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Ishaan Infrastructures and Shelters Limited announced a preferential allotment of 5,51,78,892 equity shares to a group of individuals and entities, including Misun Pure Lights Private Limited, Ravi Prakash Bothra, Vaaibhav Bothra, and Ashish Arora. The allotment represents approximately 89.50% of the post-issue paid-up share capital, potentially leading to the Acquirers being classified as Promoters of the company following an open offer process mandated by SEBI regulations. Selected allottees such as Kaushal Surana, Anjali Jain, and Kusum Bothra received allotments ranging from 75,000 to 6,66,000 shares, representing 0.12% to 1.08% of the post-issue capital respectively; a complete list is available in the official document. The allotment was revised for Kaushal Surana due to the transmission of shares and requires compliance with SEBI Listing Regulations, specifically Regulation 31A.

Ishaan Infrastructures and Shelters Limited informed the Bombay Stock Exchange that the trading window for its securities will be closed for designated persons, connected persons, and their immediate relatives from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026.

Ishaan Infrastructures and Shelters Limited will close its Register of Members and Share Transfer books from September 22, 2026, to September 28, 2026, for its 31st Annual General Meeting, to be held on September 28, 2026, at 3:30 P.M. via video conferencing, while also offering e-voting facility to shareholders from September 25, 2026, at 9:00 A.M. to September 27, 2026, at 5:00 P.M., with a cut-off date of September 21, 2026, for voting eligibility.

Ishaan Infrastructures and Shelters Limited announced that its board approved an alteration in the company’s main objects, replacing existing clauses related to infrastructure projects and real estate activities with a focus on electronic and electrical components, devices, equipment, and systems. The board also approved a power to borrow funds not exceeding Rs 70 crore and increased limits for investments, loans, and guarantees up to Rs 70 crore, all subject to shareholder approval.

A group of acquirers, including Misun Pure Lights Private Limited, Ravi Prakash Bothra, and Vaaibhav Bothrra, is making an open offer to purchase shares of Ishaaan Infrastructures and Shelters Limited, triggering a change in company promoters. The offer, being managed by Novus Capital Advisors Private Limited, follows a preferential allotment of shares to the acquirers, who will collectively hold a 50.54% stake post-acquisition, with PACs holding an additional 9.50%. Ishaaan Infrastructures and Shelters Limited, listed on the BSE Limited with a current share base of 64,74,600, is headquartered in Ahmedabad, Gujarat. The Detailed Public Statement (DPS) outlining the offer price and other specifics will be published on or before September 4, 2026, and the acquisition is subject to regulatory approvals but will not result in delisting.