Bbigplas Poly Private Limited Reports Share Acquisition in Ddev Plastiks Industries to SEBI

Bbigplas Poly Private Limited has filed a comprehensive report with the Securities and Exchange Board of India (SEBI) regarding its recent acquisition of equity shares in Ddev Plastiks Industries Limited. The transaction, completed in February 2026, represents an inter-se transfer among promoter group members under the SEBI Takeover Regulations. Transaction Details The acquisition was executed across two dates, with shares purchased from three promoter group members at a uniform price of Rs. 380.00 per share. The transaction was structured as an inter-se transfer among promoters, qualifying for exemption under Regulation 10(1)(a)(ii) of the SEBI Takeover Regulations. Parameter Details Acquisition Date February 4, 2026 (Narrindra Suranna & Tara Devi Surana) February 5, 2026 (Ddev Surana) Price per Share Rs. 380.00 Target Company Ddev Plastiks Industries Limited Listing Exchanges BSE Limited (Scrip: 543547), NSE (Code: DDEVPLSTIK) Shareholding Changes The acquisition resulted in a marginal increase in Bbigplas Poly's stake in Ddev Plastiks Industries Limited. The company's shareholding pattern shows the impact of the inter-se transfer among promoter group entities. Entity Before Acquisition After Acquisition Shares Percentage Shares Percentage Bbigplas Poly Private Limited 76,750,853 74.17% 77,600,455 74.99% Sellers Combined Narrindra Suranna 15,862 0.02% 550 ~0.00% Tara Devi Surana 83,055 0.08% 500 ~0.00% Ddev Surana 752,235 0.73% 500 ~0.00% Regulatory Compliance Bbigplas Poly has demonstrated comprehensive compliance with SEBI regulations throughout the acquisition process. The company filed the required intimations under Regulation 10(6) on February 6, 2026, and submitted the mandatory fees of Rs. 177,000 (inclusive of 18% GST) through SEBI's online filing system. The acquisition price of Rs. 380.00 per share was validated against the volume-weighted average market price (VWAP) of Rs. 316.58 for the sixty trading days preceding the notice issuance. The acquisition price remained within the permissible 25% premium threshold as specified under the regulations. Corporate Structure The transaction involved entities within the same promoter group of Ddev Plastiks Industries Limited. All parties - the acquirer Bbigplas Poly Private Limited and the sellers Narrindra Suranna, Ddev Surana, and Tara Devi Surana - are classified as promoters and persons acting in concert. The sellers are immediate relatives as defined under the SEBI regulations, facilitating the inter-se transfer exemption. Both companies maintain their registered offices at 2B, Pretoria Street, Kolkata - 700071, reflecting the close corporate relationship between the entities. The transaction was digitally signed by directors Narrindra Suranna (DIN: 00060127) and Ddev Surana (DIN: 08357094) on February 27, 2026. Ddev Plastiks Industries has delivered impressive financial results for the nine months of FY26, demonstrating sustained growth momentum despite challenging geopolitical conditions. The company's strategic initiatives in capacity expansion and diversification into renewable energy sectors have contributed to its robust performance across key financial metrics. Financial Performance Highlights The company's financial performance for 9MFY26 showcased strong growth across all major parameters: Metric: 9MFY26 YoY Growth Revenue: ₹2,182 crore +17% EBITDA: ₹234 crore +13% EBITDA Margin: 11% - PAT: ₹147 crore +11% Exports: ₹523 crore +33% The export performance was particularly noteworthy, with exports reaching ₹523 crore, reflecting a substantial 33% year-on-year growth. This strong export performance demonstrates the company's expanding international presence and market acceptance of its products. Earnings Call Recording Available Following regulatory compliance requirements, Ddev Plastiks Industries has uploaded the audio recording of its earnings conference call conducted on February 10, 2026, for Q3FY26 results. The recording has been made available on the company's website at www.ddevgroup.in under the "Recording" section within the Earnings Call tab. Compliance Details: Information Call Date: February 10, 2026 Results Period: Q3FY26 (ended December 31, 2025) Board Approval: February 10, 2026 Website Access: www.ddevgroup.in/media-centre-interaction Regulatory Reference: SEBI Regulation 30(6) Strategic Diversification into BESS Manufacturing Ddev Plastiks has made a decisive strategic move to enter the Battery Energy Storage Systems (BESS) manufacturing sector, capitalizing on India's renewable and power sector growth momentum. This diversification positions the company at the forefront of the energy transformation landscape, leveraging the global energy storage market's rapid evolution and expansion driven by worldwide decarbonization objectives and renewable energy integration. Capacity Enhancement Initiatives The company's capacity enhancement programs progressed according to schedule during the quarter: Capacity Addition: Details Total Added Capacity: 30,000 MTPA PVC Capacity: 25,000 MT HFFR Capacity: 5,000 MT Funding Source: Internal Accruals All capex plans have been funded through internal accruals, reflecting the company's strong balance sheet and cash generation capabilities. The company is also planning further capacity expansions in XLPE compounds, where it already commands an impressive market share of approximately 33%. Market Position and Growth Drivers The company operates across multiple segments including Power Cables, Building Wires, and Control & Instrumentation Cables. Growth drivers across these segments include investments in power transmission and distribution, capacity additions in solar and wind energy, smart cities mission, affordable housing schemes, and increased industrial capex across sectors such as Auto, Steel, Oil and Gas, and Power. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. 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