BSEAnka India LtdCriticalNeutral
Announced Thu, 12 Jun · 10:14 IST

The Exchange has received the disclosure under Regulation 18(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Sharma & Arjit Sachdeva

Listed Co AcquisitionStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Amit Sharma and Arjit Sachdeva have acquired 3,61,54,529 equity shares in Anka India Limited, representing 70.15% of the post-issue equity capital. The shares were allotted on 11-06-2025 through a preferential allotment at Rs. 17 per share. Before this acquisition, the acquirers held negligible stake (0.00%), and post-allotment Amit Sharma alone holds 70.15% of the company. This is a disclosure filed during the offer period as required under SEBI Takeover Regulations.

Likely market impact

This preferential allotment gives the acquirers a controlling 70.15% stake in Anka India Limited, effectively making Amit Sharma and Arjit Sachdeva the new promoters. Existing minority shareholders should note the significant change in control and the dilutive impact of the preferential issue priced at Rs. 17 per share.