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ANAND S DESAI
Date: November 07, 2026
1. BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai-400001, India
2. National Stock Exchange of India Limited
'Exchange Plaza', C-1, Block-G,
Bandra Kurla Complex
Bandra (East), Mumbai-400051, India
3. Anupam Rasayan India Limited
Office Nos. 1101 to 1107, 11th Floor, Icon Rio,
Behind Icon Business Centre, Dumas Road,
Surat-395007, Gujarat, India
Dear Sir/ Madam,
Sub: Revised Disclosure under Regulation 31(1) of the Securities and Exchange Board of
India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in response to
the email from BSE Limited dated November 02, 2026.
With reference to the disclosure submitted on October 01, 2026 and pursuant to the query
received from BSE Limited vide email, please find enclosed herewith revised disclosure under
Regulation 31(1) of the Securities and Exchange Board of India (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011, pursuant to creation of pledge on 31,40,000 equity
shares of Anupam Rasayan India Limited (the 11Company11) on September 22, 2026 and creation
of pledge on 39,01,160 equity shares of the Company on September 23, 2026, held by Anand
Sureshbhai Desai, Promoter of the Company, and creation of pledge on 50,00,000 equity shares
of the Company on September 23, 2026, held by Shraddha Anand Desai, a member of the
Promoter group of the Company, with the below change:
BSEQuery Details of revision made in disclosure
Only Trustee name mentioned and lender Name of lenders (debenture holders) is
name not provided under details of the added now in the disclosure as Annexure A
entity in whose favour shares are being forming part of the disclosure.
encumbered. Please mention the name of
both the entities i.e., the lender and the
trustee who may hold shares directly or on
behalf of the lender.
Address: 5, Janta Nagar Society, Opposite Kapadia Health Club, New Civil Road, Bhatar, Surat- 395001
(Gujarat). E-mail: anand.desai@anupamrasayan.com
ANAND S DESAI
Request you to kindly take the same on record and acknowledge the receipt.
Thanking You
Anand Sureshbhai Desai
Promoter, Anupam Rasayan India Limited
Encl: As above
Address: 5, Janta Nagar Society, Opposite Kapadia Health Club, New Civil Road, Bhatar, Surat- 395001
(Gujarat). E-mail: anand.desai@anupamrasayan.com
Disclosure by the Promoter(s) to the stock exchange and to the Target Company for encumbrance of shares/invocation of encumbrance/release of encumbrance, in terms of under Regulation 31{1) and
31{2) of SEBI (Substantial Acquisition of Shares and Takeovers} Regulations, 2011
Name of the Target Company (TC) Anupam Rasayan India Limited
(BSE SCRIP CODE: 543275; NSE SYMBOL: ANURAS)
Names of the Stock Exchanges where the shares of the target company are listed 1. BSE Limited; and
2. National Stock Exchange of India Limited.
Date of reporting 01.10.2026*
Name of the promoter or PAC on whose shares encumbrance has been created/Feleasea/mvekea Anand Sureshbhai Desai and Shraddha Anand Desai
Details of the creation/ mveEatieH/ Felease of encumbrance:
Name of the Promoter holding in Promoter holding already Details of events pertaining to encumbrance (3) Post event holding of
promoter(s) or PACs the target company (1) encumbered (2) encumbered shares
with him {creation [(2)+(3)] /
release [(2)-(3)] /
invocation [(1)-(3)]}
Number % of total Number % of Type of event Date of Type of Reasons for Number % of share Name of the Number % of
share total share (creation/ creation/ encumbrance encumbrance capital entity in total share
capital capital release/ invocation (pledge/ lien/ whose favor capital
invocation) release of non disposal shares
encumbrance undertaking/ encumbered
others)
Anand Sureshbhai 1,10,76,940 9.73% 38,35,780 3.37% Creation 22.09.2026 Pledge Security for 31,40,000 2.76% CTL 69,75,780 6.13%
Desai the due Trusteeship
payment and Limited
discharge of (Debenture
the debt Trustee), for
arising from the benefit
the allotment of Aditya
of 14,500 non - Birla
convertible Capital
debentures Limited,
having face holder of
value ofINR 14,500
1,00,000 I - NCDs,
each issued by
("NCDs") the
aggregating to Company.
INR 145
Crores, issued
by Anupam
Rasayan India
Limited.
Anand Sureshbhai 1,10,76,940 9.73% 69,75,780 6.13% Creation 23.09.2026 Pledge Security for 39,01,160 3.43% Catalyst 1,08,76,940 9.55%
Desai the due Trusteeship
- payment and Limited
discharge of (Debenture
the debt Trustee) for
arising from the benefit
the issuance of
and allotment debenture
of non- holders as
convertible mentioned
debentures, by in
Mates Visa AnnexureA
Consultancy forming
Private part of this
Limited disclosure
(wholly
owned
subsidiary of
the Company)
and Rehash
Industrial And
Resins
Chemicals
Private
Limited.
Shraddha Anand 77,86,435 6.84% 0 0 Creation 23.09.2026 Pledge Security for 50,00,000 4.39% Tata 50,00,000 4.39%
Desai the due Capital
repayment of Limited
loan availed
by Anand
Sureshbhai
Desai
Mona Anandbhai 41,40,625 3.64% 26,80,000 2.35% - - - - - - - 26,80,000 2.35%
Desai
Ushma Deven Mehta 2,00,000 0.18% 0 0 - - - - - - - 0 0
(holding shares on
behalf of Precision
Financial Investments,
a partnership firm, in
the capacity of the
partner of the firm)
Rehash Industrial and 72,17,040 6.34% 50,00,000 4.39% - - - - - - - 50,00,000 4.39%
Resins Chemicals
Private Limited
Gaurav Ramsarup 80 0.00% 0 0 - - - - - - - 0 0
KhuranaHUF
Panna Divyesh 6,25,000 0.55% 0 0 - - - - - - - 0 0
Vaidya
Kiran Pallavi 3,62,06,896 31.80% 0 0 - - - - - - - 0 0
Investments LLC
*Date of original reporting
Signature of the Authorized SignatoryoA nand Sureshbhai Desai
PlaceoS urat
Dateo0 7.11.2026
AnnexureA
(i) In respect of 27800 non-convertible debentures issued by Rehash Industrial and Resins Chemicals Private Limited (ISIN: INE0P3O07013), the list of
lenders to whom the debentures were issued on September 23, 2026 is as follows:
Sr.No. Particulars No. of Debentures
1. GSS INDIA OPPORTUNITIES AIF -SCHEME I 20100
2. EMERGING INDIA CREDIT OPPORTUNITIES FUND II 2200
3. ADITYA BIRLA CAPITAL LIMITED 5500
(ii) In respect of 30000 non-convertible debentures issued by Mates Visa Consultancy Private Limited (ISIN: INE30O007016), the list of lenders to whom
the debentures were issued on September 23, 2026 is as follows:
Sr. No. Particulars No. of Debentures
1. GSS INDIA OPPORTUNITIES AIF -SCHEME I 20100
2. EMERGING INDIA CREDIT OPPORTUNITIES FUND II 775
3. ADITYA BIRLA CAPITAL LIMITED 5500
4. TATA CAPITAL LIMITED 2200
5. INVESTEC CREDIT FINANCE PRIVATE LIMITED 1425