Parties Involved
- Acquirer: Rajender Kumar Agarwal (Promoter of Suryavanshi Spinning Mills Limited)
- Target Company: Suryavanshi Spinning Mills Limited
- Stock Exchange: BSE Limited
Transaction Details
- Date of Acquisition: June 2026 (exact date not specified)
- Number of Shares Acquired: 240,480 equity shares
- Percentage of Voting Rights Acquired: 4.90%
- Mode of Acquisition: Off-market transaction
- Transaction Value: Not disclosed
Shareholding Changes
Pre-Acquisition Holding (as of before transaction):
- Shares carrying voting rights: 2,079,253 shares
- Percentage of total voting capital: 42.36%
- No shares encumbered (pledge/lien/non-disposal undertaking)
- No voting rights otherwise than by shares
- No warrants/convertible securities
- Total holding: 2,079,253 shares (42.36%)
Post-Acquisition Holding:
- Shares carrying voting rights: 2,319,733 shares
- Percentage of total voting capital: 47.26%
- No shares encumbered
- No voting rights otherwise than by shares
- No warrants/convertible securities
- Total holding: 2,319,733 shares (47.26%)
Company Capital Structure
- Equity Share Capital Before Transaction: ₹4,90,85,760 divided into 49,08,576 equity shares of ₹10 each
- Equity Share Capital After Transaction: ₹4,90,85,760 divided into 49,08,576 equity shares of ₹10 each (unchanged)
- Total diluted share/voting capital: Not applicable
Financial Impact
The transaction represents a change in ownership structure but does not affect the company's total equity capital. The acquisition increases the promoter's voting rights by 4.90 percentage points.