NSEGeneral Updates6d ago · 25 Aug 2026, 04:57 pm
General Updates
Bhagyanagar India Limited · BHAGYANGR
✦ AI Summary▲ Positiveclarification
Bhagyanagar India Limited has clarified that the transfer of 12,73,335 equity shares by Mr. Devendra Surana to Bhagyanagar Copper Private Limited was solely for hedging purposes and does not constitute a sale or purchase transaction. The shares continue to form part of Mr. Devendra Surana's shareholding under the category 'Promoters' Holding'.
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Governance Concern1/10
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Bhagyanagar India Limited has informed the Exchange about General Updates
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BHAGYANGR_25082026165612_BILCLARIFICATION_SD.pdf
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BHAGYANAGAR INDIA LIMITED
1SO-9001-2008 Certified Company Registered Office :
Surana Group Plot No. 9/13/1 & P-9/14, 1.D.A. Nacharam,
Hyderabad -500 076. Telangana, India.
Tel. : +91 40 27152861, 27151278
Fax : +91 40 27172140, 27818868
Email : bil@surana.com
Website : www.bhagyanagarindia.com
CIN No. : L27201TG1985PLC012449
BIL/SECT/36/2026-27 Date: 2254™ August, 2026
The Secretary, The Secretary,
National Stock Exchange of India Ltd., BSE Limited,
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (E), Dalal Street,
Mumbai- 400 051. Mumbai- 400 001.
Serip Code: BHAGYANGR Serip Code: 512296
i Dear Sir/Madam,
Sub: Clarification with respect to disclosure appearing on portal of BSE / NSE
Ref: Our e-mail, dated 16.01.2026
With reference to the subject cited, our e-mail disclosures / clarifications in this regard,
more specifically our e-mail, dated 16.01.2026, wherein it was clarified that the
12,73,335 equity shares were transferred by Mr. Devendra Surana to
Bhagyanagar Copper Private Limited, a wholly owned subsidiary of
Bhagyanagar India Limited, through an off-market transaction solely to
facilitate the required pledge for hedging purposes. The transaction was
recorded under Reason Code 90 — “Transfer between Director and
Company” in the NSDL Delivery Instructions Slip, with no
consideration paid or received.
We now wish to inform that the purported sale of the said 12,73,335
equity shares by Mr. Devendra Surana, as reflected on the BSE/NSE
portals, stands reversed. As no consideration was paid or received, the
said transaction does not constitute a sale or purchase transaction.
Accordingly, the 12,73,335 equity shares continue to form part of Mr.
Devendra Surana’s shareholding under the category “Promoters’
Holding” and shall be disclosed accordingly.
This is for your information and records.
With regards
FOR BHAGYANAGAR INDIA LIMITED,
DEVENDRA SURANA
MANAGING DIRECTOR
DIN: 00077296