Shri Gang Industries & Allied Products Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
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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All announcements from Shri Gang Industries & Allied Products Ltd
