BSECompany Update21 Oct 2026 · 21 Oct 2026, 08:00 pm

In respect of proposed inter-se transfer of equity shares amongst the Promoters of the Company.

Afcom Holdings Ltd · 544224

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Afcom Holdings Ltd has received an intimation from Manjula Annamalai, an existing Promoter, regarding her proposed acquisition of 10,43,766 equity shares of the Company from Wg. Cdr. Jaganmohan Manthena (Retd.) by way of an inter-se off-market transfer.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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Afcom Holdings Ltd - 544224 - Prior Intimation Under Regulation 10(5) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011

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Date: October 21, 2026 BSE Limited, Listing Compliance Department, 25th Floor, P. J. Towers, Dalal Street, Fort, Mumbai- 400 001. BSE Scrip Code: 544224 Sub: Intimation under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of proposed inter-se transfer of equity shares amongst the Promoters of the Company Dear Sir/Madam, Pursuant to Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“Takeover Regulations”), we wish to inform you that the Company has received an intimation from Ms. Manjula Annamalai, an existing Promoter of the Company, regarding her proposed acquisition of 10,43,766 equity shares of the Company from Wg. Cdr. Jaganmohan Manthena (Retd.), another existing Promoter of the Company, by way of an inter-se off-market transfer. Based on the declarations and confirmations received from the acquirer and the transferor, the proposed transaction is being undertaken in reliance upon the exemption under Regulation 10(1)(a)(ii) of the Takeover Regulations, subject to fulfilment of the applicable conditions prescribed thereunder. The details of the proposed transaction, as furnished by the acquirer in the prescribed format under Regulation 10(5) of the Takeover Regulations, are enclosed herewith as an Annexure for your information and records. The proposed transaction is an inter-se transfer amongst the existing Promoters of the Company. Accordingly, the aggregate shareholding of the Promoter and Promoter Group is expected to remain unchanged pursuant to the proposed transfer. This intimation is being submitted to the Exchange in compliance with the applicable provisions of the Takeover Regulations. You are requested to kindly take the same on record. Thanking You, For AFCOM HOLDINGS LIMITED Name : Ajith Kumar Designation : Company Secretary and Compliance Officer fanjula Annnmalai 1 o:37/44. MG Ram, ·handran Ro,1d. Kala.shcthrn ·olon . Uc:. int a rnr. 'hcnnai-600090 Datl·: _ J I ctohcr 20 6 B E Limit ·d Listing Department Phir zc Je ·jc bho) T wcr , Dalal trect. umbai -400001 fahara htr:1, India. Scrip code: 544224 Sub: inter e Transfer amongst the Promoters through an off-market transaction. Ref: Disclosure under Regulation 10(5) of the SEBl (Substantial Acqui ition of Shares and Takeovers) Regulations, 20 l l, as amended ("Takeover Regulations"). Dear Sir/Madam, This is to infonn that I, Manjula Annamalai promoter of Afcom Holdings Limited (the '·Target Company"), resident at No:37/44, MG Ramachandran Road, Kalasbethra colony, Besant agar, Chennai-600090, propose to acquire I 0,43,766 equity shares of the Target company from Wg. Cdr. Jaganmohan Manthena (Retd.) who is als~ another Promoter of the Company, by way of inter-se off-market transfer. Please find enclosed herewith a disclosure in respect of the proposed acquisition under Regulation I 0(1 )(a)(ii) of the Takeover regulation. This is for your information and record. Yours Truly, Manj:.171 Promoter Page 1 of 3 i\fanJul, /\nna111ala No:37/44. M , R:mwchandr, n Rond. Knln,-;hethra colony, lk . nnt ngar, n ,~nna1- 00090 Form11C for Disdo. urcs under Regulation 10(~)- lntinrntion lo Stock t:, change in respect of acquisition under Regulation I 0( I )(a) of SEBJ ( ·ubsfanlial Acuuisition of Shares 11nd T11kcovcrs} Regulations, 20 IJ I. Name of the Target Company (TC) Alcorn Holdings Limited 2. Name of the acquircr(s) Manjula J\nnamalai 3. Whether the acquircr(s) is/ arc promoters of the Yes, the acquircr is a promoter/promo1er TC prior to the transaction. If not, nature of group of the company relationship or association with the TC or its promoters 4. Detai Is of the proposed acquisition a Name of the person(s) from whom shares are Wg. Cdr. Jaganmohan Manthena (Rctd.) to be acquired b. Proposed date of acquisition 28/10/2026 C. Nt1mber of shares to be acquired from each 10,43,766 (Ten Lakh Forty-Three person mentioned in 4(a) above ITTiousand Seven Hundred and Sixty Six Equity shares d. Total shares to be acquired as % of share 3.61% capital of TC e. Price at which shares are proposed to be Rs. 800/- acquired f. Rationale, if any, for the proposed transfer lnter-se transfer amongst promoter /promoter group 5. Relevant sub-clause of regulation l0(l)(a) w1der Regulation lO (I) (a) (ii) of SEBI which the acquirer is exempted from making open KSubstantial Acquisition of Shares and offer Takeovers) Regulations, 2011 ("SAST") 6. Jf , frequently traded, volume weighted average Rs.1450.07 market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of tJ1e TC are recorded during such period. If in-frequently traded, the price as detennined in Not applicable 7. tenns of clause (e) of sub-regulation (2) regulation 8. 8. Declaration by 1J1e acquirer, that the acquisition I, hereby confinn and declare that the price would not be higher by more than 25% of the acquisition price for the shares to be price computed in point 6 or point 7 as acquired will not be higher by more than ~pplicable. 25% of the price computed in point 6 above 9. Declaration by the acquirer, that the transferor and We hereby confinn and declare that Wg. transferee have complied / will comply with Cdr. Jaganmohan Manthena (Reid.) applicable disclosure requirements in Chapter V ol 'Transferor'") and I ("Transferee") havt: the Takeover Regulations, 2011 (c orresponding K:omplied and will comply with Page 2 of 3 1\la11· ula \nnJrnJIJi 1 o:37/44. t\lG Ramaclrnnclrnn Road. K<il.1 he hr.1 w lony. 13c an1 \.agar. Cht:1111a1-(,f)()()< 0 ---------------------~ - - ---...-!: provisions of the repealed Takeover Regulation. tpplicable di clo urc rcqu1rcmcn _ ,1 1997) rovideu in dwp1cr of the ·1 Bl Substantial cqui ition of hare~ .ind takeovers) Rcgufntions. 201 1 for tht: unose of lhi nee ui ·i1ion 10. Declaration by the acquirer that all the conditions I. hereby confirm nnd declare 1hat all tht: specified under regulation I0(l)(a) with respect to onditions specified under Regulation exemptions has been duly complied with. I 0( I) (a) with re ·pect to exemption. ha been complied and fulfillc I for th · ur ose of Ih is acqui i!_ion 11. Shareholding details Before the - j /\ ftcr the proposed prorp~Cd Transaction transaction No. of % w.r.t No. of % v\..r.l shares . total shares total /voting share /voting share , rights capital rights capital of ofTC a Acquirer(s)andPACs (otherthansellers)(*) ~2,91,161 l4.84% 53,34,927 18.45% b Seller (s) 12,91,183 ~.47% 2,47.417 0.86% Note: • (*) Shareholding of each entity may be sh?wn separately and then col kcti vcly in a group. • The above disclosure shall be signed by the acquirer mentioning date & pluct:. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers. Manjula Annamalai Promoter Group/ Acquirer //-'l~ Date: 21st October 2026 Place: Chennai Pag~ 3 of 3