Promoter Sells 29.07 Lakh Shares in East India Drums

Shri Madhav Jayesh Valia, the promoter of East India Drums and Barrels Manufacturing Ltd, is conducting an Offer for Sale (OFS) of up to 29,07,200 equity shares. This represents approximately 19.68% of the company's total paid-up equity share capital. The sale is scheduled for August 25, 2026 (T Day) for non-retail investors and August 26, 2026 (T+1 Day) for retail investors and any un-allotted bids from T Day. The OFS will take place through a designated window on the BSE Limited. Bids received on T day for 22,55,833 shares will be accepted, subject to allocation. Any unsubscribed portion from the non-retail segment on T Day will be carried forward to T+1 Day for bidding in the retail segment.