Rudra Gas Enterprise Ltd — Important, 06-06-2026: Company Update

Date- 06.06.2026

Scrip Code: 544121

Dear Sir/Ma’am,

Sub: Disclosure under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and

Takeovers) Regulations, 2011 – Creation of Encumbrance.

Pursuant to Regulation 31(1) and Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and

Takeovers) Regulations, 2011, we hereby submit the enclosed disclosure in the prescribed format

under Annexure A and Annexure B, in relation to the creation of an encumbrance on the equity shares

of Rudra Gas Enterprise Limited ("Target Company" / “TC”), held by Kush Sureshbhai Patel &

Kashyap Sureshbhai Patel (Promoters of the Target Company), in the favour of Truepay Finance

Private Limited (Formerly Known as Jain Finscap Private Limited).

Kindly take the same on your record.

Thanking you,

Yours Faithfully,

For and on behalf of Kush Sureshbhai Patel & Kashyap Sureshbhai Patel

Kush Sureshbhai Patel

Promoter

Place- Ahmedabad

Date- 06.06.2026

To,

The Manager – Listing

BSE Limited

Phiroze Jeejeebhoy Towers

Dalal Street, Mumbai – 400001.

To,

Rudra Gas Enterprise Limited

B-702, The Capital Building, Science City

Road, Opp. Hetarth Party, Plot, Sola,

Ahmedabad, Gujarat – 380060.

----------------Page (0) Break----------------

Annexure A

Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares /

invocation of encumbrance/ release of encumbrance, in terms of Regulation 31(1) and 31(2) of Securities and Exchange

Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC) RUDRA GAS ENTERPRISE LIMITED

Names of the stock exchanges where the shares of the target company are listed BSE SME Limited

Date of reporting 06th June, 2026

Name of the promoter or PAC on whose share’s encumbrance has been

created/released/invoked

Kush Sureshbhai Patel & Kashyap Sureshbhai Patel

Details of the creation of encumbrance:

Name of the

promoter(s) or

PACs with him

Promoter holding in

the target company

(1)

Promoter holding

already

encumbered (2)

Details of events pertaining to encumbrance (3) Post event holding of

encumbered shares

{creation [(2)+(3)] /

release [(2)-(3)] /

invocation [(1)-(3)]}

Number of shares % of total

share

capital

Number of shares % of

total

share

capital

Type of

event

(creation /

release /

invocation)

Date of

creation /

invocation

release of

encumbranc

e

Type of

encumbrance

(pledge/ lien/

non disposal

undertaking

/others)

Reasons for

encumbrance

Number of shares % of

share

capital

Name of the

entity in

whose favor

shares

encumbered

Number of shares % of

total

share

capital

Kush Sureshbhai

Patel

20,15,700 24.17 % 10,16,949 12.20% Creation 05.06.2026 Pledge Availing of

finance to secure

the Loan in

favour of the

Lender by way

of Pledge of

8,80,000 (Eight

Lakhs Eighty

Thousand) out of

which 4,40,000

shares held by

Mr. Kush Patel

and 4,40,000

shares held by

Mr. Kashyap

Patel

440000 4.60%

Truepay

Finance

Private

Limited

(Formerly

Known as

Jain

Finscap

Private

Limited)

14,56,949 17.47%

Kashyap Sureshbhai

Patel

20,16,700 24.19 % 10,16,949 12.20% Creation 05.06.2026 Pledge 440000 4.60% 14,56,949 17.47%

For and on behalf of Kush Sureshbhai Patel & Kashyap Sureshbhai Patel

Kush Sureshbhai Patel

Promoter

Place- Ahmedabad

Date- 06.06.2026

----------------Page (1) Break----------------

Annexure B

Name of listed company Rudra Gas Enterprise Limited

Name of the recognised stock exchanges where the shares of

the company are listed

BSE SME Limited

Name of the promoter(s) / PACs whose shares have been

encumbered

Kush Sureshbhai Patel & Kashyap Sureshbhai Patel

Total promoter shareholding in the listed company No. of shares held by promoters (i.e., - Kush Sureshbhai Patel,

Kashyap Sureshbhai Patel, Manjulaben Sureshbhai Patel, Avani

Kush Patel, Priyanka Kashyap Patel) in the listed company held

61,02,800 of face value of Rs. 10/- each.

