Madhusudan Securities Ltd

Dematerialisation status

• Dematerialisation requests received in quarter ended 30 September 2026 were confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification, with depository name substituted as owner.
• The depository's name has been substituted in the register of members as the registered owner within prescribed timelines.

AGM details

• AGM held on 30 September 2026 at 11:30 IST via VC/OAVM.
• Concluded at 11:43 IST with 38 attendees via VC/OAVM.

Key resolutions

• 01 Ordinary: Adoption of Audited Financial Statements for year ended 31 March 2026.
• 02 Ordinary: Re-appointment of Salim Pyarali Govani who retires by rotation.
• 03 Special: Appointment of Ms. Isha Ajay Sekhri as Independent Director for five years.

Voting status

• 01 Ordinary: Outcome not disclosed; results to be declared within 2 working days.
• 02 Ordinary: Outcome not disclosed; results to be declared within 2 working days.
• 03 Special: Outcome not disclosed; results to be declared within 2 working days.

Director changes

• Govani re-appointment as director via rotation.
• Sekhri appointed as Independent Director for five years.

CFO Appointment

• Change type: Appointment as Chief Financial Officer.
• Person: Mishal Govani appointed CFO.
• Effective date: 28 September 2026; term not specified.
• Profile: NYU Economics and Politics graduate; 10+ years in investment management and corporate finance.
• Previous roles: at Foresight Holdings Private Limited; Co-Founder/CFO of Fourth Planet Incorporated; Director at Compliance Kart Private Limited.
• Relationship: Mishal Govani is son of MD Salim Pyarali Govani and Director Sausan Bukhari.
• Reason: Appointment to CFO.

Transaction details

• Target: MSL Global Limited.
• Disclosing party: Salim Pyarali Govani and PACs (promoter group).
• Transaction type: Acquisition of equity shares.
• Pre-holding: 41,90,772 shares, 19.57%.
• Acquired: 4,751 shares (0.02%), Open Market, 25 Sep 2026.
• Post-holding: 41,95,523 shares, 19.59%.
• Date of last transaction: 25.09.2026.
• Equity capital before/after: 2,14,19,487 shares.

Acquisition details

• Target company: MSL Global Limited.
• Disclosing party: Salim Pyarali Govani and PAC (promoter group).
• Pre-acquisition holding: 41,90,772 shares (19.57%).
• Post-acquisition holding: 41,95,523 shares (19.59%).
• Acquired 4,751 shares (0.02%) via Open Market.
• Date of transaction: 25-09-2026.
• Mode of acquisition: Open Market.
• Equity capital before/after remains 2,14,19,487.

Transaction overview

• Disclosing party: Salim Pyarali Govani and PAC; promoter group status: Yes.
• Acquisition: 7,612 equity shares (0.04%) bought on open market.
• Pre-transaction holding: 41,83,160 shares, 19.53% voting rights.
• Post-transaction holding: 41,90,772 shares, 19.57% voting rights.
• Date of transaction: 24 September 2026.
• Mode: Open Market; Target: MSL Global Limited.
• Equity share capital before/after: 2,14,19,487 shares.

Transaction details

• Target Company: MSL Global Limited.
• Disclosing Party: Salim Pyarali Govani and PAC (promoter group).
• Transaction Type: Acquisition of 7,612 equity shares.
• Pre-Transaction Holding: 41,83,160 shares (19.53%).
• Transaction Details: 7,612 shares acquired (0.04%), open market, on 24-09-2026.
• Post-Transaction Holding: 41,90,772 shares (19.57%).
• Date of Transaction: 24.09.2026.
• Equity share capital before/after: 2,14,19,487 (unchanged).

MSL Global Limited — Trading Window closed from Oct 01, 2026 until 48 hours after the declaration of Un-audited Financial Results for the Quarter & Half Year ending September 30, 2026

Key transaction facts

• Target: MSL Global Limited; Acquirers: Salim Pyarali Govani and PAC.
• PAC names: Foresight Holdings Private Limited; Indusage Advisors Limited; Sausan Mohammedali Bukhari; Mishal Salim Govani; Sonia Salim Govani.
• Promoter-group status: Yes.
• Pre-transaction holding: 41,65,523 shares (19.45%).
• Acquisition: 17,637 shares (0.08%) via Open Market on 22-09-2026.
• Post-transaction holding: 41,83,160 shares (19.53%).
• Equity share capital before/after: 2,14,19,487; unchanged.

Acquisition summary

• Target Company: MSL Global Limited.
• Disclosing Party: Salim Pyarali Govani and PAC (promoter group).
• Transaction Type: Acquisition of equity shares.
• Pre-Transaction Holding: 41,65,523 shares (19.45%).
• Transaction Details: 17,637 shares acquired (0.08%), open market.
• Post-Transaction Holding: 41,83,160 shares (19.53%).
• Date of Transaction: 22.09.2026.
• Share Capital Context: before/after equity share capital 2,14,19,487 shares.