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Elecon Engineering Co.Ltd. — Major Shareholding Notification 2026
May 27, 2026
63235_rns_2026-05-27_a461f7a9-a967-48cc-8125-114094d23891.pdf
Major Shareholding Notification
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7th April, 2026
To
National Stock Exchange of India Limited
Capital Market (Listing)
Exchange Plaza, 5th floor,
Plot No. C/1, G Block,
Bandra-Kurla Complex, Bandra (E)
Mumbai - 400051
Sub.: Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Target Company-Elecon Engineering Company Limited
Dear Sir,
We are enclosing herewith the disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for the target company namely Elecon Engineering Company Limited
| Sr. No. | Name of Promoter/Promoter Group | No. of shares held of Rs. 1/- each | % with total shares of target Company |
|---|---|---|---|
| 1 | K. B. Investments Private Limited | 1,94,47,548 | 8.67 |
| 2 | Aakaaish Investments Private Limited | 10,46,04,474 | 46.62 |
| 3 | Power Build Private Limited | 31,920 | 0.01 |
| 4 | Prayasvin Bhanubhai Patel | 39,25,864 | 1.75 |
| 5 | Trupti P. Patel | 28,62,116 | 1.28 |
| 6 | Akanksha P. Patel | 12,36,940 | 0.55 |
| 7 | Bhanubhai I. Patel (HUF) | 4,54,980 | 0.20 |
| 8 | Taruna Patel | 4,37,834 | 0.20 |
| 9 | Aishwarya P. Patel | 10,440 | 0.005 |
| 10 | Emtici Engineering Limited | 0 | 0.00 |
| 11 | Prayas Engineering Limited | 0 | 0.00 |
| 12 | Elecon Information Technology Limited | 0 | 0.00 |
| 13 | Akaaish Mechatronics Limited | 0 | 0.00 |
| 14 | Akaaish Printing Press Private Limited (Formerly known as Speciality Woodpack Private Limited) | 0 | 0.00 |
| 15 | Lotus Trust | 0 | 0.00 |
Please acknowledge the receipt of the same.
Thanking you,
Yours faithfully,
Ravinku
mar Shah
Ravinkumar Shah
Authorised Signatory
Encl.: As above
CC:
The Audit Committee
ELECON ENGINEERING COMPANY LIMITED
Anand-Sojitra Road,
Vallabh Vidyanagar-388120.
7th April, 2026
To
BSE Limited
Phiroze Jeejeebhoy Towers,
25th Floor,
Dalal Street,
Bombay - 400 001
Sub.: Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Target Company-Elecon Engineering Company Limited
Dear Sir,
We are enclosing herewith the disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for the target company namely Elecon Engineering Company Limited
| Sr. No. | Name of Promoter/Promoter Group | No. of shares held of Rs. 1/- each | % with total shares of target Company |
|---|---|---|---|
| 1 | K. B. Investments Private Limited | 1,94,47,548 | 8.67 |
| 2 | Aakaaish Investments Private Limited | 10,46,04,474 | 46.62 |
| 3 | Power Build Private Limited | 31,920 | 0.01 |
| 4 | Prayasvin Bhanubhai Patel | 39,25,864 | 1.75 |
| 5 | Trupti P. Patel | 28,62,116 | 1.28 |
| 6 | Akanksha P. Patel | 12,36,940 | 0.55 |
| 7 | Bhanubhai I. Patel (HUF) | 4,54,980 | 0.20 |
| 8 | Taruna Patel | 4,37,834 | 0.20 |
| 9 | Aishwarya P. Patel | 10,440 | 0.005 |
| 10 | Emtici Engineering Limited | 0 | 0.00 |
| 11 | Prayas Engineering Limited | 0 | 0.00 |
| 12 | Elecon Information Technology Limited | 0 | 0.00 |
| 13 | Akaaish Mechatronics Limited | 0 | 0.00 |
| 14 | Akaaish Printing Press Private Limited (Formerly known as Speciality Woodpack Private Limited) | 0 | 0.00 |
| 15 | Lotus Trust | 0 | 0.00 |
Please acknowledge the receipt of the same.
Thanking you,
Yours faithfully,
Ravinkum
ar Shah
Ravinkumar Shah
Authorised Signatory
Encl.: As above
CC:
The Audit Committee
ELECON ENGINEERING COMPANY LIMITED
Anand-Sojitra Road,
Vallabh Vidyanagar-388120.
7th April, 2026
To
The Company Secretary
Elecon Engineering Company Limited,
Vallabh Vidyanagar
Sub.: Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Target Company-Elecon Engineering Company Limited
Dear Sir,
We are enclosing herewith the disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for the target company namely Elecon Engineering Company Limited
| Sr. No. | Name of Promoter/Promoter Group | No. of shares held of Rs. 1/- each | % with total shares of target Company |
|---|---|---|---|
| 1 | K. B. Investments Private Limited | 1,94,47,548 | 8.67 |
| 2 | Aakaaish Investments Private Limited | 10,46,04,474 | 46.62 |
| 3 | Power Build Private Limited | 31,920 | 0.01 |
| 4 | Prayasvin Bhanubhai Patel | 39,25,864 | 1.75 |
| 5 | Trupti P. Patel | 28,62,116 | 1.28 |
| 6 | Akanksha P. Patel | 12,36,940 | 0.55 |
| 7 | Bhanubhai I. Patel (HUF) | 4,54,980 | 0.20 |
| 8 | Taruna Patel | 4,37,834 | 0.20 |
| 9 | Aishwarya P. Patel | 10,440 | 0.005 |
| 10 | Emtici Engineering Limited | 0 | 0.00 |
| 11 | Prayas Engineering Limited | 0 | 0.00 |
| 12 | Elecon Information Technology Limited | 0 | 0.00 |
| 13 | Akaaish Mechatronics Limited | 0 | 0.00 |
| 14 | Akaaish Printing Press Private Limited (Formerly known as Speciality Woodpack Private Limited) | 0 | 0.00 |
| 15 | Lotus Trust | 0 | 0.00 |
Please acknowledge the receipt of the same.
Thanking you,
Yours faithfully,
Ravinku
mar Shah
Ravinkumar Shah
Authorised Signatory
Encl.: As above
K. B. INVESTMENTS PRIVATE LIMITED
Regd. Office: Plot No. 8/6 & 8/6A, Industrial Area, New Industrial Township, Jawahar Colony, Faridabad, Haryana, India, 121005.
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
K. B. INVESTMENTS PRIVATE LIMITED (“the Company”) (being promoter together with persons Acting in Concert), is having and holding 1,94,47,548 Equity Shares (8.67%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For K. B. INVESTMENTS PRIVATE LIMITED
Ravinkumar Shah
Authorised Signatory
Place: V V Nagar
Date 7th April, 2026