% of total share capital held by the aforesaid promoters in the

listed company 73.41%

Encumbered shares as a % of promoter shareholding 47.75% - 29,13,898 being 20,33,898 and 8,80,000 shares

encumbered (being 1016949 and 4,40,000 shares encumbered

by Kush Sureshbhai Patel and 1016949 and 4,40,000 shares

encumbered by Kashyap Sureshbhai Patel) out of 61,02,800

being the total promoter shares)

Whether encumbered share is 50% or more of promoter

shareholding

No

Whether encumbered share is 20% or more of total share

capital

Yes 34.95% - 29,13,898 being 20,33,898 and 8,80,000 shares

encumbered (being 1016949 and 4,40,000 shares encumbered

by Kush Sureshbhai Patel and 1016949 and 4,40,000 shares

encumbered by Kashyap Sureshbhai Patel) out of 8338000 Total

Equity Shares.

----------------Page (2) Break----------------

Details of all the existing events / agreements pertaining to encumbrance

Encumbrance 1 (Date of creation of encumbrance: 05.06.2026)

Type of encumbrance (pledge, lien, negative lien,

non-disposal undertaking etc. or any other covenant,

transaction, condition or arrangement in the nature

of encumbrance)

Pledge

No. and % of shares encumbered* No. of shares: 4,40,000 held by Kush Sureshbhai Patel % of total share capital: 5.28%

No. of shares: 4,40,000 held by Kashyap Sureshbhai Patel

% of total share capital: 5.28%

Total 10.56% - 8,80,000 Shares encumbered

Specific

details

about the

encumber

ance

Name of the entity in whose favour

shares encumbered (X)

Truepay Finance Private Limited (Formerly Known as Jain Finscap Private

Limited)

Whether the entity X is a scheduled

commercial bank, public financial

institution, NBFC or housing finance

company? If No, provide the nature of

the business of the entity

NBFC

Names of all other entities in the

agreement

Truepay Finance Private Limited (Formerly Known as Jain Finscap Private

Limited) (Pledgee)

Kush Sureshbhai Patel (Pledgor-1)

Kashyap Sureshbhai Patel (Pledgor-2)

Whether the encumbrance is relating to

any debt instruments viz. debenture,

commercial paper, certificate of

deposit etc.? If yes, provide details

about the instrument, including credit

rating

No

Security

Cover / Asset

Cover

Value of shares on the date of event /

agreement (A) INR 6,77,68,800/-

Amount involved (against

which shares have been encumbered)

(B)

INR 3,00,00,000/-

Ratio of A / B 2.23:1

End use of

money

Borrowed amount to be utilized for

what purpose

(a) Personal use by promoters

and PACs

(b) For the benefit of listed company

Provide details including amount,

purpose of raising money by listed

company, schedule for utilization of

amount, repayment schedule etc.

(a) Any other reason (please

specify)

(a) No

(b) The amount borrowed by Rudra Gas Enterprise Limited is utilized for the

benefit of listed Company for acquisition of Shares of another Company in

similar vertical.

----------------Page (3) Break----------------

Encumbrance 2 (Date of creation of encumbrance: 19.03.2026)

Type of encumbrance (pledge, lien, negative lien,

non-disposal undertaking etc. or any other covenant,

transaction, condition or arrangement in the nature

of encumbrance)

Pledge

No. and % of shares encumbered* No. of shares: 10,16,949 held by Kush Sureshbhai Patel % of total share capital: 12.20%

No. of shares: 10,16,949 held by Kashyap Sureshbhai Patel

% of total share capital: 12.20%_________

Total 24.40% - 20,33,898 Shares encumbered

Specific

details

about the

encumber

ance

Name of the entity in whose favour

shares encumbered (X)

Shree Kamdhenu Financial Services Private Limited

Whether the entity X is a scheduled

commercial bank, public financial

institution, NBFC or housing finance

company? If No, provide the nature of

the business of the entity

NBFC

Names of all other entities in the

agreement Shree Kamdhenu Financial Services Private Limited (Pledgee) Kush Sureshbhai Patel (Pledgor-1)

Kashyap Sureshbhai Patel (Pledgor-2)

Whether the encumbrance is relating to

any debt instruments viz. debenture,

commercial paper, certificate of

deposit etc.? If yes, provide details

about the instrument, including credit

rating

No

Security

Cover / Asset

Cover

Value of shares on the date of event /

agreement (A) INR 13,01,69,472/-

Amount involved (against

which shares have been encumbered)

(B)

INR 7,00,00,000/-

Ratio of A / B 1.85:1

For and on behalf of Kush Sureshbhai Patel & Kashyap Sureshbhai Patel

Kush Sureshbhai Patel

Promoter

Place- Ahmedabad

Date- 06.06.2026

----------------Page (4) Break----------------