BSEGeneral1d ago · 14 Oct 2026, 04:08 pm
Disclosure under Regulation 30A of SEBI (LODR), Regulation, 2015
Comrade Appliances Ltd · 543921
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Comrade Appliances Ltd has disclosed a share purchase agreement between its promoter, Mr. Mehboob Alam, and Omnia Appliances Private Limited, Graphic Promoters and Developers Private Limited, Amaira Estate Advisors LLP, and MLJ Aeternum LLP for the sale of 18,90,000 equity shares representing 24.30% of the company's paid-up share capital.
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Comrade Appliances Ltd - 543921 - Disclosure under Regulation 30A of LODR
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Date: October 14, 2026
The Listing Department
BSE Limited
25th Floor, P J Towers Dalal
Street Mumbai- 400001
BSE Scrip Code: 543921
Sub: Disclosure under Regulation 30 and Regulation 30A of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) read with Clause 5A of
Para A of Part A of Schedule III thereto and SEBI Master Circular No. HO/49/14/14(7)2025-
CFD-POD2/I/3762/2026 dated January 30, 2026
Dear Sir/Ma’am,
Pursuant to Regulation 30A of SEBI LODR, the Company received an intimation on October
14, 2026 from Mr. Mehboob Alam, Promoter of the Company, about a Share Purchase
Agreement (“SPA”) dated October 13, 2026 entered into by him. The Company is not a party
to that agreement.
The disclosure required under Clause 5A of Para A of Part A of Schedule III to SEBI LODR,
read with the above Master Circular, is enclosed as Annexure A.
Please take the same on record.
For Comrade Appliances Limited
Khursheed Alam
Managing Director
DIN: 07349338
Place: Mumbai
Encl.: As above
ANNEXURE A
Disclosure under Clause 5A of Para A of Part A of Schedule III to the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Sr. Particulars Details
a) If listed entity is not a party to the agreement
i. Name of the party entering into Mr. Mehboob Alam, Promoter of the Company,
such an agreement and the who holds 22,83,705 equity shares representing
relationship with the listed entity 29.36% of the paid-up share capital of the
Company. He has entered into a Share Purchase
Agreement (“SPA”) with Omnia Appliances
Private Limited, Graphic Promoters and
Developers Private Limited, Amaira Estate
Advisors LLP and MLJ Aeternum LLP for the sale
of 18,90,000 equity shares, representing 24.30% of
the current paid-up share capital of the Company.
ii. Details of the counterparties to the Omnia Appliances Private Limited, Graphic
agreement (including name and Promoters and Developers Private Limited,
relationship with the listed entity) Amaira Estate Advisors LLP and MLJ Aeternum
LLP (‘the Acquirers’), acquiring 18,90,000 equity
shares representing 24.30% of the current paid-up
share capital of the Company from Mr. Mehboob
Alam, the Promoter of the Company through the
Share Purchase Agreement entered on October 13,
2026.
The Acquirers have no relationship with the
Company as on the date of the SPA.
iii. Date of entering into the agreement October 13, 2026
b) Purpose of entering into the The Acquirers has entered the SPA with the Seller
agreement for acquisition of substantial shares and control
over the Company
c) Shareholding, if any, in the entity Not Applicable.
with whom the agreement is
executed
d) Significant terms of the agreement The SPA is entered into between Acquirers and
Seller under which the Acquirers agree to acquire,
and seller agree to sale 18,90,000 equity shares
representing 24.30% of the current paid-up share
capital of our Company.
The brief terms are mentioned below –
1.Date of entering SPA – October 13, 2026
2.Consideration – Rs. 6,42,60,000/- ( RupeesSix
Crore Forty Two Lakh and Sixty Thousand Only)
3.Parties Involved and brief detail of transaction-
Mr. Mehboob Alam, the promoter of the
Company holding 22,83,705 Equity Shares
representing 29.36% of the paid-up share capital
of the Company has entered into the Share
Purchase Agreement (‘SPA’) with Omnia
Appliances Private Limited, Graphic Promoters
and Developers Private Limited, Amaira Estate
Advisors LLP and MLJ Aeternum LLP for the sale
of 18,90,000equity shares representing 24.30% of
the current paid-up share capital of the Company.
e) Extent and nature of impact on Pursuant to the completion of open offer, the
management or control of the listed Acquirer i.e., Omnia Appliances Private Limited
entity along with the other Acquirers under the open
offer will be classified into the promoter of our
Company.
f) Details and quantification of any Nil.
restriction or liability imposed on
the listed entity
g) Whether the said parties are related No. The Acquirers are not related to the promoter,
to the promoter / promoter group / promoter group or group companies in any.
group companies in any manner; if
yes, nature of relationship
h) Whether the transaction would fall No. The transaction is not a related party
within related party transactions; if transaction.
yes, whether done at arm’s length
i) In case of issuance of shares to the Not Applicable.
parties, details of issue price and
class of shares issued
j) Any other disclosures related to There is no potential conflict of interest.
such agreements, e.g. nominees on
the Board of the listed entity,
potential conflict of interest
For Comrade Appliances Limited
Khursheed Alam
Managing Director
DIN: 07349338
Place: Mumbai