Corporate Office: Anand-Sojitra Road, Vallabh Vidyanagar - 388120, Gujarat.
Phone: C/o. +91 2692 227959 | Email ID : [email protected]
CIN : U67120HR1978PTC137739
AAKAAISH INVESTMENTS PRIVATE LIMITED
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
AAKAAISH INVESTMENTS PRIVATE LIMITED (“the Company”) (being promoter together with persons Acting in Concert), is having and holding 10,46,04,474 Equity Shares (46.62%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For AAKAAISH INVESTMENTS PRIVATE LIMITED
Ravinkumar Shah
Authorised Signatory
Place: V V Nagar
Date: 7th April, 2026

Regd. Office : Plot No. 8/6 & 8/6A, Industrial Area, New Industrial Township, Jawahar Colony, Faridabad, Haryana, India, 121005.
Corporate office : Anand - Sojitra Road, Vallabh Vidyanagar, Anand - 388120, Gujarat.
Phone No.: (02692) 227959 | Email ID : [email protected] | CIN : U65921HR2013PTC137703
POWER BUILD PRIVATE LIMITED
Registered Office: Plot No. - 8/6 & 8/6A, Industrial Area, NIT - Faridabad, Faridabad Sector 22, Faridabad - 121005, Haryana, India.
Corporate Office: Anand - Sojitra Road, Vallabh Vidyanagar - 388120, Anand, Gujarat, India.
CIN : U32201HR1972PTC137702 | Tel.: +91 (2692) 237609, 231070, 231120, 231170.
E-mail : [email protected] | Website : www.powerbuild.in
ANDRON POWERBUILD
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
POWER BUILD PRIVATE LIMITED (“the Company”) (being promoter together with persons Acting in Concert), is having and holding 31,920 Equity Shares (0.01%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For Power Build Private Limited,


