LIPPI SYSTEMS LTD.-$

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/-.

Guttikonda Rajasekhar and Guttikonda Vara Lakshmi have disclosed an acquisition of equity shares in Lippi Systems Ltd through open market transactions. The acquisition involved 2,99,995 shares for Guttikonda Rajasekhar and 81,221 shares for Guttikonda Vara Lakshmi, collectively representing 5.45% of the total diluted share capital. The total equity share capital of the company is Rs. 7,00,00,000/-. This disclosure is made pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Lippi Systems Ltd has issued a Corrigendum to its Extra Ordinary General Meeting (EGM) notice, scheduled for June 14, 2026. The amendment clarifies the utilization of proceeds from a preferential issue, totaling ₹36.946 Cr. The revised disclosure bifurcates the utilization into Capital Expenditure (₹30.7514 Cr), Working Capital (₹2.50 Cr), and General Corporate Purposes (₹3.6946 Cr), all with a tentative utilization timeline up to December 31, 2027. Key terms of the preferential issue, EGM date, and record date remain unchanged. The Corrigendum aims to provide a more detailed classification of fund utilization.

Lippi Systems Ltd announced the appointment of Ms. Mansi Hardik Shah as an Additional Director (Non-Executive Independent Director) effective June 4, 2026. Ms. Shah, a Chartered Accountant with over two decades of experience in financial advisory and wealth management, will hold office until the ensuing Annual General Meeting. The company also noted the completion of Mr. Govindlal C. Thakkar's term as Independent Director, leading to the reconstitution of various board committees. The board meeting where these decisions were made was held on June 4, 2026.

Lippi Systems Ltd announced the appointment of Ms. Mansi Hardik Shah as an Additional Director (Non-Executive Independent Director) effective June 4, 2026. She will hold office until the upcoming Annual General Meeting. The board also noted the completion of Mr. Govindlal C. Thakkar's term as Independent Director on May 30, 2026, leading to his cessation as Chairman of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders’ Relationship Committee. The company also reconstituted various board committees following Ms. Shah's appointment.

Lippi Systems Ltd announced the appointment of Ms. Mansi Hardik Shah as an Additional Director (Non-Executive Independent Director) effective June 4, 2026. She will hold office until the upcoming Annual General Meeting. The board also noted the completion of Mr. Govindlal C. Thakkar's term as Independent Director, leading to his cessation as Chairman of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders’ Relationship Committee. The company's board has been reconstituted to reflect these changes.

Lippi Systems Ltd announced its audited financial results for the quarter and year ended March 31, 2026. Key highlights include revenue from operations of ₹799.392 Lakh for the year ended March 31, 2026, and a profit/(loss) for the period (PAT) of ₹128.671 Lakh. The board meeting, which commenced at 4:00 P.M. and concluded at 7:30 P.M. on May 30, 2026, approved the financial results and auditor's report.

Lippi Systems Ltd announced its audited standalone financial results for the quarter and year ended March 31, 2026. Key highlights include revenue from operations of ₹799.392 Lakh for the year ended March 2026 and a profit after tax (PAT) of ₹128.671 Lakh. The Board of Directors approved these results in their meeting held on May 30, 2026.

Lippi Systems Ltd. has received a Detailed Public Statement regarding an open offer by Vinesh Shivji Dholu, Jagdish Shivji Dholu, Shivji Karamshi Dholu, Jagruti Vinesh Dholu, and Parul Jagdish Dholu to acquire up to 33,82,231 equity shares, representing 25.05% of the expanded share capital, from public shareholders. The offer complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Vivro Financial Services Private Limited is the manager for this open offer.

Vivro Financial Services, manager to the open offer, has submitted a detailed public statement for the acquisition of up to 33,82,231 equity shares of Lippi Systems Ltd, representing 25.05% of the expanded share capital. The open offer is made by Vinesh Shivji Dholu, Jagdish Shivji Dholu, Shivji Karamshi Dholu, Jagruti Vinesh Dholu, and Parul Jagdish Dholu, in compliance with SEBI (SAST) Regulations. The offer considers 100% of equity shares held by public shareholders.