NSEUpdates24 Aug 2026 · 24 Aug 2026, 05:53 pm

Updates

Bharat Rasayan Limited · BHARATRAS

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Bharat Rasayan Limited has informed the Exchange regarding 'Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. The company has received an intimation from MPG Family Trust regarding the acquisition of 11,59,673 (6.9771%) equity shares via Off-market transfer by way of Gift having NIL Value from promoter and promoter group.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern4/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Bharat Rasayan Limited has informed the Exchange regarding 'Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations )'.

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BHARATRAS_24082026174906_Stock_Exchange_Intimtation_After_Acquisition_Reg_30.pdf

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Date: 24.08.2026 Listing Department National Stock Exchange of India Limited Mumbai – 400001 Trading Symbol: “BHARATRAS” Dear Sir/Ma’am, Subject: Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) This is to inform you that the Company has received an intimation today i.e. Monday, August 24, 2026 from MPG Family Trust (“Acquirer Trust”), part of Promoter and Promoter Group of the Company, regarding the acquisition of 11,59,673 (6.9771%) equity shares via Off-market transfer by way of Gift having NIL Value from promoter and promoter group pursuant to the exemption received via SEBI Order No. WTM/KCV/CFD/03/2026-27 dated 12 June, 2026. With the said acquisition, the Acquirer Trust’s total shareholding in Bharat Rasayan Limited stands at 6.9771%. However, there is no change in control or management of the Company pursuant to this acquisition, as stipulated under SEBI Master Circular No. SEBI/HO/CFD/PoD- 1/P/CIR/2023/31 dated February 16, 2023. Necessary disclosure as required in accordance with SEBI Listing Regulations read with SEBI Master Circular No. is enclosed herewith as Annexure–A. The above information is also being made available on the website of the Company at www.bharatgroup.co.in. This is for your information and records. Annexure-A Particulars Details Acquirer(s) have acquired the 11,59,673 (6.9771%) equity shares via Off-market transfer by way of Gift having NIL Value from promoter and promoter group pursuant to the exemption received via SEBI Order No. WTM/KCV/CFD/03/2026-27 dated 12 June 2026 and copy of the same is enclosed herewith Details and reasons for 1. as Annexure-B. restructuring The said Acquisition is only a private family arrangement and a non- commercial transaction for smooth succession planning of the promoter’s family and to streamline the promoter’s family assets and businesses. The acquisition has been effected by way of gift / without monetary consideration, as a private family arrangement and non- commercial transaction undertaken for succession planning and internal re- organization within the Promoter Quantitative and/ or family, pursuant to the exemption granted by SEBI vide Order 2. qualitative effect of No. WTM/KCV/CFD/03/2026-27 dated 12 June 2026 (issued restructuring under Regulation 11(5) of the SEBI (SAST) Regulations, 2011). However, there is no change in control or management of the Target Company pursuant to this acquisition, as stipulated under SEBI Master Circular No. SEBI/HO/CFD/PoD- 1/P/CIR/2023/31 dated February 16, 2023. Details of benefit, if any, to This acquisition is in furtherance to an internal reorganization the promoter/promoter 3. within the Promoter Family and is intended to streamline group/companies from such succession and promote the welfare of the Promoter Family. proposed restructuring The pre-acquisition and post-acquisition shareholding of the Promoter and Promoter group in the Company will remain the Brief details of change in same. There is no change in the public shareholding of the 4. shareholding pattern (if any) Company. of all entities The shareholding of the Acquirer Trust in Bharat Rasayan Limited is 6.9771%.