Place: Vallabh Vidyanagar
Date: 4th April, 2026
PRAYASVIN BHANUBHAI PATEL
HONEST HOUSE, BAKROL ROAD
VALLABH VIDYANAGAR-388120
GUJARAT
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
PRAYASVIN BHANUBHAI PATEL (being promoter together with persons Acting in Concert), is having and holding 39,25,864 Equity Shares (1.75%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
PRAYASVIN BHANUBHAI PATEL
Prayasv in Patel
Prayasv, vignesh for Prayasvins Patel
241 c-rife, in Prayasvish, Vihar-21801
www.prayasv.in/202240221800000962845/N
UPRastUP
2.3.4.20110342207c2ea071a239183ed022330
bcfcc-7613750206-91ba36a36d46c3f7d0ffa1
© Journal Letter 2007/20, in «Gujarat»
www.Prayasv.in/202240221800000962845/N
2182006463609060090376814106615a51
See ISBN, on «Prayasvins Patel»
Date: 2026.04.07 11:53:12 +03'30'
Signature
Place: V V Nagar
Date: 7th April, 2026
TRUPTI PRADIP PATEL
318, SAMUDRA MAHAL,
DR. ANNIE BESANT ROAD, WORLI, MUMBAI, 400 018,
MAHARASHTRA.
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
TRUPTI PRADIP PATEL (being promoter together with persons Acting in Concert), is having nd holding 28,62,116 Equity Shares (1.28%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
TRUPTI PRADIP PATEL
Signature
Place: Mumbai
Date: 7th April, 2026
AKANKSHA PRAYASVIN PATEL
HONEST HOUSE, BAKROL ROAD
VALLABH VIDYANAGAR-388120
GUJARAT
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
AKANKSHA PRAYASVIN PATEL (being promoter together with persons Acting in Concert), is having and holding 12,36,940 Equity Shares (0.55%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
AKANKSHA PRAYASVIN PATEL

Signature
Place: V V Nagar
Date: 7th April, 2026
BHANUBHAI I. PATEL (HUF)
KARTA-PRAYASVIN B. PATEL
HONEST HOUSE, BAKROL ROAD
VALLABH VIDYANAGAR-388120, GUJARAT
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
BHANUBHAI I. PATEL (HUF) (being promoter together with persons Acting in Concert), is having and holding 4,54,980 Equity Shares (0.20%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For PRAYASVIN B. PATEL
Prayasv
in Patel
Karta
Place: V V Nagar
Date: 7th April, 2026
TARUNA PATEL
HONEST HOUSE, BAKROL ROAD
VALLABH VIDYANAGAR-388120
GUJARAT
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
TARUNA PATEL (being promoter together with persons Acting in Concert), is having and holding 4,37,834 Equity Shares (0.20%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
TARUNA PATEL
Taruna
Prayasvin
Patel
| Payroll, Board & Taxes (Taxes & Tax) |
|---|
| BA, VD, & General (BA, VD) |
| Insurance (Intangible & Chartered) |
| EMEA (EMEA) |
| EMEA (EMEA) |
| EMEA (EMEA) |
| EMEA (EMEA) |
| EMEA (EMEA) |
| EMEA (EMEA) |
Signature
Place: V V Nagar
Date: 7th April, 2026
AISHWARYA P. PATEL
HONEST HOUSE, BAKROL ROAD
VALLABH VIDYANAGAR-388120
GUJARAT
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
AISHWARYA PRAYASVIN PATEL (being promoter together with persons Acting in Concert), is having and holding 10,440 Equity Shares (0.005%) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
AISHWAYA PRAYASVIN PATEL
AISHWARYA
PRAYASVIN
PATEL
Signature
Place: V V Nagar
Date: 7th April, 2026
EMTICI ENGINEERING LIMITED
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
EMTICI ENGINEERING LIMITED (“the Company”) (being promoter together with persons Acting in Concert), is having and holding NIL Equity Shares (0.00) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For EMTICI ENGINEERING LIMITED
Ravinku mar Shah
Signature: D. M. Ravinkumar Shah
Ravinkumar Shah
Authorised Signatory
Place: V V Nagar
Date: 7th April, 2026

