Vani Commercials Limited has announced the appointment of Ms. Nikita Pal as Company Secretary and Compliance Officer, effective February 24th, 2026. The appointment was made in compliance with regulatory requirements under Section 203 of the Companies Act, 2013 and SEBI Listing Regulations.

Board Approval and Meeting Details

The Board of Directors approved the appointment during their meeting held on February 24th, 2026, which commenced at 4:30 P.M. and concluded at 5:30 P.M. at the company's registered office. The decision was made following recommendations received from the Nomination and Remuneration Committee.

Appointee Profile and Qualifications

Ms. Nikita Pal brings relevant expertise to her new role as Company Secretary and Compliance Officer. She is an Associate Member of the Institute of Company Secretaries of India (ICSI) and has experience heading compliance under the Companies Act, 2013, Listing Regulations and other relevant laws related to the corporate sector.

Regulatory Compliance and Disclosures

The appointment has been made pursuant to Section 203 of the Companies Act, 2013 and SEBI Listing Regulations. The company has fulfilled all disclosure requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The announcement includes comprehensive details as required under Regulation 30 read with clause 7 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015 and SEBI Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30th, 2026. The formal communication was sent to BSE Limited regarding this appointment.

Terms of Appointment

Ms. Nikita Pal's appointment as Company Secretary and Compliance Officer is governed by the terms specified in her appointment letter. The appointment strengthens the company's compliance framework and ensures adherence to regulatory requirements across various corporate laws and listing obligations. The appointment was digitally signed and approved by Vishal Abrol, Managing Director (DIN: 06938389).

Vani Commercials Limited has announced receiving in-principle approval from BSE Limited for a significant equity share issue under regulatory compliance requirements. The approval, dated February 17, 2026, authorizes the company to proceed with issuing equity shares to non-promoters on a preferential basis.

Approval Details and Share Structure

The BSE approval encompasses the issuance of 3,22,41,655 equity shares of Rs. 10/- each at a minimum price of Rs. 12/- per share. The approval is structured in two distinct components as outlined in BSE's letter reference LOD/PREF/KS/FIP/1714/2025-26.

Regulatory Framework and Compliance Requirements

The in-principle approval comes with comprehensive regulatory compliance obligations. BSE has emphasized that this approval should not be construed as automatic listing approval, requiring separate compliance procedures for the listing process.

The company must ensure strict adherence to multiple regulatory frameworks:

• Companies Act, 2013
• Securities Contracts (Regulation) Act, 1956
• SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Internal Controls and Trading Restrictions

BSE has mandated specific internal control measures to monitor trading activities by proposed allottees. The exchange has outlined critical requirements to prevent non-compliance with SEBI ICDR Regulations.

Key trading restrictions include:

• Prohibition of intra-day trading by allottees in company scrip
• No sale transactions in company scrip until allotment date
• Company responsibility to obtain undertakings from allottees
• Verification obligations under Regulation 167(6) of SEBI ICDR Regulations

Post-Allotment Obligations and Timeline

Following the allotment of securities, Vani Commercials must fulfill specific post-issue formalities within prescribed timelines. The company is required to submit a listing application within twenty days from the allotment date, as specified in Schedule XIX of ICDR Regulations and SEBI circular dated June 21, 2023.

Management Communication

The announcement was communicated to BSE Limited on February 18, 2026, by Managing Director Vishal Abrol (DIN: 06938389) under Regulation 30 of SEBI LODR. The communication included the complete BSE approval letter as supporting documentation for regulatory transparency and investor information.