BSEInsider Trading / SAST16 Sept 2026 · 16 Sept 2026, 07:49 pm

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Deepak Suresh Chaudhari & PACs

Spectrum Electrical Industries Ltd · 544386

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Deepak Suresh Chaudhari has acquired 2,49,750 warrants convertible into equity shares of Spectrum Electrical Industries Ltd, increasing his stake from 53.05% to 66.88%.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Spectrum Electrical Industries Ltd - 544386 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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Date: September 16, 2026 National Stock Exchange of India BSE Limited Spectrum Electrical Limited The Corporate Relationship Industries Limited Exchange Plaza, 5th Floor, Plot No. Department Gat No. 139/1 and 139/2, C/1, G Block, Bandra Kurla 1st Floor, New Trading Wing, Umala, Jalgaon, Maharashtra, Complex, Bandra (E) Rotunda Building 425003. Mumbai-400051 Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai, 400001 Dear Sir/Madam, Target Company: Spectrum Electrical Industries Limited [NSE Scrip Code: SPECTRUM, BSE Scrip Code: 544386] Sub: Submission of disclosure required under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Please find enclosed herewith disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SAST Regulation”) in respect of acquisition of 2,49,750 Warrants convertible into 2,49,750 equity shares of the Company of Spectrum Electrical Industries Limited. The above Warrants are being acquired by the Undersigned by way of allotment made by Spectrum Electrical Industries Limited pursuant to Preferential Issue. You are requested to take note of the above disclosure. Thanking You, Yours’ Faithfully (DEEPAK SURESH CHAUDHARI) Encl : As above. Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Spectrum Electrical Industries Limited Name(s) of the acquirer and Persons Acting in As per Annexure I. Concert (PAC) with the acquirer Whether the acquirer belongs to Yes Promoter/Promoter group Name(s) of the Stock Exchange(s) where the shares 1. National Stock Exchange of India Limited of TC are Listed 2. BSE Limited Details of the acquisition/disposal as follows: Number % w.r.t. total % w.r.t. total share/voting diluted capital share/voting wherever capital of the applicable TC Before the acquisition under consideration, holding of: 83,36,975 53.05% 53.05% a) Shares carrying voting rights PAC: PAC: PAC: 30,90,285 19.67% 19.67% b) Shares in the nature of encumbrance (pledge/ - - lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares - d) Warrants/convertible securities/any other - - - instrument that entitles the acquirer to receive - - shares carrying voting rights in the T C (specify holding in each category) e) Total (a+b+c+d) 1,14,27,260 72.72% 72.72% Details of acquisition/sale a) Shares carrying voting rights acquired/sold - - - b) VRs acquired /sold otherwise than by shares c) Warrants/convertible securities/any other - - - instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold 2,49,750 NA 1.44 d) Shares encumbered / invoked/released by the PAC: PAC: acquirer Nil Nil e) Total (a+b+c+d) 2,49,750 NA 1.44 After the acquisition/sale, holding of: a) Shares carrying voting rights 83,36,975 48.79% 48.09% PAC: PAC: PAC: 30,90,285 18.09% 17.82% b) Shares encumbered with the acquirer - - - c) VRs otherwise than by shares - - - d) Warrants/convertible securities/any other 249,750 NA 1.44 instrument that entitles the acquirer to receive PAC: PAC: shares carrying voting rights in the TC (specify Nil Nil holding in each category) after acquisition e) Total (a+b+c+d) 1,16,77,010 66.88% 67.35% Mode of acquisition / sale (e.g. open market / off- Preferential allotment market / public issue / rights issue / preferential allotment / inter-se transfer etc). Date of acquisition / sale of shares / VR or date of 11.09.2026 receipt of intimation of allotment of shares, whichever is applicable. Equity share capital / total voting capital of the TC 157,13,840 Equity Shares of Rs. 10/- each before the said acquisition / sale Equity share capital/ total voting capital of the TC 1,70,87,465 Equity Shares of Rs. 10/- each after the said acquisition / sale Total diluted share/voting capital of the TC after 1,73,37,215 Equity Shares of Rs. 10/- each the said acquisition/ sale (Assuming 100% conversion of convertible warrants into equity shares) Deepak Suresh Chaudhari Signature of the acquirer / seller / Authorised Signatory Place: Jalgaon Date: 16.09.2026 Annexure I Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer Sr. Name of the Category Details before the Details of the Details After the No. Promoters/ Acquisition Acquisition Acquisition Promoter Group No. of % of No. of % of No. of % of Shares Holdi Shares/Wa Holdi Shares Holding ng rrants ng Acquired Acqui 1. Deepak Promoter 83,36,975 53.05 Equity: Nil NA Equity: 48.09 Suresh 83,36,975 Chaudhari (Acquirer) Warrants: Warrants: 2,49,750 2,49,750 1.44 1.44 2. Yashoda Promoter 0 0.00 - - 0 0.00 Suresh Group Chaudhari (PAC) 2. Sshadj Promoter 0 0.00 - - 0 0.00 Deepak Group Chaudhari (PAC) 3. Darshana Promoter 0 0.00 - - 0 0.00 Deepak Group Chaudhari (PAC) 4. Mangala Promoter 0 0.00 - - 0 0.00 Sanjay Group Phirake (PAC) 5. Hitendra Promoter 0 0.00 - - 0 0.00 Sanjay Group Phirake (PAC) 6. Manisha Promoter 0 0.00 - - 0 0.00 Umesh Patil Group (PAC) 7. Spectrum Promoter 18,68,860 11.89 - - 18,68,860 10.78 Fabricators Group India Pvt. (PAC) Ltd. 8. Bharti Promoter 7,04,775 4.49 - - 7,04,775 4.07 Deepak Group Chaudhari (PAC) 9. Meena Sunil Promoter 10 0.00 - - 10 0.00 Jungle Group (PAC) 10. Kalpana Promoter 5,16,640 3.29 - - 5,16,640 2.98 Rane Group (PAC) 11. Spectrum Promoter 0 0.00 - - 0 0.00 Electroplater Group (PAC) 12. Spectrum Promoter 0 0.00 - - 0 0.00 Polytech Group (PAC)