NSEDisclosure under SEBI Takeover Regulations2d ago · 3 Sept 2026, 05:12 pm

Disclosure under SEBI Takeover Regulations

Bharat Rasayan Limited · BHARATRAS

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MPG Family Trust has acquired 11,59,673 equity shares of Bharat Rasayan Limited, representing 6.9771% of the total share capital, through an off-market transfer by way of gift having NIL value from the promoter and promoter group, pursuant to the exemption received via SEBI Order No. WTM/KCV/CFD/03/2026-27 dated 12 June, 2026.

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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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MPG Family Trust  has submitted to  the Exchange a copy of Disclosure under Regulation 29(1) of SEBI (SAST) Regulations, 2011.

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DISCLOSURE UNDER REGULATION 29(1) SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Date: August 24, 2026 The Compliance Officer Bharat Rasayan Limited 1501, Vikram Tower Rajendra Place, New Delhi – 110008 The Manager National Stock Exchange of India Limited Mumbai – 400001 Trading Symbol: “BHARATRAS” Sub: Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, I/we hereby submit the disclosure in respect of acquisition of equity shares of Bharat Rasayan Limited by MPG Family Trust as under: Part A - Details of Acquisition Particulars Details Name of the Target Bharat Rasayan Limited Company Name(s) of the acquirer MPG Family Trust and Persons Acting in Mahabir Prasad Gupta Concert (PAC) with the Savita Gupta acquirer Vikas Gupta No, the acquirer(s) did not form part of the Promoter or Promoter Group of the Target Company prior to the transaction. However, Whether Acquirer belongs since the Trusts have been constituted by the Promoter(s) of the to Promoter/Promoter Target Company, it shall be classified as part of the Promoter Group and Promoter Group of the Target Company upon completion of the acquisition. Name(s) of the Stock Exchange(s) where the NSE shares of TC are Listed Date of Acquisition 24/08/2026 Off-market transfer by way of Gift having NIL Value from promoter and promoter group pursuant to the exemption Mode of Acquisition received via SEBI Order No. WTM/KCV/CFD/03/2026-27 dated 12 June, 2026 Transferor Mr. Mahabir Prasad Gupta Acquirer(s) have acquired the 11,59,673 (6.9771%) equity Basis of Acquisition shares via Off-market transfer by way of Gift having NIL Value Particulars Details from promoter and promoter group pursuant to the exemption received via SEBI Order No. WTM/KCV/CFD/03/2026-27 dated 12 June 2026. The said Acquisition is only a private family arrangement and a non- commercial transaction for smooth succession planning of the promoter’s family and to streamline the promoter’s family assets and businesses. Details of the acquisition as follows Before the acquisition under consideration, holding of acquirer along with PACs Name Number of Shares % of Total Share Capital MPG Family Trust Nil Nil Mahabir Prasad Gupta 1 6 5 6 6 7 6 9 . 9 7 % Vikas Gupta 7 6 0 7 9 6 4 . 5 8 % Savita Gupta 4 4 8 6 6 0 2 . 7 0 % Details of acquisition Name Number of Shares % of Total Share Capital MPG Family Trust 11,59,673 6.98% After the acquisition, holding of acquirer along with PACs Name Number of Shares % of Total Share Capital MPG Family Trust 11,59,673 6.98% Mahabir Prasad Gupta 4 9 7 0 0 3 2 . 9 9 % Vikas Gupta 7 6 0 7 9 6 4 . 5 8 % Savita Gupta 4 4 8 6 6 0 2 . 7 0 % Equity share capital / total voting 1,66,21,072 (One Crore Sixty-Six Lakh Twenty- capital of the TC before the said One Thousand and Seventy-Two) Equity Shares acquisition @₹ 5/- each Equity share capital/ total voting 1,66,21,072 (One Crore Sixty-Six Lakh Twenty- capital of the TC after the said One Thousand and Seventy-Two) Equity Shares acquisition @₹ 5/- each 1,66,21,072 (One Crore Sixty-Six Lakh Twenty- Total diluted share/voting capital One Thousand and Seventy-Two) Equity Shares of the TC after the said acquisition @₹ 5/- each Part B - Details of PACs The Acquirer is part of the Promoter and Promoter Group of the Target Company. Persons acting in concert include existing Promoters and Promoter Group entities of Bharat Rasayan Limited. 1. Mahabir Prasad Gupta (Settlor & Trustee) o PAN: ACCPG5357L o Aadhaar: 3528-2372-5794 o Date of Birth: 12 January 1954 o Status: Individual (Resident Indian) o Address: House No. 6, Road No. 28, Near Dhingra Park, East Punjabi Bagh, Delhi – 110026 o Contact Details: mpg@bharatgroup.co.in o Relationship with Acquirer: Settlor and Trustee of the Trust 2. Savita Gupta (Trustee) o PAN: AEBPG4800K o Aadhaar: 9251-5650-4101 o Date of Birth: 18 April 1960 o Status: Individual (Resident Indian) o Address: House No. 6, Road No. 28, Near Dhingra Park, East Punjabi Bagh, Delhi – 110026 o Contact Details: mpg@bharatgroup.co.in o Relationship with Acquirer: Trustee 3. Vikas Gupta (Trustee) o PAN: AEBPG4811L o Aadhaar: 2216-8250-0247 o Date of Birth: 16 June 1982 o Status: Individual (Resident Indian) o Address: House No. 6, Road No. 28, Near Dhingra Park, East Punjabi Bagh, Delhi – 110026 o Contact Details: vikas@bharatgroup.co.in o Relationship with Acquirer: Trustee 4. Sweta Gupta (Trustee) o PAN: AMSPJ2246H o Aadhaar: 8476-9077-2536 o Date of Birth: 17 December 1984 o Status: Individual (Resident Indian) o Address: House No. 6, Road No. 28, Near Dhingra Park, East Punjabi Bagh, Delhi – 110026 o Contact Details: vikas@bharatgroup.co.in o Relationship with Acquirer: Trustee Declaration The acquisition has been undertaken pursuant to the exemption granted by SEBI vide Order No. WTM/KCV/CFD/03/2026-27 dated 12 June 2026 granting exemption from Regulations 3(2) and 4 of the SEBI (SAST) Regulations, 2011 in connection with acquisition of 11,59,673 equity shares of Bharat Rasayan Limited by MPG Family Trust. The exemption order also requires compliance with applicable disclosure obligations. For MPG Family Trust MAHABIR PRASAD GUPTA TRUSTEE