ALPHA TRIBE

Shri Gang Industries & Allied Products LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Date: June 09, 2026

To

The Manager

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai 400001

Scrip Code: 523309

Subject: Disclosure pursuant to the Regulation 29(1) of Securities and Exchange Board of

Dear Sir/Madam,

Pursuant to the provision of Regulation 29(1) of the Securities and Exchange Board of India

(Substantial Acquisition of Shares and Takeovers) Regulations, 2011, I, Ashish Singh Chauhan

(Director) on behalf of M/s. Sarvashaktiman Traders Private Limited (hereinafter referred to

as ) would like to inform your good office that the Acquirer along with persons acting

in concert (hereinafter referred to as has acquired 11,24,375 (Eleven Lakh Twenty-Four

Thousand Three Hundred and Seventy-Five) Equity Shares Equity) of Shri Gang Industries and

Allied Products Limited Target Company, pursuant to the conversion of 0.01% Compulsorily

Convertible Preference Shares aggregating to Rs. 8,54,52,500/- (Rupees Eight Crore Fifty-Four

Lakh Fifty-Two Thousand Five Hundred Only), at an issue price of Rs. 76 per equity share, on

June 06, 2026, by way of the preferential issue by the Target company, representing 6.64% of the

post allotment fully diluted paid-up share capital of the Target Company.

In this regard, please find enclosed the disclosure under Regulation 29(1) of SEBI (Substantial

Acquisition of Shares and Takeovers) Regulations, 2011.

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You are requested to take the same on record.

Thanking You,

Yours Sincerely,

For and on behalf

Sarvashaktiman Traders Private Limited

Ashish Singh Chauhan

(Director)

CC:

The Board of Directors

Shri Gang Industries and Allied Products Limited

Plot No. B-2/6 & 2/7, UPSIDC Industrial Area Sandila Phase IV,

Hardoi, Sandila, Uttar Pradesh 241204, India

Place: Kanpur

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Disclosure Under Regulation 29(1) Of Sebi (Substantial Acquisition Of Shares And

Takeovers) Regulations, 2011

Name of the Target Company (TC) Shri Gang Industries and Allied Products

Limited

Names of the Acquirer and Person

Acting in Concert (PAC) with the

Acquirer

Acquirer:

Sarvashaktiman Traders Private Limited

Whether the acquirers belong to the

Promoter/ Promoter Group

No

Name(s) of the Stock Exchange(s) where

the shares of TC are Listed

Details of the acquisition are as follows Number of Shares

% w.r.t. total

share/voting

capital

wherever

applicable

% w.r.t.

total diluted

share/

voting

capital of

the TC

Before the acquisition under consideration, holding of:

a) Shares carrying voting rights

Sarvashaktiman Traders Private Limited 3,50,000 1.75 1.58

b) Shares in the nature of encumbrance - - -

c) Voting rights (VR) otherwise than by

shares - - -

d) warrants /convertible securities/any other

instrument that entitles the acquirer to

receive shares carrying voting rights in the

target Company acquired/sold

- - -

Sarvashaktiman Traders Private Limited 11,24,375 - 5.06

Total (a+b+c+d) 14,74,375 1.75 6.64

Details of acquisition:

a) Shares/ carrying voting rights

acquired/sold

Sarvashaktiman Traders Private Limited 11,24,375 5.29 5.06

b) Shares in the nature of encumbrance - - -

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c) Voting rights (VR) otherwise than by

shares

- - -

d) Warrants /convertible securities/any

other instrument that entitles the acquirer to

receive shares carrying voting rights in the

TC acquired/sold:

- - -

Total (a+b+c+d) 11,24,375 5.29 5.06

After the acquisition/sale, holding of:

a) Shares carrying voting rights

Sarvashaktiman Traders Private Limited 14,74,375 6.94 6.64

b) Shares in the nature of encumbrance - - -

c) Voting rights (VR) otherwise than by

shares

- - -

d) Warrants /convertible securities/any

other instrument that entitles the acquirer to

receive shares carrying voting rights in the

TC acquired/sold

- - -

Total (a+b+c+d) 14,74,375 6.94 6.64

Mode of acquisition/sale

pursuant to the conversion of Compulsorily

Convertible Preference Shares.

Salient features of the securities acquired

including time till redemption, ratio at

which it can be converted into equity

shares, etc.

-

Date of receipt of intimation of allotment

of shares

June 06, 2026

Equity share capital / total voting capital

of the TC before the said acquisition

Rs. 19,98,00,000 /- divided into 1,99,80,000

Equity Shares of Rs. 10/- each.

Equity share capital/ total voting capital

of the TC after the said acquisition

Rs. 21,23,90,550 /- divided into 2,12,39,055

Equity Shares of Rs. 10/- each.

Total diluted share/voting capital of the

TC after the said acquisition

Rs. 22,21,75,060/- divided into 2,22,17,506

Equity Shares of Rs. 10/- each

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For and on behalf of

Sarvashaktiman Traders Private Limited

Ashish Singh Chauhan

(Director)

Place: Kanpur

Date: June 09, 2026

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