Non-promoter Adiniya Investments acquires 7.13% via loan-to-equity conversion
ACSTECH · price
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Adiniya Investments Private Limited, a non-promoter, acquired 49,50,495 shares of ACS Technologies, equal to 7.13 percent of total share capital, through conversion of a loan into equity shares allotted on a preferential basis. Before this, the acquirer held zero shares. The acquisition happened on October 1, 2026. After this, the company's share capital rose to about 7.44 crore equity shares of face value Rs 10 each.
Non-promoter now holds 7.13 percent after preferential loan conversion. Signals capital restructuring and minor dilution for existing holders.