Transaction Details

  • Acquirer: Vachi Commercial LLP (Promoter Group of Continental Securities Limited)
  • Shares Acquired: 400,000 equity shares
  • Mode of Acquisition: Preferential allotment through conversion of convertible share warrants
  • Date of Acquisition/Allotment: July 16, 2026
  • Face Value per Share: ₹2

Shareholding Changes - Vachi Commercial LLP

Pre-Acquisition Holding (as of July 15, 2026):

  • Ordinary Shares: 3,150,000 shares (10.18% of total share capital)
  • Convertible Warrants: 800,000 instruments (2.52% of diluted capital)
  • Total Holding: 3,950,000 equivalent shares (12.44% of diluted capital)

Acquisition Details:

  • Shares Acquired: 400,000 equity shares (1.28% of total share capital, 1.26% of diluted capital)
  • Warrants Extinguished: 400,000 instruments (reduced from 800,000 to 400,000)

Post-Acquisition Holding (as of July 16, 2026):

  • Ordinary Shares: 3,550,000 shares (11.32% of total share capital, 11.18% of diluted capital)
  • Convertible Warrants: 400,000 instruments (1.28% of total share capital, 1.26% of diluted capital)
  • Total Holding: 3,950,000 equivalent shares (12.44% of diluted capital)

Capital Structure Impact

Before Acquisition:

  • Total Equity Shares: 30,453,000 shares
  • Face Value: ₹2 per share
  • Total Paid-up Capital: ₹6,09,06,000
  • Total Diluted Capital: 31,753,000 shares (including warrants)
  • Diluted Capital Value: ₹6,35,06,000

After Acquisition:

  • Total Equity Shares: 31,353,000 shares (increase of 900,000 shares)
  • Face Value: ₹2 per share
  • Total Paid-up Capital: ₹6,27,06,000
  • Total Diluted Capital: 31,753,000 shares (including remaining warrants)
  • Diluted Capital Value: ₹6,35,06,000

Persons Acting in Concert (PACs)

The disclosure identifies 20 entities/persons acting in concert with Vachi Commercial LLP, all belonging to the promoter group:

1. Rajesh Khuteta (Promoter/Managing Director) - 1,766,375 shares

2. Madan Lal Khandelwal (Promoter/Director) - 352,000 shares

3. Hemlata Khuteta (Promoter) - 1,032,640 shares

4. Raj Khuteta (Promoter) - 721,535 shares

5. Mahima Khuteta (Promoter Group/Director) - 924,465 shares

6. Navneet Khandelwal (Promoter Group) - 313,000 shares

7. Radhika Khandelwal (Promoter Group) - 59,500 shares

8. Sunidhi Khuteta (Promoter Group) - 1,141,525 shares

9. Vikrant Khandelwal (Promoter Group) - 640,000 shares

10. Bhagwati Khandelwal (Promoter Group) - 0 shares

11. Jagdish Prasad Khandelwal (Promoter Group) - 0 shares

12. Geeta Devi Mamodia (Promoter Group) - 0 shares

13. Rajiv Khandelwal (Promoter Group) - 0 shares

14. Ashok Mamodia (Promoter Group) - 0 shares

15. Rajesh Khuteta HUF (Promoter Group) - 1,119,400 shares

16. Shyam Lal Khuteta HUF (Promoter Group) - 4,665 shares

17. Orchid Securities Private Limited (Promoter Group) - 47,087 shares

18. Hemant Gupta (Officer) - 10,070 shares

19. Yash Khuteta (Promoter Group/Chief Financial) - 684,424 shares

Total PAC Holding: 11,966,686 shares (as of March 31, 2026)