Authum Investment & Infrastructure Limited Increases Stake in Prataap Snacks to 44%

Prataap snacks Limited has been the subject of another substantial acquisition disclosure by Authum Investment & Infrastructure Limited, as mandated under SEBI's regulatory framework. The latest acquisition represents a continued strategic move by the promoter group company to further consolidate its position in the snack foods manufacturer.

Latest Acquisition Details

Authum Investment & Infrastructure Limited acquired 80,000 equity shares of Prataap Snacks Limited through market purchase on March 30, 2026. The transaction was disclosed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeover Regulations, 2011.

Parameter: Details Shares Acquired: 80,000 Acquisition Method: Market Purchase Date of Acquisition: March 30, 2026 Share Face Value: ₹5 per share Percentage Acquired: 0.33%

Updated Shareholding Pattern

The latest acquisition has resulted in Authum Investment crossing the 44% threshold in Prataap Snacks Limited. The company's shareholding position demonstrates its continued commitment as a promoter group entity with enhanced control.

Shareholding Position: Before Latest Acquisition After Latest Acquisition Change Number of Shares: 1,04,35,736 1,05,15,736 +80,000 Percentage Holding: 43.66% 44.00% +0.33% Voting Rights: 43.66% 44.00% +0.33%

Company Capital Structure

Prataap Snacks Limited's equity share capital structure remains unchanged following this acquisition. The company maintains its listing status on both major Indian stock exchanges.

Capital Details: Information Total Equity Shares: 2,39,00,929 Face Value per Share: ₹5 Total Share Capital: ₹11,95,04,645 Listed Exchanges: BSE Limited and National Stock Exchange of India Limited

Regulatory Compliance

The disclosure was made by Divy Dangi, Whole Time Director of Authum Investment & Infrastructure Limited, in compliance with SEBI regulations. The acquired shares are ordinary equity shares without any special rights or encumbrances. Authum Investment continues to operate as a promoter group entity in relation to Prataap Snacks Limited, maintaining transparency in its shareholding activities through proper regulatory filings. The company has now crossed the 44% threshold, indicating strengthened promoter control in the snack foods manufacturer.

Prataap Snacks Limited has announced a key leadership change with the resignation of its Sr. Vice President & Head – Sales. The company informed stock exchanges about this senior management personnel departure in compliance with regulatory requirements.

Senior Sales Executive Departure

Mr. Amrit Choudhary has resigned from his position as Sr. Vice President & Head – Sales, citing personal reasons for his decision. The resignation was formally submitted on January 9, 2026, with an effective date of February 21, 2026, at the closure of business hours.

Parameter: Details Executive Name: Mr. Amrit Choudhary Position: Sr. Vice President & Head – Sales Resignation Date: January 9, 2026 Effective Date: February 21, 2026 Reason: Personal reasons

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sanjay Chourey communicated the resignation details to both the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with regulatory requirements.

Executive's Farewell Message

In his resignation letter addressed to Managing Director & Chief Executive Officer Mr. Amit Kumat, Choudhary expressed gratitude for his tenure with the organization. He described his association with the company as "beautiful" and mentioned carrying "priceless memories" from his time in the leadership role. The executive acknowledged that the decision was not easy but emphasized that personal circumstances necessitated this career move.

Management Transition

The resignation represents a significant change in Prataap Snacks' sales leadership structure. The departure of the Sr. Vice President & Head – Sales position indicates the company will need to address this key leadership vacancy in its sales operations. The company has accepted the resignation, as evidenced by the Managing Director's acceptance signature on the resignation letter.

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