Opti Products Private Limited, belonging to the Promoter Group of Kreon Financial Services Limited, has made mandatory disclosures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Acquisition Details
- Shares acquired on June 3, 2026: 698,123 equity shares
- Shares acquired on June 4, 2026: 300,000 equity shares
- Total shares acquired: 998,123 equity shares
- Mode of acquisition: Open Market purchases
- Holding after acquisition: 998,123 shares (4.93583% of voting rights)
Promoter Group Holding Changes
Before acquisition (acquirer along with PACs):
- Shares carrying voting rights: 11,242,569 shares (55.60% of total voting capital)
- No shares encumbered (pledge/lien/others)
- No voting rights otherwise than by equity shares
- No warrants/convertible securities outstanding
- Total holding: 11,242,569 shares (55.60%)
After acquisition:
- Shares carrying voting rights: 12,240,692 shares (60.53583% of total voting capital)
- Total increase in holding: 998,123 shares (4.93583%)
Capital Structure Impact
Equity share capital remains unchanged:
- Total equity shares: 2,022,200 shares of ₹10 each
- Total capital: ₹20,222,000
- Pre-acquisition capital: ₹20,222,000 (2,022,200 equity shares of ₹10 each)
- Post-acquisition capital: ₹20,222,000 (2,022,200 equity shares of ₹10 each)
- No change in diluted share capital as there are no outstanding convertible securities/warrants
Parties Involved
- Acquirer: Opti Products Private Limited (Promoter Group entity)
- Target Company: Kreon Financial Services Limited
- Stock Exchange: BSE Limited
- Compliance Officer: Kreon Financial Services Limited
Additional Company Identifiers
- Opti Products CIN: U15314TN1962PTC004953
- MSME Regn. No.: UDYAM-TN-02-0002544
- GSTN: 33AAACO1099E1ZQ
- Acquirer PAN: AAACO1099E (as per Part-B disclosure)