The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhagwanji Narsi Patel
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Existing promoters Bhagwanji Narsi Patel and Utkarsh Goyal (PACs) have sold their entire 1,03,400 equity shares (51.70% of total share capital) in Antariksh Industries Ltd through an off-market Share Purchase Agreement dated July 03, 2025. The transaction was executed on November 04, 2025, with Mrs. Gitaben Nitinbhai Patel as the acquirer. Prior to the sale, the two sellers together held 25.85% each (51.70% combined); post-sale, their holding has dropped to 0%. The company's total equity share capital is small at Rs. 20 lakh (2 lakh shares of Rs. 10 each). This represents a complete change of promoter control at the company.
This is a significant change-of-control event — the outgoing promoters have fully exited and a new promoter (Mrs. Gitaben Nitinbhai Patel) is taking over 51.70% stake. Shareholders should expect potential shifts in management, strategy, and board composition. The stock may see volatility around the change of ownership, and retail investors should watch for any mandatory open offer triggers or further disclosures from the new promoter.