Disclosure of material issue

NIMIT RAJESH GHATALIA B 1501/2, Highland Park, Lion Sol Marg, Lokhandwala Complex, Andheri West, Mumbai 400053 03-10-2026 To, To, To, NATIONAL STOCK EXCHANGE BSE LIMITED AAREY DRUGS & LIMITED PHARMACEUTICALS LTD Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers E 34, MIDC, Tarapur, Boisar, Bandra Kurla Complex, Dalal Street Thane, Maharashtra, 401506 Bandra (E) Mumbai- 400001 Mumbai – 400 051 Sub: Information under Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir, With reference to the provisions of Regulation 29(2) read with Regulation 29(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and the amendments made therein pursuant to conversion of Equity Shares following shares were allotted to promoter and promoter group as per revised allotment dated 06-08-2026 and allotment as on 30-09-2026: Sr. No. Name No. Of Post Post holding % Category Warrants allotment Converted into holding Equity Promoter & 1 Bina Rajesh Ghatalia 500000 4503584 14.13% Promoter Group Promoter & 2 Mihir Rajesh Ghatalia 345000 3180888 9.98% Promoter Group Promoter & 3 Nimit Rajesh Ghatalia 500000 1650000 5.18% Promoter Group Promoter & 4 Mira Mihir Ghatalia 250000 940000 2.95% Promoter Group Promoter & 5 Ekta Nimit Ghatalia 500000 500000 1.57% Promoter Group Mihir Rajesh Ghatalia Promoter & 6 245000 245000 0.77% (HUF) Promoter Group Promoter & 7 Rajesh Pranlal Ghatalia 180000 182971 0.57% Promoter Group For and on behalf of all the Promoters and Promoter group Nimit Rajesh Ghatalia NIMIT RAJESH GHATALIA B 1501/2, Highland Park, Lion Sol Marg, Lokhandwala Complex, Andheri West, Mumbai 400053 FORMAT FOR DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 1. Name of the Target Company (TC) AAREY DRUGS AND PHARMACEUTICLES LIMITED 2. Name(s) of the Sellers/acquirers and Persons YES Acting in Concert (PAC) with the acquirer 3. Whether the Sellers/acquirer belongs to YES Promoter/Promoter group 4. Name(s) of the Stock Exchange(s) where the 1. BSE LIMITED shares of TC are Listed 2. NATIONAL STOCK EXCHANGE OF (INDIA) LIMITED Details of the acquisition / disposal/holding of shares/voting rights/holding of the Acquirer and PAC Before the acquisition/Sale under consideration, Number % w.r.t. total % w.r.t. holding of: share/voting total diluted capital share/voting wherever capital of applicable the TC (*) a) Shares carrying voting rights 1. Bina Rajesh Ghatalia 4003584 14.12 12.00 2. Mihir Rajesh Ghatalia 2835888 10.00 8.50 3. Nimit Rajesh Ghatalia 1150000 4.06 3.45 4. Mira Mihir Ghatalia 690000 2.43 2.07 5. Ekta Nimit Ghatalia 0 0.00 0.00 6. Mihir Rajesh Ghatalia (HUF) 0 0.00 0.00 7. Rajesh Pranlal Ghatalia 2971 0.01 0.01 8. Enam Organics India Limited 0 0.00 0.00 9. Nimit Impex Private Limited 2010000 7.09 6.03 10. Suraj Tradelinks Private Limited 0 0.00 0.00 11. Worth Investment and Trading Company 0 0.00 0.00 Limited TOTAL 10692442 37.71% 32.03 b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by equity shares - - - d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive - - - shares carrying voting rights in the TC (specify holding in each category) - - - 1. Bina Rajesh Ghatalia 500000 1.76% 1.50% 2. Mihir Rajesh Ghatalia 345000 1.22% 1.03% 3. Nimit Rajesh Ghatalia 500000 1.76% 1.50% 4. Mira Mihir Ghatalia 250000 0.88% 0.75% 5. Ekta Nimit Ghatalia 500000 1.76% 1.50% 6. Mihir Rajesh Ghatalia (HUF) 245000 0.86% 0.73% 7. Rajesh Pranlal Ghatalia 180000 0.63% 0.54% 8. Enam Organics India Limited 345000 1.22% 1.03% NIMIT RAJESH GHATALIA B 1501/2, Highland Park, Lion Sol Marg, Lokhandwala Complex, Andheri West, Mumbai 400053 9. Nimit Impex Private Limited 345000 1.22% 1.03% 10. Suraj Tradelinks Private Limited 345000 1.22% 