Mena Mani Industries Ltd

Meeting Details

• Date: August 26, 2026; Time: not disclosed; Location: Registered Office of the Company.

Key Agenda Items

• Increase in authorised share capital, subject to member approval.
• Insertion of Hotel Business into main object, subject to member approval.
• Any other agenda with permission of Chair.

Other Notes

• No trading window details or other material disclosures provided.

Transaction snapshot

• Target Company: Mena Mani Industries Limited.
• Disclosing Party: Ashoka Metcast Limited (not promoter group).
• PACs: Lesha Industries Limited; Shalin Ashok Shah; Ashok Chinubhai Shah; Leena Ashok Shah.
• Transaction Type: Disposal of 2,486,112 shares via open market sale.
• Pre-Transaction Holding: Ashoka Metcast Limited 12,500,000 shares (10.76%).
• Pre-Transaction Total: 12,904,330 shares (about 11.11% VR).
• Post-Transaction Holding: Ashoka Metcast Limited 10,013,888 shares (8.62%).
• Post-Transaction PACs: Lesha 130,900; Shalin 143,730; Ashok Chinubhai Shah 83,910; Leena Ashok Shah 45,790.
• Date(s) of Transaction: 20/06/2025 to 18/08/2026.
• Capital before: Rs 11,62,06,947; Capital after: Rs 11,62,06,947; Diluted capital: Rs 11,62,06,947.

Disposal details

• Target: Mena Mani Industries Limited.
• Disclosing Party: Akhil Retail Private Limited (non-promoter) with PACs.
• PACs: Mrudula Kumarpal Shah; Akhil Harshul Shah; Harshul Kumarpal Shah.
• Transaction: Open market sale of 3,209,424 shares.
• Pre-holdings: Akhil Retail 8,290,222 (7.13%); PACs 40,148 (0.03%).
• Post-holdings: Akhil Retail 5,080,798 (4.38%).
• PACs post-holdings: Mrudula Kumarpal Shah 40,148 (0.03%).
• Akhil Harshul Shah post-holdings: 11,500 (0.01%).
• Harshul Kumarpal Shah post-holdings: 0 (0%).
• Dates: 09/07/2026 to 17/08/2026.
• Capital before: Rs 11,62,06,947 (116,206,947 shares).
• Capital after: Rs 11,62,06,947 (116,206,947 shares).
• Total diluted capital after: Rs 11,62,06,947.

Meeting Details

• Date: August 13, 2026; Location: Registered Office; time not disclosed.

Key Agenda Items

• Unaudited financial results for quarter ended June 30, 2026 to be considered for approval.

Other Notes

• Trading Window: currently closed for Promoters, Directors and Employees; will reopen 48 hours after results declaration.

Dematerialisation processing and listing confirmation

• Dematerialisation requests were processed and confirmed to the depositories during the quarter.
• Securities dematerialised were listed on the exchanges where existing securities are listed.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner.

Disposal details

• Target Company: Mena Mani Industries Limited.
• Disclosing party: Akhil Retail Private Limited; not in promoter group.
• Transaction Type: Disposal of equity shares.
• Pre-transaction holding: 10,798,710 shares (9.29%).
• Post-transaction holding: 8,290,222 shares (7.13%).
• Transaction details: 2,508,488 shares sold via open market.
• Date range: 18/06/2026 to 07/07/2026.
• Share capital context: Rs 11,62,06,947; 116,206,947 equity shares.
• Total diluted capital after: Rs 11,62,06,947.

Mena Mani Industries Ltd: Trading window to close from 1st July, 2026 till 48 hours after the declaration of unaudited financial results for the quarter ended 30th June, 2026.

Target Entity and Business

• JKV Solutions Limited, incorporated June 19, 2002, is an Indian Software & IT service provider.
• Turnover: Rs. 2.85 Crores (FY 2024-25), Rs. 2.95 Crores (FY 2022-23), Rs. 2.99 Crores (FY 2023-24).
• Industry: Software and IT Services.

Acquisition Details

• Acquirer to acquire 100% equity, making JKV Solutions a wholly owned subsidiary.
• Shareholding acquired: 63,69,671 equity shares representing 100% ownership.
• Acquisition completed on March 9, 2026.
• Consideration via share swap: issuance of 1,05,09,957 fully paid equity shares at Rs. 8 each (Rs. 7 premium).
• Acquisition cost approximately Rs. 8.41 Crores.
• Acquisition is not a related party transaction; no promoter/group interest involved.

Regulatory Approvals and Purpose

• No governmental or regulatory approvals required for the acquisition.
• Purpose: Strategic investment to expand into Software & IT Services sector.