The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aura Alkalies & Chemicals Pvt Ltd
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Aura Alkalies & Chemicals Pvt Ltd, part of the promoter group of Aeonx Digital Technology Ltd, has acquired 2,41,000 convertible warrants on a preferential basis on 15 September 2025. The acquisition represents 4.98% of the total diluted share capital of the company. Before this, the promoter entity already held 25,18,632 equity shares (54.75% voting rights). After the warrant acquisition, total holding stands at 27,59,632 instruments, with voting rights unchanged at 54.75% but potential diluted shareholding rising to 57.00% upon full conversion. The warrants were allotted through preferential allotment, not through open market purchase. The equity share capital remains 46,00,343 shares of Rs. 10 each, while fully diluted capital rises to 48,41,343 shares.
This increases the promoter's potential control and further consolidates their grip on the company. While current voting power stays the same at 54.75%, conversion of these warrants will raise promoter holding to 57% on a fully diluted basis, leading to mild dilution for non-promoter shareholders. Existing minority investors should note the strengthening of promoter ownership.