BSEInsider Trading / SAST6d ago · 31 Jul 2026, 10:17 am

The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sadhana Uday Chourasia & Other

Maxgrow India Ltd · 521167

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Maxgrow India Ltd has received a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding an off-market transfer of 11,25,513 equity shares (2.82% of total paid-up capital) from Metal Industrial Pte. Limited, a promoter, to Ms. Sadhana Uday Chourasia, a public shareholder, to facilitate compliance with Minimum Public Shareholding (MPS) requirements.

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Maxgrow India Ltd - 521167 - Revised Disclosures under Reg. 29(2) of SEBI (SAST) 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: 30.07.2026 The Secretary Bombay Stock Exchange Limited Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001 E-mail: corp.relations@bseindia.com Script Code: 521167 Dear Madam/Sir, Subject: Revised Disclosure with respect to off market transfer of shares of Maxgrow India Limited from Promoter to public shareholder. The Maxgrow India Limited (“Company”) has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from Metal Industrial Pte. Limited, a Promoter of the Company, in respect of an off-market transfer of 11,25,513 equity shares (2.82% of total paid up capital of Company) to Ms. Sadhana Uday Chourasia, a public shareholder. The said transfer has been undertaken to facilitate compliance with the Minimum Public Shareholding (MPS) requirements applicable to the Company. Consequently, the aggregate promoter shareholding stands reduced from 92.82% to 90.00%, and the public shareholding has increased from 7.18% to 10.00%. Kindly take the enclosed disclosure on record. Kindly acknowledge the receipt. Yours Sincerely, Maxgrow India Limited Name: Shivkumar Ramsagar Pasi Designation: Managing 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) Acquirer: Sadhana Uday Chourasia Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer Seller: Metal Industrial Pte. Limited, Promoter 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/sale 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 11,25,513 2.82 2.82 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) 11,25,513 2.82 2.82 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 3,59,50,559 90 90 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) 3,59,50,559 90 90 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 Rs. 199,725,325 (3,99,45,065 equity shares of Equity share capital / total voting capital of the TC before the Rs. 5/- each) said acquisition / sale Rs. 199,725,325 (3,99,45,065 equity shares of Equity share capital/ total voting capital of the TC after the Rs. 5/- each) said acquisition / sale Rs. 199,725,325 (3,99,45,065 equity shares of Total diluted share/voting capital of the TC after the said Rs. 5/- each) 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: Managing Director DIN: 10869886 Place: Mumbai Date: 30.07.2026