LIPPI SYSTEMS LTD.-$

Lippi Systems Ltd announced its Un-Audited Standalone Financial Results for the Quarter ended June 30, 2026. The Board of Directors approved the financial results and the Limited Review Report issued by statutory auditors M/s Ashok Dhariwal & Co. The company is involved in manufacturing Roto Gravure Printing Cylinders and power generation from wind turbines. Significant corporate actions include a Share Purchase Agreement for promoter shares and a preferential issue of warrants, with an open offer process triggered and underway. The change in control was not completed as of the reporting date.

Lippi Systems Ltd announced its Un-Audited Standalone Financial Results for the Quarter ended June 30, 2026. The board meeting, held on August 14, 2026, also approved the Limited Review Report from statutory auditors M/s Ashok Dhariwal & Co. The company is involved in manufacturing Roto Gravure Printing Cylinders and power generation from wind turbines. Significant corporate actions during the quarter included a Share Purchase Agreement for promoter share transfer and a resolution authorizing the issuance of warrants via preferential allotment. These transactions triggered a mandatory open offer process, which was ongoing as of June 30, 2026.

Lippi Systems Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda item is to consider and approve the standalone un-audited financial results for the quarter ended June 30, 2026. The meeting will also address any other business that the Chairman may permit. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Guttikonda Rajasekhar and Guttikonda Vara Lakshmi, acting as Persons Acting in Concert (PAC), have disclosed their acquisition of equity shares in Lippi Systems Ltd. The acquisition, conducted through the open market, involved 85,661 shares for Guttikonda Rajasekhar and 77,474 shares for Guttikonda Vara Lakshmi. Following this transaction, their combined shareholding increased. The total equity share capital of Lippi Systems Ltd remains Rs. 7,00,00,000/-.

Lippi Systems Ltd has announced the receipt and publication of a Pre-Offer Advertisement concerning an Open Offer to the public shareholders of the company. The offer is being made by Vivro Financial Services Private Limited. The advertisement was published on July 17, 2026, in Financial Express (English and Gujarati) and Navshakti (Marathi), in compliance with SEBI SAST Regulations. Key dates for the open offer process, including the Tendering Period, are outlined, with the Offer Opening Date set for July 20, 2026, and the Offer Closing Date on July 31, 2026. The filing also lists various shareholders and their holdings.

Lippi Systems Ltd has announced the submission of the Recommendations of the Committee of Independent Directors (IDC) regarding an open offer. Vivro Financial Services Private Limited, acting as the Manager to the Offer, submitted the report to BSE. The open offer, made by Vinesh Shivji Dholu and other acquirers, aims to acquire up to 33,82,231 equity shares, representing 25.05% of the expanded share capital, at a price of ₹56.84 per share. The total consideration for the offer is ₹19,22,46,010. The IDC has reviewed the offer documents and found the offer price to be fair and reasonable, recommending it to public shareholders. The recommendations were published in Financial Express (English, Gujarati) and other newspapers on July 15, 2026.

Lippi Systems Ltd announced the outcome of its Independent Directors Committee (IDC) meeting held on July 14, 2026. The committee provided its recommendation on the Open Offer made by Vinesh Shivji Dholu and four other acquirers to public shareholders. The offer is to acquire up to 33,82,231 equity shares, representing 25.05% of the expanded share capital, at ₹56.84 per share, totaling ₹19,22,46,010. The IDC found the offer price to be fair and reasonable, determined in accordance with SEBI SAST Regulations. The report will be published in Financial Express, Jansatta, and Navshakti on July 15, 2026. Shareholders are advised to independently evaluate the offer.

Lippi Systems Ltd has received a copy of the Letter of Offer for an open offer made by Vinesh Shivji Dholu, Jagdish Shivji Dholu, Shivji Karamrashi Dholu, Jagruti Vinesh Dholu, and Parul Jagdish Dholu. The acquirers intend to purchase up to 33,82,231 equity shares, representing the entire public shareholding of 25.05% in Lippi Systems. The offer price is ₹56.84 per equity share, payable in cash. This open offer is being made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and is not conditional on any minimum acceptance level.

Vivro Financial Services Private Limited, acting as the Manager to the Offer, has submitted a Letter of Offer to BSE for the public shareholders of Lippi Systems Limited. This pertains to an open offer by Vinesh Shivji Dholu and four other acquirers to acquire up to 33,82,231 equity shares, representing the entire public shareholding of 25.05% in Lippi Systems. The offer price is set at ₹56.84 per equity share, payable in cash. The acquisition is in compliance with SEBI (SAST) Regulations and is not conditional on a minimum acceptance level. The offer aims to acquire the entire public shareholding.

Guttikonda Rajasekhar and Persons Acting in Concert (PAC), including Guttikonda Vara Lakshmi, have acquired 64,385 equity shares of Lippi Systems Ltd. This acquisition brings their total holding to 3,64,380 shares, representing 5.21% of the total diluted share capital. The acquisition was made through open market transactions. The total equity share capital of Lippi Systems Ltd remains Rs. 7,00,00,000/-.