Regd Office : Anand - Sojitra Road, Vallabh Vidyanagar - 388 120, Gujarat, INDIA.
Phone : +91 2692 - 230168 / 231125 | E-mail : [email protected] | Web : www.emtici.co.in | CIN : U29259GJ1956PLC001509
Pravas Engineering Ltd.
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
PRAYAS ENGINEERING LIMITED (“the Company”) (being promoter together with persons Acting in Concert), is having and holding NIL Equity Shares (0.00) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For PRAYAS ENGINEERING LIMITED
Ravinkumar Shah
Authorised Signatory
Place: V V Nagar
Date: 7th April, 2026

Regd. Office : Anand-Sojitra Road, Vallabh Vidyanagar - 388 120. Gujarat, India.
Phone : + 91 2692 230168, 231082, 231125
E-mail : [email protected] Website : www.prayasengineering.com
Manjusar Unit : Plot No. 24, Savli Industrial Estate, Village : Manjusar, Dist. Vadodara, Gujarat - 391 775, India.
Phone : + 91 2667 264361, Fax : +91 2667 264361
CIN : U27310GJ1963PLC001222
ELECON INFORMATION TECHNOLOGY LIMITED
Anand Sojitra Road, Vallabh Vidyanagar - 388120 Gujarat, India.
Direct: +91 2692 227291, 227292, 227297, 227299, 227270
Email: [email protected], [email protected]
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
ELECON INFORMATION TECHNOLOGY LIMITED (“the Company”) (being promoter together with persons Acting in Concert), is having and holding NIL Equity Shares (0.00) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For ELECON INFORMATION TECHNOLOGY LIMITED
Ravinku
mar Shah
Ravinkumar Shah
Authorised Signatory
Place: V V Nagar
Date: 7th April, 2026

Service Center: Support @313, F-7, Vaidarbhi Complex, Nr. Railway Crossing, Vallabh Vidyanagar Road, Vitthal Udyognagar - 388121
Phone: +91 2692 231792 | E-mail: [email protected]
Branch Office: SF - 217, Panorama Complex, R. C. Dutt Road, Alkapuri, Vadodara - 390005 | Mobile: +91 90990 36045, +91 99099 17548 | E-mail: [email protected]
AKAAISH MECHATRONICS LIMITED
Regd. Office: Anand Sojitra Road, Vallabh Vidyanagar-388 120
Phone: C/o – (02692)231125, 230168
CIN:- U65910GJ1978PLC003215
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
AKAAISH MECHATRONICS LIMITED (“the Company”) (being promoter together with persons Acting in Concert), is having nd holding NIL Equity Shares (0.00) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For AKAAISH MECHATRONICS LIMITED
Ravinku
mar Shah
Ravinkumar Shah
Authorised Signatory
Place: V V Nagar
Date: 7th April, 2026

akaaish PRINTING PRESS PRIVATE LIMITED
Regd. Office : Anand - Sojitra Road, Vallabh Vidyanagar - 388 120. | Phone : (02692) 231168, 233168
E-Mail : [email protected] | Pan No.: AAACB8076G | CIN No.: U20223GJ1984PTC007065
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
AKAAISH PRINTING PRESS PRIVATE LIMITED (Formerly Known as Speciality Woodpack Private Limited)
(“the Company”) (being promoter together with persons Acting in Concert), is having and holding NIL Equity Shares (0.00) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Company has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For AKAAISH PRINTING PRESS PRIVATE LIMITED (Formerly Known as Speciality Woodpack Private Limited)
Ravinkumar Shah
Authorised Signatory
Place: V V Nagar
Date: 7th April, 2026

Factory Address : Plot No. : 703/2, GIDC Estate, Phase IV, Nr. New GEB, Vitthal Udhyognagar - 388 321, Anand, Gujarat, INDIA
GST No.: 24AAACB8076G1ZR
LOTUS TRUST
Honest House, Bakrol Road,
Vallabh Vidyanagar-388 120, Gujarat.
ANNEXURE
Disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
LOTUS TRUST (“the Trust”) (being promoter together with persons Acting in Concert), is having and holding NIL Equity Shares (0.00) in ELECON ENGINEERING COMPANY LIMITED i.e. Target Company (TC), confirm that the Trust has not made any encumbrance of its shares, directly or indirectly, during the Financial Year ended on 31st March, 2026.
For LOTUS TRUST
Ravinku
mar
Shah
Ravinkumar Shah
Authorised Signatory
Place: V V Nagar
Date: 7th April, 2026
