Gaurang R Shah HUF has made another share disposal in Kotyark Industries, selling 1,383 equity shares on March 27, 2026, which reduced its holding from 3.39% to 3.38%. Combined with an earlier transaction disposing 1,10,648 shares, the HUF has now reduced its total stake by 1.09% from the original 4.47% holding. The promoter group's collective shareholding now stands at 63.84%.

Gaurang R Shah HUF Further Reduces Stake in Kotyark Industries Through Market Sales

Kotyark Industries Limited has received another disclosure from Gaurang R Shah HUF, a member of the promoter group, regarding additional disposal of equity shares through open market transactions. Following an earlier transaction in March, the HUF has filed another disclosure on March 31, 2026, to both NSE and BSE exchanges.

Latest Transaction Details

The HUF disposed of an additional 1,383 equity shares of Kotyark Industries on March 27, 2026, representing a 0.01% change in shareholding. This transaction was executed through open market sale mechanism.

Transaction Parameter: Details Date of Latest Transaction: March 27, 2026 Number of Shares Sold: 1,383 Percentage Change: 0.01% Mode of Sale: Open Market

Cumulative Shareholding Changes

The recent disposal resulted in a further reduction of Gaurang R Shah HUF's shareholding in Kotyark Industries. The HUF's holding decreased from 3.39% to 3.38% following the latest transaction.

Transaction Period: Shares Disposed Cumulative Impact March 25, 2026: 1,10,648 shares 1.08% reduction March 27, 2026: 1,383 shares 0.01% reduction Total Reduction: 1,12,031 shares 1.09% total impact

Updated Shareholding Pattern

Following both transactions, the current shareholding pattern shows Gaurang R Shah HUF holding 3,47,169 shares representing 3.38% of the company's equity.

Holding Status: Number of Shares Percentage Holding Before All Transactions: 4,59,200 4.47% After Latest Transaction: 3,47,169 3.38% Total Shares Disposed: 1,12,031 1.09%

Current Promoter Group Holdings

The promoter group's collective shareholding in Kotyark Industries now stands at 63.84% following the latest transaction. Key promoter group members and their current holdings include:

Mr. Gaurang Rameshchandra Shah: 51,66,135 shares (50.26%)

Mrs. Bhaviniben Gaurang Shah: 8,83,887 shares (8.60%)

Gaurang R Shah HUF: 3,47,169 shares (3.38%)

Mr. Brijkumar Gaurang Shah: 97,500 shares (0.95%)

Mr. Vandan Gaurang Shah: 67,500 shares (0.66%)

Company Share Capital Structure

Kotyark Industries Limited's equity share capital structure remains unchanged at ₹10,27,91,160 divided into 1,02,79,116 equity shares of ₹10.00 each. The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Kotyark Industries Limited has published newspaper advertisements for its postal ballot notice in compliance with SEBI regulations, while maintaining its comprehensive e-voting process for key corporate appointments. The company continues its structured approach to shareholder engagement following its migration to the main board.

Regulatory Compliance and Advertisement Publication

The company has fulfilled its regulatory obligations by publishing postal ballot advertisements in newspapers on March 25, 2026. This publication ensures wider shareholder awareness and compliance with listing requirements.

Publication Details: Information Advertisement Date: Wednesday, March 25, 2026 English Newspaper: Free Press Gujarat Newspaper Gujarati Newspaper: Lokmitra Newspaper Regulation Compliance: SEBI Regulation 30 and 47 Website Availability: www.kotyark.com

E-Voting Timeline and Process

The remote e-voting process maintains its established timeline to ensure comprehensive shareholder participation. The company has engaged National Securities Depository Limited (NSDL) as the e-voting service provider for seamless digital voting.

E-Voting Parameters: Details E-Voting Start: Wednesday, March 25, 2026 at 9:00 A.M. IST E-Voting End: Thursday, April 23, 2026 at 5:00 P.M. IST Cut-off Date: Friday, March 20, 2026 Result Declaration: On or before Monday, April 27, 2026 Service Provider: National Securities Depository Limited (NSDL) Scrutinizer: M/s. SCS and Co. LLP

Key Resolutions for Approval

The postal ballot contains two significant resolutions requiring shareholder approval, both aligned with the company's corporate governance enhancement strategy following main board migration.

Director Appointment Resolution

The first resolution seeks approval for Mr. Viral Mukeshbhai Mamtora's appointment as Non-Executive Independent Director, bringing valuable finance and accounts expertise to the board.

Director Information: Details Name: Mr. Viral Mukeshbhai Mamtora DIN: 08440935 Position: Non-Executive Independent Director Term Duration: 1 year (January 29, 2026 to January 28, 2027) Qualification: Bachelor's in Commerce, Associate Member ICAI Experience: Over 15 years in Finance and Accounts Current Role: Proprietor of M/s. Viral M. Mamtora & Associates

Secretarial Auditor Appointment

The second resolution addresses the appointment of M/s. Mittal V. Kothari & Associates as Secretarial Auditor for a five-year term, ensuring regulatory compliance following the company's main board listing.

Auditor Details: Information Firm: M/s. Mittal V. Kothari & Associates COP Number: 17202 Peer Review Certificate: 4577/2023 Term Duration: 5 consecutive years Term Period: Financial Year 2025-26 to 2029-30 Proprietor Experience: Over 8 years in Company Law, LLP Law, SEBI Laws Specialization: Listed company assignments, SEBI regulations

Corporate Governance Framework

These appointments represent Kotyark Industries' systematic approach to strengthening corporate governance following its main board transition. The five-year secretarial auditor term provides stability in compliance oversight, while the independent director appointment enhances board expertise in financial matters.

The postal ballot process demonstrates the company's commitment to transparent shareholder engagement and regulatory compliance. The electronic voting system ensures accessibility for all shareholders while maintaining the integrity of the approval process for these crucial appointments.

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