Available Finance Limited Reports Share Transmission Under SEBI SAST Regulations

Available Finance Limited has reported the transmission of equity shares to a new promoter following regulatory procedures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company submitted the required documentation to BSE Limited on April 03, 2026.

Share Transmission Details

Ms. Vanshika Agarwal (PAN: BEOPA4599D) has acquired 1,000 equity shares of Rs. 10 each through transmission from Late Mrs. Neenadevi Agarwal, who was an erstwhile promoter of the company. This acquisition represents 0.001% of the company's total equity share capital.

Parameter: Details Shares Transmitted: 1,000 equity shares Face Value: Rs. 10 each Percentage of Capital: 0.001% Transmission Method: Inheritance/Succession New Promoter: Ms. Vanshika Agarwal

Regulatory Compliance

The transaction qualifies for exemption from open offer requirements under Regulation 10(1)(g) of SEBI (SAST) Regulations, 2011, which covers acquisitions through transmission, succession, or inheritance. No prior intimation was required under Regulation 10(5) as the transaction falls under the specified exemption category.

Shareholding Structure Changes

The transmission has resulted in changes to the promoter shareholding structure. Ms. Vanshika Agarwal has now become a promoter by substituting Late Mrs. Neenadevi Agarwal's position in the company's promoter group.

Promoter Details: Pre-Transaction Shares Post-Transaction Shares Shareholding % Late Mrs. Neenadevi Agarwal: 1,000 0 0.000% Ms. Vanshika Agarwal: 0 1,000 0.001% Mr. Tapan Agarwal: 15,10,828 15,10,828 14.806% Vinod Agarwal Legacy Trust: 100 100 0.000%

Documentation and Filings

The company has submitted comprehensive documentation to BSE Limited, including the formal report from Ms. Vanshika Agarwal and detailed disclosures under Regulation 10(6). Company Secretary Suyash Choudhary (Mem No.: A57731) signed the submission on behalf of Available Finance Limited, ensuring all regulatory requirements are met for the share transmission process.

Available Finance Limited has received a disclosure under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations from promoter group member Tapan Agarwal regarding a significant share acquisition. The transaction, completed on March 24, 2026, involved the purchase of 7,35,281 equity shares worth ₹9,58,37,995.24.

Transaction Details

The acquisition was executed through an inter-se transfer amongst promoter and promoter group from Archana Coal Private Limited. The shares were acquired at ₹130.41 per share, representing the actual market price at the time of transaction. The company filed the requisite regulatory disclosures with BSE Limited on March 27, 2026.

Parameter: Details Shares Acquired: 7,35,281 equity shares Price per Share: ₹130.41 Total Value: ₹9,58,37,995.24 Transaction Date: March 24, 2026 Transferor: Archana Coal Private Limited Mode: Inter-se transfer

Shareholding Pattern Changes

The acquisition resulted in a substantial increase in Tapan Agarwal's stake in the company. His shareholding percentage rose from 7.611% to 14.817%, while Archana Coal Private Limited's holding decreased from 57.224% to 49.224%.

Shareholding Details: Before Acquisition After Acquisition Change Tapan Agarwal Shares: 7,76,647 15,11,928 +7,35,281 Tapan Agarwal %: 7.611% 14.817% +7.206% Archana Coal Shares: 58,38,945 50,22,649 -8,16,296 Archana Coal %: 57.224% 49.224% -8.000%

Regulatory Compliance

The transaction was conducted pursuant to exemption under Regulation 10(1)(a)(iv) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. Tapan Agarwal filed the requisite disclosure under Regulation 10(6) with BSE Limited on March 27, 2026, following the prior disclosure made on March 17, 2026, under Regulation 10(5). The transaction qualifies for exemption from the open offer requirement as it represents an inter-se transfer amongst promoters and promoter group members.

Company Information

Available Finance Limited's equity share capital remains unchanged at 1,02,03,700 equity shares of ₹10 each, aggregating ₹10,20,37,000. The company's shares are listed on BSE Limited with scrip code 531310.

About the Acquirer

Tapan Agarwal serves as President Corporate and COO of S.A & Iron Ore Division at Agarwal Coal Corporation Pvt Ltd, and is also CEO of Emerald Developers, Agarwal Real City Pvt Ltd, and Agarwal Real Infra LLP. He is an established member of the promoter group with significant business interests across multiple sectors. His registered office is located at Agarwal House, 5 Yeshwant Colony Indore 452003 MP.

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