BSEInsider Trading / SAST1d ago · 24 Sept 2026, 03:54 pm

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Croll Reynolds International Inc.

Mazda Ltd-$ · 523792

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Croll Reynolds International Inc. has sold 5,90,503 shares of Mazda Ltd, representing 2.95% of the company's equity share capital, through open market transactions on September 18, 21, and 22, 2026, crossing the 2% threshold under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

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Mazda Ltd-$ - 523792 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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24 September, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationships Department Exchange Plaza, C-1, Block G, 1st Floor, New Trading Ring, Bandra Kurla Complex, Rotunda Building, Bandra (E) Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 051 Mumbai – 400 001 BSE CODE: 523792 NSE CODE: MAZDA Sub: Disclosure under regulation 29(2) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011 Dear Sir, Please find enclosed herewith disclosure received under Regulation 29(2) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011 given by CROLL REYNOLDS INTERNATIONAL INC through its authorized signatory Mr. Samuel Croll-III, (CEO of the seller company) and being director the MAZDA LIMITED (Target Company) for sale of 5,90,503 (2.95%) Equity Shares of the company through open market. Please take the same on record. Thanking you, Yours faithfully For Mazda Limited Nishith Kayasth Company Secretary Encl.: Disclosure under Reg. 29(2) of SEBI (SAST) Regulations, 2011 CROLL REYNOLDS INTERNATIONAL, INC. Samuel W. Croll Date: 24 September 2026 National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, 3rd Floor Phiroze Jeejeebhoy Towers Plot No.3-1. “G” Block, I.F.B. Centre, Dalal Street, Fort, Bandra-Kurla-Complex, Bandra (East), Mumbai 400001 Mumbai – 400 051 Email: takeover@nse.co.in E-mail: corp.relations@bseindia.com Company Secretary Mazda Limited Unit - 1, C/1-39/13/16, GIDC Naroda, Ahmedabad, Gujarat, 382330, India E-mail: nishith@mazdalimited.com Dear Sir/Madam, Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 (“Takeover Regulations”). This is to inform you that we, Croll Reynolds International Inc., have sold: (i) 2,00,149 equity shares of Mazda Limited (“Target Company”) (representing 1.00% of the equity share capital of the Target Company) on 18 September 2026; (ii) 1,47,427 equity shares of the Target Company (representing 0.74% of the equity share capital of the Target Company) on 21 September 2026; and (iii) 2,42,927 equity shares of the Target Company (representing 1.21% of the equity share capital of the Target Company) on 22 September 2026. Please note that the trade undertaken on 22 September 2026, together with the trades undertaken on 18 September 2026 and 21 September 2026, have cumulatively crossed the 2% threshold prescribed under Regulation 29(2) of the Takeover Regulations. Accordingly, please find enclosed the disclosure under Regulation 29(2) of the Takeover Regulations. Kindly take the above on record. Thanking you, Yours faithfully, For and on behalf of Croll Reynolds International Inc. Name: Samuel W. Croll Designation: CEO C ROLL REYNOLDS International, Inc., INC SIX CAMPUS DRIVE, PARSIPPANY, NJ 07054 TEL: 908-232-4200 CROLL REYNOLDS INTERNATIONAL, INC. Samuel W. Croll Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Mazda Limited (“Target Company”) Name(s) of the seller and Persons Croll Reynolds International Inc. (“Seller”) Acting in Concert (PAC) with the seller Whether the seller belongs to No Promoter/Promoter group Name(s) of the Stock Exchange(s) BSE Limited and National Stock Exchange of India Limited where the shares of TC are listed Details of the acquisition/ disposal Number % w.r.t. total % w.r.t. total as follows share/voting diluted capital wherever share/voting capital applicable(*) of the TC (**) Before the disposal under consideration, holding of: a) Shares carrying voting rights 1) Seller 14,47,500 7.23% 7.23% b) Shares in the nature of encumbrance (pledge/ lien/ Nil Nil Nil non-disposal undertaking/ others) c) Voting rights (VR) otherwise Nil Nil Nil than by shares d) Warrants/convertible securities/ any other instrument that entitles the Nil Nil Nil seller to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) 14,47,500 7.23% 7.23% Details of acquisition/ sale a) Shares carrying voting rights acquired/sold 1) Seller 5,90,503 (***) 2.95% (***) 2.95% (***) b) VRs acquired/sold otherwise Nil Nil Nil than by shares c) Warrants/convertible securities/any other instrument that entitles the seller to receive shares carrying Nil Nil Nil voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered/ Nil Nil Nil invoked/released by the seller C ROLL REYNOLDS International, Inc., INC SIX CAMPUS DRIVE, PARSIPPANY, NJ 07054 TEL: 908-232-4200 CROLL REYNOLDS INTERNATIONAL, INC. Samuel W. Croll e) Total (a+b+c+d) 5,90,503 2.95% 2.95% After the acquisition/sale of shares, holding of: a) Shares carrying voting rights 1) Seller 8,56,997 4.28% 4.28% b) Shares encumbered with the Nil Nil Nil seller c) VRs otherwise than by shares Nil Nil Nil d) Warrants/convertible securities/any other instrument that entitles the seller to receive shares carrying Nil Nil Nil voting rights in the TC (specify holding in each category) after sale e) Total (a+b+c+d) 8,56,997 4.28% 4.28% Mode of acquisition / sale (e.g. The transaction has been undertaken by way of open open market / off-market / public market sales. issue / rights issue / preferential allotment / inter-se transfer etc). Date of acquisition / sale of shares (i) 2,00,149 equity shares on 18 September 2026 / VR or date of receipt of (ii) 1,47,427 equity shares on 21 September 2026 intimation of allotment of shares, (iii) 2,42,927 equity shares on 22 September 2026 whichever is applicable Equity share capital / total voting INR 4,00,50,000/- divided into 2,00,25,000 equity shares capital of the TC before the said having face value of INR 2/- each acquisition / sale Equity share capital/ total voting INR 4,00,50,000/- divided into 2,00,25,000 equity shares capital of the TC after the said having face value of INR 2/- each acquisition / sale Total diluted share/voting capital INR 4,00,50,000/- divided into 2,00,25,000 equity shares of the TC after the said having face value of INR 2/- each acquisition/ sale (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the Listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. (***) Croll Reynolds International Inc. has sold: (i) 2,00,149 equity shares of the Target Company (representing 1.00% of the equity share capital of the Target Company) on 18 September 2026; (ii) 1,47,427 equity shares of the Target Company (representing 0.74% of the equity share capital of the Target Company) on 21 September 2026; and (iii) 2,42,927 equity shares of the Target Company (representing 1.21% of the equity share capital of the Target Company) on 22 September 2026. For completeness, please note that the trade undertaken on 22 September 2026, together with the trades C ROLL REYNOLDS International, Inc., INC SIX CAMPUS DRIVE, PARSIPPANY, NJ 07054 TEL: 908-232-4200 CROLL REYNOLDS INTERNATIONAL, INC. Samuel W. Croll undertaken on 18 September 2026 and 21 September 2026, have cumulatively crossed the 2% threshold prescribed under Regulation 29(2) of the Takeover Regulations. Yours truly, For and on behalf of Croll Reynolds Internaaonal Inc. Name: Samuel W. Croll Designaaon: CEO Place: Parsippany New Jersey 07054 USA Date: 24 September 2026 C ROLL REYNOLDS International, Inc., INC SIX CAMPUS DRIVE, PARSIPPANY, NJ 07054 TEL: 908-232-4200