1.03% 11. Worth Investment and Trading Company 345000 1.22% 1.03% Limited TOTAL 3900000 13.75% 11.69% Total (a+b+c+d) 14592443 -- -- Details of acquisition/sale Number % w.r.t. total % w.r.t. a) Shares carrying voting rights acquired share/voting total diluted capital share/voting wherever capital of applicable the TC (*) 1. Bina Rajesh Ghatalia 500000 1.63% 1.50% 2. Mihir Rajesh Ghatalia 345000 1.12% 1.03% 3. Nimit Rajesh Ghatalia 350000 1.14% 1.05% 4. Mira Mihir Ghatalia 250000 0.81% 0.75% 5. Ekta Nimit Ghatalia 500000 1.63% 1.50% 6. Mihir Rajesh Ghatalia (HUF) 245000 0.80% 0.73% 7. Rajesh Pranlal Ghatalia 180000 0.59% 0.54% 8. Enam Organics India Limited 0 0.00% 0.00% 9. Nimit Impex Private Limited 0 0.00% 0.00% 10. Suraj Tradelinks Private Limited 0 0.00% 0.00% 11. Worth Investment and Trading Company Limited 0 0.00% 0.00% TOTAL 2370000 7.71% 7.11% b) VRs acquired otherwise than by equity 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 d) Shares encumbered/ invoked/ released by the - - - acquirer. TOTAL (A+B+C) 2370000 7.71% 7.11% After the acquisition/sale, holding of: Number % w.r.t. total % w.r.t. a) Shares carrying voting rights share/voting total diluted capital share/voting wherever capital of applicable the TC (*) 1. Bina Rajesh Ghatalia 4503584 14.66% 13.50% 2. Mihir Rajesh Ghatalia 3180888 10.35% 9.54% 3. Nimit Rajesh Ghatalia 1500000 4.88% 4.50% 4. Mira Mihir Ghatalia 940000 3.06% 2.82% 5. Ekta Nimit Ghatalia 500000 1.63% 1.50% 6. Mihir Rajesh Ghatalia (HUF) 245000 0.80% 0.73% 7. Rajesh Pranlal Ghatalia 182971 0.60% 0.55% 8. Enam Organics India Limited 0 0.00% 0.00% 9. Nimit Impex Private Limited 2010000 6.54% 6.03% 10. Suraj Tradelinks Private Limited 0 0.00% 0.00% 11. Worth Investment and Trading Company Limited 0 0.00% 0.00% TOTAL 13062443 42.52% 39.16% NIMIT RAJESH GHATALIA B 1501/2, Highland Park, Lion Sol Marg, Lokhandwala Complex, Andheri West, Mumbai 400053 b) Shares encumbered with the acquirer - - - c) VRs otherwise than by equity shares d) Warrants/convertible securities/any other - - - instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition 1. Bina Rajesh Ghatalia 0 0.00% 0.00% 2. Mihir Rajesh Ghatalia 0 0.00% 0.00% 3. Nimit Rajesh Ghatalia 150000 0.49% 0.45% 4. Mira Mihir Ghatalia 0 0.00% 0.00% 5. Ekta Nimit Ghatalia 0 0.00% 0.00% 6. Mihir Rajesh Ghatalia (HUF) 0 0.00% 0.00% 7. Rajesh Pranlal Ghatalia 0 0.00% 0.00% 8. Enam Organics India Limited 345000 1.12% 1.03% 9. Nimit Impex Private Limited 345000 1.12% 1.03% 10. Suraj Tradelinks Private Limited 345000 1.12% 1.03% 11. Worth Investment and Trading Company Limited 345000 1.12% 1.03% TOTAL 1530000 4.98% 4.59% e) TOTAL (A+B+C) 14592443 -- -- 3. Mode of acquisition/sale (e.g. open market / off- ALLOTMENT PURSUANT TO CONVERSION OF market / public issue / rights issue /preferential WARRANTS allotment / inter-se transfer etc.) 4. Date of acquisition / sale of shares / VR or date of REVISED ALLOTMENT 30-09-2026 receipt of intimation of allotment of shares, whichever is applicable 5. Equity share capital / total voting capital of the TC 28354303 Equity Shares of Rs. 10/- Each before the said acquisition/sale 6. Equity share capital/ total voting capital of the TC 30724303 Equity Shares of Rs. 10/- Each after the said acquisition/sale 7. Total diluted share/voting capital of the TC after 33354303 Equity Shares of Rs. 10/- Each the said acquisition/sale Note: (*)Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 44(3) of the Listing Obligations and Disclosures Requirement (**)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. For and on behalf of all the Promoters and Promoter g [Showing first 8,000 characters — download PDF for full document]