BSECompany Update2d ago · 29 Jul 2026, 06:15 pm

Declaration under Regulation 29(2) of the SEBI(SAST) Regulations, 2011 for sale of equity shares of Maxgrow India Limited for your reference and record.

Maxgrow India Ltd · 521167

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Maxgrow India Ltd has made a declaration under Regulation 29(2) of the SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011, disclosing the sale of equity shares of Metal Industrial Pte Limited & Sadhana Uday by Chourasia, a promoter of Maxgrow India Ltd, resulting in a change in the promoter's holding from 92.82% to 89.78%.

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Maxgrow India Ltd - 521167 - Disclosure Under Regulation 29(2) SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011

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MAXGROW INDIA LIMITED Suchita Business Park, Ground Floor, Office No. UG-50, Y. G. Seth Marg, Ghatkopar - East, Mumbai - 400 075. CTS No. 5808.Email: maxgrowlegal@gmail.com | info@maxgrowindia.in CIN–L51100MH1994PLC076018 | Web: www.maxgrowindia.in Date: 29.07.2026 The Secretary Bombay Stock Exchange Limited Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001 E-mail: corp.relations@bseindia.com Dear Madam/Sir, Enclosed please find herewith a declaration under Regulation 29 (2) of the SEBI SAST Regulations, 2011 for sale of equity shares of Maxgrow India Limited for your reference and record. Kindly acknowledge the receipt. Yours Sincerely, Name: Shivkumar Ramsagar Pasi Designation: Director DIN: 10869886 MAXGROW INDIA LIMITED Suchita Business Park, Ground Floor, Office No. UG-50, Y. G. Seth Marg, Ghatkopar - East, Mumbai - 400 075. CTS No. 5808.Email: maxgrowlegal@gmail.com | info@maxgrowindia.in CIN–L51100MH1994PLC076018 | Web: www.maxgrowindia.in Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Maxgrow India Limited Name of the Target Company (TC) Metal Industrial Pte Limited & Sadhana Uday Name(s) of the acquirer and Persons Acting in Concert (PAC) Chourasia with the acquirer Whether the acquirer belongs to Promoter/Promoter group Bombay Stock Exchange (BSE) Name(s) of the Stock Exchange(s) where the shares of TC are Listed Number % w.r.t.total % w.r.t. total share/voting diluted Details of the acquisition / disposal as follows capital share/voting wherever capital of the TC applicable(* (**) 3,70,76,072 92.82 92.82 Before the acquisition under consideration, holding of : a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) e) Total (a+b+c+d) 3,70,76,072 92.82 92.82 11,25,514 3.04 3.04 Details of acquisition/sale a) Shares carrying voting rights acquired/sold b) VRs acquired /sold otherwise than by 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 e) Total (a+b+c+/-d) 11,25,514 3.04 3.04 MAXGROW INDIA LIMITED Suchita Business Park, Ground Floor, Office No. UG-50, Y. G. Seth Marg, Ghatkopar - East, Mumbai - 400 075. CTS No. 5808.Email: maxgrowlegal@gmail.com | info@maxgrowindia.in CIN–L51100MH1994PLC076018 | Web: www.maxgrowindia.in 3,59,50,558 89.78 89.78 After the acquisition/sale, holding of: a) Shares carrying voting rights b) Shares encumbered with the acquirer c) VRs otherwise than by 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 e) Total (a+b+c+d) 3,59,50,558 89.78 89.78 Off-Market Transfer Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc). 28.07.2026 Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable 3,99,45,065 Equity share capital / total voting capital of the TC before the said acquisition / sale 3,99,45,065 Equity share capital/ total voting capital of the TC after the said acquisition / sale 3,99,45,065 Total diluted share/voting capital of the TC after the said 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. Yours Faithfully, For Maxgrow India Limited Name: Shivkumar Ramsagar Pasi Designation: Director DIN: 10869886 Place: Mumbai Date: 29.07.2026