Key Quantitative Figures

  • Shares acquired: 4,00,000 equity shares
  • Face value per share: Rs. 2/- each
  • Pre-acquisition holding of Vachi Commercial LLP: 31,50,000 equity shares (10.18% of total share capital) plus 8,00,000 convertible warrants
  • Post-acquisition holding of Vachi Commercial LLP: 35,50,000 equity shares (11.32% of total share capital) plus 4,00,000 convertible warrants
  • Total holding including PACs: 39,50,000 shares (12.44% of diluted capital)
  • Pre-acquisition equity capital: 3,04,53,000 shares amounting to Rs. 6,09,06,000/-
  • Post-acquisition equity capital: 3,13,53,000 shares amounting to Rs. 6,27,06,000/-
  • Post-acquisition diluted capital: 3,17,53,000 shares amounting to Rs. 6,35,06,000/-

Dates of Action

  • Date of allotment: July 16, 2026
  • Disclosure date: July 18, 2026

Parties Involved

  • Acquirer: Vachi Commercial LLP (Promoter Group)
  • Target Company: Continental Securities Limited
  • Stock Exchange: BSE Limited
  • Persons Acting in Concert (PACs): Rajesh Khuteta, Madan Lal Khandelwal, Hemlata Khuteta, Raj Khuteta, Mahima Khuteta, Navneet Khandelwal, Radhika Khandelwal, Sunidhi Khuteta, Vikrant Khandelwal, Bhagwati Khandelwal, Jagdish Prasad Khandelwal, Geeta Devi Mamodia, Rajiv Khandelwal, Ashok Mamodia, Rajesh Khuteta HUF, Shyam Lal Khuteta HUF, Orchid Securities Private Limited, Hemant Gupta, Yash Khuteta

Mode of Acquisition

Preferential allotment of equity shares by Target Company through conversion of convertible share warrants.

Capital Structure Impact

The acquisition increased the total equity share capital from 3,04,53,000 shares to 3,13,53,000 shares and diluted share capital to 3,17,53,000 shares.

Ownership Impact

Vachi Commercial LLP's voting rights increased from 10.18% to 11.32% of total share capital post-acquisition.

Additional Information

The document includes detailed annexures showing shareholding of all Persons Acting in Concert as of March 31, 2026, with total PAC holding of 1,19,66,686 shares.