Bemco Hydraulics Limited has submitted a revised disclosure to BSE Limited under Regulation 29(1) and Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to a significant share transfer between promoter group entities.
Transaction Details
The disclosure covers two complementary transactions:
From Acquisition Perspective (Mohta Capital Private Limited):
- Acquirer: Mohta Capital Private Limited (CIN: 11061940), belonging to promoter group
- Seller: Ramachandra Enterprises Pvt Ltd (promoter group entity)
- Shares Acquired: 11,061,940 equity shares
- Percentage of Total Capital: 25.29% of voting rights (both basic and diluted)
- Transaction Date: March 12, 2026
- Mode of Acquisition: Off-market transfer
- Reason for Transfer: Execution as per merger order passed by NCLT
From Disposal Perspective (Ramachandra Enterprises Pvt Ltd):
- Seller: Ramachandra Enterprises Pvt Ltd, belonging to promoter group
- Buyer: Mohta Capital Private Limited
- Shares Sold: 11,061,940 equity shares
- Percentage of Total Capital: 25.29% of voting rights (both basic and diluted)
- Transaction Date: March 12, 2026
- Mode of Disposal: Off-market transfer
Shareholding Changes
Mohta Capital Private Limited:
- Pre-transaction holding: 13,312,120 shares (30.44%)
- Shares acquired: 11,061,940 shares (25.29%)
- Post-transaction holding: 24,374,060 shares (55.73%)
Ramachandra Enterprises Pvt Ltd:
- Pre-transaction holding: 11,061,940 shares (25.29%)
- Shares sold: 11,061,940 shares (25.29%)
- Post-transaction holding: 0 shares (0.00%)
Capital Structure Impact
The total equity share capital of Bemco Hydraulics Limited remained unchanged throughout this transaction:
- Total shares: 43,734,000 equity shares of ₹1 each
- The transaction represents an inter-se transfer within the promoter group
- No change in total voting capital or diluted share capital
- No encumbrances, warrants, or convertible securities involved
Effective Date
The transaction was executed on March 12, 2026, and the revised disclosure was submitted to BSE Limited on June 29, 2026.