Acquisition Details

Vachi Commercial LLP (the Acquirer) was allotted 5,00,000 equity shares of Continental Securities Limited pursuant to a preferential allotment. The acquisition date was July 8, 2026. The mode of acquisition was preferential allotment of equity shares by the Target Company. The securities acquired were equity shares allotted pursuant to conversion of Convertible Share Warrants on a preferential issue basis.

Capital Structure Impact

Pre-acquisition capital structure:

  • Equity share capital: 3,04,53,000 equity shares
  • Face value: Rs. 2/- each
  • Total amount: Rs. 6,09,06,000/-

Post-acquisition capital structure:

  • Equity share capital: 3,09,53,000 equity shares
  • Face value: Rs. 2/- each
  • Total amount: Rs. 6,19,06,000/-
  • Total diluted share/voting capital: 3,17,53,000 equity shares
  • Total diluted amount: Rs. 6,35,06,000/-

Shareholding Changes

Vachi Commercial LLP specific holding:

  • Pre-acquisition ordinary shares: 26,50,000 shares (8.70% voting rights, 8.35% diluted)
  • Pre-acquisition convertible warrants: 13,00,000 warrants (4.09% diluted)
  • Total pre-acquisition holding (a+b+c+d): 39,50,000 equivalent (12.44% diluted)

Acquisition details:

  • Ordinary shares acquired: 5,00,000 shares (1.62% voting rights, 1.57% diluted)
  • Warrants converted: 5,00,000 warrants converted to ordinary shares

Post-acquisition holding:

  • Ordinary shares: 31,50,000 shares (10.18% voting rights, 9.92% diluted)
  • Remaining convertible warrants: 8,00,000 warrants (2.52% diluted)
  • Total post-acquisition holding: 39,50,000 equivalent (12.44% diluted)

Persons Acting in Concert (PACs)

The disclosure includes 20 Persons Acting in Concert with detailed shareholding:

1. Vachi Commercial LLP: 26,50,000 → 31,50,000 shares

2. Rajesh Khuteta: 17,66,375 shares (unchanged)

3. Madan Lal Khandelwal: 3,52,000 shares (unchanged)

4. Hemlata Khuteta: 10,32,640 shares (unchanged)

5. Raj Khuteta: 7,21,535 shares (unchanged)

6. Mahima Khuteta: 9,24,465 shares (unchanged)

7. Navneet Khandelwal: 3,13,000 shares (unchanged)

8. Radhika Khandelwal: 59,500 shares (unchanged)

9. Sunidhi Khuteta: 11,41,525 shares (unchanged)

10. Vikrant Khandelwal: 6,40,000 shares (unchanged)

11. Bhagwati Khandelwal: 0 shares (unchanged)

12. Jagdish Prasad Khandelwal: 0 shares (unchanged)

13. Geeta Devi Mamodia: 0 shares (unchanged)

14. Rajiv Khandelwal: 0 shares (unchanged)

15. Ashok Mamodia: 0 shares (unchanged)

16. Rajesh Khuteta HUF: 11,19,400 shares (unchanged)

17. Shyam Lal Khuteta HUF: 4,665 shares (unchanged)

18. Orchid Securities Private Limited: 47,087 shares (unchanged)

19. Hemant Gupta: 10,070 shares (unchanged)

20. Yash Khuteta: 6,84,424 shares (unchanged)

Total PAC holding: Increased from 1,14,66,686 shares to 1,19,66,686 shares post-acquisition.

Promoter Group Classification

The document identifies all Persons Acting in Concert as belonging to the Promoter/Promoter Group of Continental Securities Limited, with specific designations including Promoter/Managing Director, Promoter/Director, Promoter, Promoter Group/Director, and Promoter Group/Chief Financial Officer.