23-Oct-2026 09:55:16

SHRIDINEAcquisition and merger

SHRI DINESH MILLS : PROMOTER INTER-SE GIFT TRANSFER OF 24.34% STAKE, NO CONSIDERATION

• Promoter Bharatbhai Upendrabhai Patel to acquire 13,63,245 shares (24.34%) from four promoter group holders by gift, on or after October 29, 2026 • Transfer at NIL price under Regulation 10(1)(a)(i) inter-se transfer amongst immediate relatives; exempt from open offer • Rationale: private family arrangement to streamline the family's assets and businesses • Total promoter and promoter group shareholding unchanged after the transfer Impact: Neutral (Administrative inter-se promoter transfer with no cash consideration and no change in promoter holding)

Shri Dinesh Mills Ltd-$

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