Hawa Engineers: Asad Kagdi acquires 1.98% shares via gift

Asad F Kagdi, a promoter of Hawa Engineers Ltd, has acquired 69,900 equity shares, representing 1.98% of the company's share capital. The acquisition was an inter-se transfer from Jamilabibi Fazlurrehman Kagdi, a member of the promoter group, and was executed as a gift without consideration. This transaction falls under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which provides an exemption from making an open offer. The disclosure regarding this acquisition was filed with BSE on September 29, 2026.