HLE GLASCOAT LIMITED: PROMOTER GROUP INTER-SE SHARE TRANSFER

• Aalap Nilesh Patel acquired 69,45,474 equity shares (10.00% stake) from Nilesh Khushalbhai Patel via gift. • Transaction is an inter-se transfer of shares amongst promoter and promoter group members. • Acquisition was made pursuant to exemption under Regulation 10(1)(a)(i) of the Takeover Regulations. • Prior disclosure under Regulation 10(5) was made on August 24, 2026. • Post-acquisition, Aalap Nilesh Patel holds 11.36% stake and Nilesh Khushalbhai Patel holds 14.77% stake. Impact: Neutral (Inter-se transfer within promoter group)

HLE Glascoat Limited

Open attachment

← Back to feed