Bijoy Hans Limited Equity Shares Delisted from Calcutta Stock Exchange with Effect from March 18, 2026

Bijoy Hans Limited has announced that its equity shares have been delisted from the Calcutta Stock Exchange Limited with effect from March 18, 2026. The company received an official delisting order dated March 17, 2026, from the Calcutta Stock Exchange Limited regarding this development.

Delisting Details

The delisting has been implemented under the SEBI (De-listing of Equity Shares) Regulations, 2021, following approval for voluntary delisting by the exchange. The company made this disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details Delisting Date: March 18, 2026 Order Date: March 17, 2026 Scrip Codes: 12097 & 10012097 Regulatory Framework: SEBI (De-listing of Equity Shares) Regulations, 2021

Continued BSE Listing

Bijoy Hans Limited has emphasized that the delisting from Calcutta Stock Exchange Limited does not impact its listing status on other exchanges. The company's equity shares continue to remain listed on BSE Limited, where they trade under scrip code 524723. Trading activities on BSE Limited remain completely unaffected by the Calcutta Stock Exchange delisting.

Official Communication

The announcement was signed by Kaushal Uttam Shah, Managing Director of Bijoy Hans Limited (DIN: 02175130), and communicated to both BSE Limited and Calcutta Stock Exchange Limited. The Calcutta Stock Exchange issued its official notice through Chandran Datta, OSD & Company Secretary, confirming the voluntary delisting approval.

This development represents a strategic move by the company to streamline its exchange listings while maintaining its presence on BSE Limited for continued trading operations.

Bijoy Hans Limited's board of directors concluded a comprehensive meeting on March 17, 2026, approving significant corporate restructuring measures and strategic initiatives. The meeting, conducted at shorter notice under Regulation 30 of SEBI Listing Regulations, commenced at 3:00 PM and concluded at 5:00 PM, addressing twelve major agenda items.

Corporate Rebranding Initiative

The board approved changing the company name from "Bijoy Hans Limited" to "Arvaya Healthcare Limited." This strategic rebranding is designed to better reflect the company's business activities, vision, and long-term objectives, subject to regulatory approvals and shareholder consent.

Enhanced Financial Authorizations

The board approved substantial increases in financial limits to strengthen operational flexibility:

Financial Authorization: Amount Legal Framework Borrowing Limits: ₹200 crores Section 180(1)(c) of Companies Act, 2013 Loans, Guarantees & Investments: ₹200 crores Section 186 of Companies Act, 2013 Related Party Transactions: ₹100 crores Section 185 of Companies Act, 2013

All financial proposals require shareholder approval through special resolutions via postal ballot process.

Leadership Structure Changes

Significant executive appointments and remuneration revisions were approved:

Executive Changes: Details Effective Date Managing Director Kaushal Shah: Remuneration revision approved Subject to shareholder approval CFO Abhiram Ranganath: Remuneration revision approved April 1, 2026 Salil Shetty: Designation change to Executive Director & CEO April 1, 2026

Corporate Structure Expansion

The board approved fundamental changes to the company's capital structure:

Corporate Modifications: Current Structure Proposed Structure Authorized Share Capital: ₹60 crores ₹200 crores Equity Shares: 6 crore shares of ₹10 each 20 crore shares of ₹10 each Articles of Association: Updated alignment Companies Act, 2013 compliance

Technology Partnership Development

The board noted the issuance of a non-binding Letter of Intent to GTT Data Solutions Limited for technology platform development, valued at up to ₹5 crores. The consideration structure allows for payment in cash or equity, subject to due diligence, independent valuation, and definitive agreements.

Governance Framework

To facilitate shareholder approvals, the board authorized a postal ballot process under Section 110 of the Companies Act, 2013. Mr. Chinmay Mohan Lele, Practicing Company Secretary, has been appointed as Scrutinizer to oversee the postal ballot process and ensure fair and transparent proceedings.

The comprehensive restructuring positions the company for enhanced operational capabilities in the healthcare sector while modernizing its governance framework and financial flexibility.

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