Sihora Industries Confirms No Exit Offer Required

Sihora Industries Ltd has confirmed that an exit offer is not required for dissenting shareholders. This decision is based on two key factors: the company had already utilized 91.83% of its issue proceeds before shareholder approval for alteration in the objects of the issue, and the alteration proposal was not opposed by at least ten percent of the shareholders who voted via postal ballot. Consequently, promoters and controlling shareholders are not obligated to make an exit offer to those who voted against the resolution. The filing also lists one dissenting shareholder, KAVIBEN DEVARKHIBHAI KANARA, holding 6000 shares as of July 10, 2026.