HEM Holdings Submits BSE Application for Promoter Group Reclassification

HEM Holdings and Trading Limited has formally submitted an application to BSE Limited on May 1, 2026, for the reclassification of M/s. Sim Prabha Estates & Trading Co.(P) Ltd from the promoter/promoter group category to the public category under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcome and Formal Approval

The Board of Directors of HEM Holdings convened on April 29, 2026, via video conferencing from 11:00 A.M. to 11:30 A.M. to deliberate on the reclassification request. The board formally approved the application submitted by Sim Prabha Estates & Trading Co.(P) Ltd (CIN: U70101MH1984PTC034405) for reclassification from promoter group to public category, subject to approval from regulatory authorities including the stock exchange.

Meeting Details: Information Date: April 29, 2026 Duration: 11:00 A.M. to 11:30 A.M. Mode: Video Conferencing Decision: Approved subject to regulatory approval Regulation: SEBI Regulation 31A Request Date: April 24, 2026 BSE Submission: May 1, 2026

Current Shareholding Status

As confirmed in the BSE application, Sim Prabha Estates & Trading Co.(P) Ltd does not hold any equity shares in HEM Holdings as of the submission date. The current promoter shareholding structure shows zero holdings across all promoter entities.

Promoter Entity: Current Shareholding Sangeeta Ketan Shah: 0 shares (0%) Ketan Moolchand Shah: 0 shares (0%) Prabha Plantations (P) Ltd: 0 shares (0%) Sim Prabha Estates & Trading Co.(P) Ltd: 0 shares (0%) Total Promoter Holding: 0 shares (0%)

Regulatory Compliance and Documentation

The board resolution confirms that Sim Prabha Estates & Trading Co.(P) Ltd meets all conditions under Regulation 31A(3)(b) of SEBI LODR Regulations. Company Secretary cum Compliance Officer Taruna Gupta has formally communicated the application submission to BSE Limited in compliance with Regulation 31A(8) of the Listing Regulations.

Key Compliance Confirmations

The entity satisfies the following regulatory conditions:

Does not hold more than 10% of total voting rights in the company

Does not exercise control over company affairs directly or indirectly

Has no special rights through formal or informal arrangements

Not represented on the Board of Directors

Not acting as Key Managerial Personnel

Not classified as wilful defaulter per RBI guidelines

Not designated as fugitive economic offender

Application Process and Timeline

Process Stage: Date Initial Request: April 24, 2026 Board Approval: April 29, 2026 BSE Application Submission: May 1, 2026 Compliance Officer: Taruna Gupta (Mem. No.: A38630) Digital Signature Date: May 1, 2026, 16:52:51 +05'30'

Three-Year Commitment Period

As part of the reclassification conditions, Sim Prabha Estates & Trading Co.(P) Ltd has committed that neither it nor related persons will be represented on HEM Holdings' Board of Directors or act as Key Managerial Personnel for three years from the date of shareholder approval.

Next Steps in Regulatory Process

Following the formal submission to BSE Limited, the company awaits the stock exchange's no objection for the proposed reclassification. The application has been submitted within the stipulated timeline as per Regulation 31A(5) of the Listing Regulations, with all required documentation including certified true copies of board meeting minutes.

Pushpsons industries Ltd. has announced a board meeting scheduled for May 29, 2026, to consider and approve its audited financial results for the quarter and year ended March 31, 2026. The company issued this intimation to the Bombay Stock Exchange in compliance with regulatory requirements.

Board Meeting Details

The meeting will be held at the company's registered office located at B-40, Okhla Industrial Area, Phase-I, New Delhi-110020. The board meeting has been scheduled in accordance with Regulation 29 read with Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Parameter: Details Meeting Date: May 29, 2026 Meeting Day: Friday Venue: Registered Office, New Delhi Primary Purpose: Approve Audited Financial Results Period Covered: Quarter and Year ended March 31, 2026

Meeting Agenda

The board will consider the following key matters during the scheduled meeting:

Financial Results Approval: The primary agenda item involves considering and approving the audited standalone financial results for the quarter and year ended March 31, 2026

Additional Business: The board may also consider any other business matters with the permission of the Chair

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing the stock exchange about the upcoming board meeting. Company Secretary Geeta Rawat, holding membership number F13386, has signed the official communication dated April 29, 2026. This intimation ensures compliance with SEBI's listing regulations, which require companies to inform exchanges about board meetings where financial results will be considered.

Company Information

Pushpsons Industries Ltd., incorporated with CIN L74899DL1994PLC059950, operates from its registered office in New Delhi's Okhla Industrial Area. The company maintains regular communication channels through multiple contact points including telephone and email facilities for stakeholder engagement.

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