoter, holds no equity shares in the company. Mukesh Vaishnav holds 4,36,660 equity shares representing 2.96% of the company's total shareholding under the promoter group category.

Regulatory Compliance and Documentation

The company has submitted formal intimation to BSE Limited pursuant to Regulation 31A of SEBI Listing Regulations. Both shareholders provided comprehensive declarations confirming compliance with regulatory conditions including voting rights limitations, absence of control mechanisms, and no board representation.

Application Process and Next Steps

The reclassification application was filed with BSE Limited on February 12, 2026, in continuation of earlier intimations dated February 07, 2026, and February 10, 2026. The application seeks BSE's no objection for the proposed reclassification from promoter and promoter group categories to public category.

Company Secretary & Compliance Officer Vandana Ramesh Joshi has been authorized to handle necessary documentation and submissions to BSE Limited. The reclassification remains subject to BSE's no objection and subsequent shareholder approval as per regulatory requirements.