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Insecticides (India) Limited has announced that the Securities and Exchange Board of India (SEBI) has granted an exemption to its promoter group. This exemption, detailed in SEBI order no. WTM/KCV/CFD/15/2025-26 dated December 02, 2025, allows the proposed acquirers, Sanskriti Family Trust, Akshay Family Trust, EJ Private Trust, and KBZ Private Trust, to proceed without complying with Regulation 3(1) and Regulation 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The proposed acquisition is structured as a private family arrangement and a non-commercial transaction for succession planning and internal reorganization within the promoter family. The acquisition is expected to be completed on or after January 05, 2026. This exemption is valid for one year from the date of the SEBI order, December 02, 2025.

The transaction involves the transfer of shares from individual promoters to these family trusts. Post-acquisition, the Acquirer Trusts will collectively hold approximately 67.65% of the company's share capital. The SEBI exemption is conditional upon the Acquirer Trusts adhering to all statements, disclosures, and undertakings made in their application, as well as complying with the relevant provisions of the Companies Act, 2013, and other applicable laws. The exemption does not waive disclosure requirements under Chapter V of the Takeover Regulations or compliance with other SEBI regulations.