Continental Securities Limited has received and forwarded a regulatory disclosure from Mr. Yash Khuteta, a member of the company's Promoter Group, pursuant to Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure pertains to the acquisition of 21,000 equity shares of the company by Mr. Yash Khuteta through open market transactions on the Bombay Stock Exchange (BSE) on September 10, 2026.
Details of the Acquisition
Acquirer: Yash Khuteta (Promoter Group)
Number of Shares Acquired: 21,000
Percentage of Total Share Capital: 0.07%
Mode of Acquisition: Market purchase
Date of Acquisition: September 10, 2026
Shareholding Changes
Pre-acquisition holding of the acquirer (Yash Khuteta) along with Persons Acting in Concert (PACs):
- Shares carrying voting rights: 684,424
- Percentage of total voting capital: 2.16%
Post-acquisition holding of the acquirer (Yash Khuteta) along with PACs:
- Shares carrying voting rights: 705,424
- Percentage of total voting capital: 2.23%
Capital Structure
Equity share capital / total voting capital of Continental Securities Limited:
- Before acquisition: 6,35,06,000
- After acquisition: 6,35,06,000 (unchanged)
Total diluted share/voting capital: NIL
Persons Acting in Concert (PACs)
The disclosure identifies 20 entities and individuals as Persons Acting in Concert with the acquirer, comprising the promoter group. The total shareholding of the acquirer along with all PACs, as of July 21, 2026, is 12,766,686 shares.
Key PACs include:
- Rajesh Khuteta: 1,766,375 shares
- Rajesh Khuteta: 1,141,525 shares (likely a different entity based on context)
- Orchid Securities Private Limited: 3,950,000 shares
- Madan Lal Khandelwal: 924,465 shares
- Hemlata Khuteta: 1,032,640 shares
- Radhika Khandelwal: 721,535 shares
- Sunidhi Khuteta: 640,000 shares
- Vachi Commercial LLP: 684,424 shares
- Mahima Khuteta: 313,000 shares
- Navneet Khandelwal: 59,500 shares
- Vikrant Khandelwal: [value not clearly stated in data]
- Hemant Gupta: 10,070 shares
Financial Impact
The acquisition represents a change in ownership structure within the promoter group but does not alter the company's total equity share capital. The financial impact of the transaction is limited to the transfer of ownership of 21,000 shares between parties.