NSEUpdates20 Aug 2026 · 20 Aug 2026, 05:41 pm

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Ester Industries Limited · ESTER

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Ester Industries Limited has informed the Exchange regarding the cancellation of the proposed inter-se transfer of shares amongst the promoter and promoter group due to unforeseen circumstances.

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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Ester Industries Limited has informed the Exchange regarding 'Cancellation of proposed Inter-se Transfer of shares amongst Promoter and Promoter Group'.

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ESTER_20082026174036_DisclosureunderRegulation30.pdf

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INDUSTRIES LTD. CIN: L24111UR1985PLC015063 Date: 20th August 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (E), Mumbai – 400051 Scrip Code: 500136 Symbol: ESTER Dear Sir/Madam, Subject: Cancellation of proposed Inter-se Transfer of shares amongst Promoter and Promoter Group Ref: Disclosure submitted under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 dated 14th August 2026 With reference to the above-mentioned disclosure submitted to the Stock Exchanges by the Member of the Promoter Group on 14th August 2026 regarding proposed Inter-se Transfer of shares amongst them, we hereby state and inform that the said proposed Inter-se Transfer of shares will not be executed due to unforeseen circumstances and hereby, stands cancelled. The necessary disclosure for cancellation of such proposed transaction submitted by the Proposed Acquirer, being member of Promoter Group, is enclosed herewith. Kindly take the same on your record. Thanking You, For Ester Industries Limited Poornima Gupta Company Secretary & Compliance Officer Membership No.: A49876 Encl: As above Date: 20th August 2026 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) Department of Corporate services Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Dalal Street, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 500136 Symbol: ESTER Dear Sir I Madam, Subject: Cancellation of proposed inter-se transfer of shares between the promoter and promoter group Reference: Intimation under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI Takeover Regulations") With reference to the captioned subject above, I Ayush Vardhan Singhania, Member of the Promoter Group of Ester Industries Limited (hereafter referred to as "Company"), hereby wish to inform that as per the earlier intimation under Regulation 10(5) of SEBI Takeover Regulations, dated 14th August 2026 regarding the proposed acquisition of 3797468 equity shares carrying 3.64% voting rights of the Target company from Mr. Arvind Singhania, Promoter of the Company, will not be executed due to unforeseen circumstances and therefore the aforesaid lnter-se Transfer shall stands cancelled. I hereby declare that the above information is correct and that no provision of the SEBI Takeover Regulations and/or any other applicable laws/regulations, have been contravened in regard to aforementioned transaction. Kindly take the above information on record. Yours Faithfully, Ayush Vardhan Singhania (Acquirer) Copy to: Ester Industries Limited, Plot No.11, Block-A, lnfocity-1, Sector -34, Gurugram - 122001