Parties Involved

Acquirer: Kreon Financial Services Limited (CIN: L65921TN1994PLC029317)

Target Company: Gujarat Winding Systems Limited

Regulatory References: SEBI SAST Regulations, 2011 - Regulation 29(2)

Shareholding Details

Pre-Acquisition Holding (Before August 27, 2026):

  • Shares carrying voting rights: 332,792 equity shares
  • Percentage of total voting capital: 6.85%
  • Percentage of total diluted voting capital: 6.85%
  • No shares encumbered (pledge/lien/non-disposal undertaking)
  • No voting rights otherwise than by equity shares
  • No warrants/convertible securities
  • Total holding: 332,792 shares (6.85%)

Acquisition Details:

  • Shares acquired: 30,000 equity shares
  • Percentage acquired: 0.62% of total voting capital
  • Mode of acquisition: Open Market purchase
  • Type of securities: Equity Shares ranking pari-passu with existing shares
  • Date of acquisition/crossing threshold: August 27, 2026
  • No shares sold during this transaction

Post-Acquisition Holding (After August 27, 2026):

  • Shares carrying voting rights: 362,792 equity shares
  • Percentage of total voting capital: 7.47%
  • Percentage of total diluted voting capital: 7.47%
  • No shares encumbered
  • No voting rights otherwise than by equity shares
  • No warrants/convertible securities
  • Total holding: 362,792 shares (7.47%)

Capital Structure Information

  • Equity share capital: ₹4,85,79,000 (4,857,900 Equity Shares of ₹10 each)
  • Total voting capital: ₹4,85,79,000
  • Total diluted share/voting capital: ₹4,85,79,000
  • Capital structure remains unchanged before and after acquisition

Additional Information

  • Acquirer does not belong to Promoter/Promoter group of target company
  • Target company listed on: BSE Limited
  • Target company registered office: 8, Gokul Complex, Opp. Nagri Hospital, Gujarat College Road, Ellisbridge, Ahmedabad, Gujarat - 380006