Veljan Denison Limited

Veljan Denison Limited has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from promoter Gangadhar Srinivas Velamati. He acquired 8,83,979 equity shares through an inter-se transfer by way of gift from promoter Mrs. Sree Chukkamamba Velamati. The acquisition represents 19.64% of the total share capital. His holding increased from 17.15% to 36.79% post-acquisition.

Veljan Denison Limited has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Promoter Mrs. Sree Chukkamamba Velamati has transferred 8,83,988 equity shares, representing 19.64% of the total equity, to Mr. Gangadhar Srinivas Velamati via inter-se transfer as a gift. The transaction occurred on September 30, 2026. Following the transfer, Mrs. Velamati's holding is now 0.0002% of the total equity.

Gangadhar Srinivas Velamati, a member of the promoter group of Veljan Denison Limited, has acquired 8,83,979 equity shares of Rs. 10 each through an inter-se transfer amongst promoters by way of gift. This transaction represents 19.64% of the diluted share capital of the company. The acquisition was made from Chukkamamba Sree Velamati and is exempt from open offer requirements under Regulation 10(1)(a)(i) & (ii) of SEBI (SAST) Regulations, 2011. The disclosure was made within the stipulated timeline.

Gangadhar Srinivas Velamati, a member of the promoter group of Veljan Denison Limited, has acquired 8,83,979 equity shares, representing 19.64% of the total voting capital, through an inter-se transfer by way of gift. Prior to this acquisition, Mr. Velamati held 7,71,564 shares, amounting to 17.15% of the total voting capital. Following the gift, his total shareholding in Veljan Denison Limited stands at 16,55,543 equity shares, representing 36.79% of the total voting capital. The total equity share capital of the company remains unchanged at 45,00,000 equity shares of Rs. 10/- each.

Veljan Denison Limited promoter Chukkamamba Sree Velamati has transferred 8,83,979 equity shares of Rs. 10/- each through an inter-se transfer by way of Gift. This transaction represents a disposal of 19.64% of the total diluted share capital. Following the gift, the promoter now holds only 9 equity shares, representing 0.0002% of the total diluted share capital. The total equity share capital of the company is 45,00,000 equity shares.

Veljan Denison Limited has announced the closure of its trading window for all designated persons and their immediate relatives, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2018. The window will be closed from Thursday, October 1, 2026. It will reopen 48 hours after the announcement of the company's unaudited financial results for the third quarter ending September 30, 2026. The date for the board meeting to consider these results will be intimated separately.

Veljan Denison Limited has received a disclosure regarding a proposed inter-se transfer of 8,83,979 equity shares (19.64% of paid-up capital) via gift among promoters. Mrs. Chukkamamba Sree Velamati (Transferor) plans to gift these shares to Mr. Gangadhar Srinivas Velamati (Transferee), both members of the promoter group. The transaction is scheduled for on or after September 30, 2026, and is exempt from open offer requirements under SEBI (SAST) Regulations, 2011. The transferor will retain 9 shares.

Veljan Denison Limited has received a disclosure regarding an inter-se transfer of shares within the promoter group. Mrs. Chukkamamba Sree Velamati (Transferor) proposes to gift 8,83,979 equity shares, representing 19.64% of the paid-up equity share capital, to Mr. Gangadhar Srinivas Velamati (Transferee). This transfer is planned for on or after September 30, 2026, and is exempt from open offer requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transfer is a gift between relatives (mother and son) with no monetary consideration.

Veljan Denison Limited announced the resignation of Mr. Velamati Gangadhar Srinivas as Non-Executive Chairman and Non-Executive, Non-Independent Director, effective September 7, 2025. The resignation is attributed to "certain professional responsibilities and personal reasons." Mr. Srinivas stated that his involvement in the company's affairs and decision-making remained limited, and he was unable to make a substantive contribution. He believes stepping aside is in the best interest of the company and the Board. The company has provided disclosures as required by SEBI (LODR) Regulations, 2015.

Mr. Velamati Gangadhar Srinivas has resigned as Non-Executive Chairman and Non-Executive, Non-Independent Director of Veljan Denison Limited, effective September 7, 2025. He cited professional responsibilities and personal reasons for his departure, stating his involvement had remained limited and he was unable to make a substantive contribution. The company acknowledges his reasons and respects his decision to step aside for the company's clarity and continuity.