Transpek Industry Limited has received an application from promoter Malti D. Bhatia requesting reclassification from promoter category to public shareholder status under SEBI regulations. The company informed BSE Limited about this development on January 29, 2026.

Reclassification Request Details

Malti D. Bhatia has submitted her application under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking to change her status from "Promoter" to "Public" category. The application was formally communicated to BSE Limited by Company Secretary Alak D. Vyas.

Compliance Declarations

In her application dated January 28, 2026, Bhatia has provided comprehensive declarations confirming her eligibility for reclassification. She has stated that she holds an insignificant shareholding of 0.19% and has no involvement in the company's activities.

The key compliance confirmations include:

• Does not hold more than 10% of total voting rights
• Does not exercise control over company affairs directly or indirectly
• Has no special rights through formal or informal arrangements
• Not represented on the board of directors
• Does not act as Key Managerial Person
• Not classified as wilful defaulter per RBI Guidelines
• Not a fugitive economic offender

Regulatory Commitments

Bhatia has committed to ongoing compliance with SEBI regulations post-reclassification. She has stated there are no pending regulatory actions against her and has agreed to continue meeting specific conditions under Regulation 31A(3).

The applicant has also committed to comply with certain conditions for a minimum period of three years from the reclassification date, failing which she would be reclassified back to promoter category.

Next Steps

Transpek Industry Limited will now proceed with the necessary steps to obtain stock exchange and SEBI approval for the requested reclassification. The company has submitted the application to BSE Limited for record and further processing under the applicable regulatory framework.

Transpek Industry Limited has announced the resignation of its Whole-time Director Shri Avtar Singh, who will step down from his position effective March 31, 2026. The company informed BSE Limited about this significant board change through a regulatory filing dated January 20, 2026.

Director Resignation Details

Shri Avtar Singh, who holds DIN 00063569 and serves as Joint Managing Director, submitted his resignation letter on January 20, 2026. The resignation will become effective at the close of business hours on March 31, 2026, providing the company with adequate transition time.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Transpek Industry Limited has assured compliance with all regulatory requirements related to the resignation process.

In accordance with Clause 7C of Part A of Schedule III of the SEBI LODR Regulations, the company will submit the formal resignation letter of Shri Avtar Singh along with any other required disclosures within the prescribed timelines. This demonstrates the company's commitment to maintaining transparency and regulatory compliance.

Company Leadership

The regulatory filing was signed by Bimal V. Mehta, Managing Director of Transpek Industry Limited, who holds DIN 00081171. The communication was addressed to BSE Limited at P.J. Towers, Dalal Street, Fort, Mumbai, referencing the company's scrip code 506687.

Transpek Industry Limited, incorporated in 1965 with Company Identification Number L23205GJ1965PLC001343, operates from its works located at Ekalbara, Taluka Padra, District Vadodara, Gujarat. The resignation represents a significant change in the company's leadership structure as Singh departs from his role as Joint Managing Director.