The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(d)(iii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Vidarbha Tradelinks Private Limited (VTPL) has acquired 1,25,000 equity shares (16.84% of total share capital) of Bajaj Global Ltd from Bajaj Exports Private Limited on October 13, 2025, pursuant to an NCLT-approved Scheme of Arrangement (Mumbai Bench order dated July 2, 2025). The transfer was made without any monetary consideration (Nil price) as it is an inter-se promoter group transfer, exempt from open offer under Regulation 10(1)(d)(iii) of SEBI SAST Regulations. The scheme involves demerger of the Strategic Investment Division of Bajaj Exports Pvt Ltd and Rohit Polytex Ltd into VTPL (Resulting Company), with share exchange ratios of 115 new shares for every 3 shares in Bajaj Exports and 1 new share for every 9 shares in Rohit Polytex. Post-acquisition, VTPL holds 16.84% in Bajaj Global, while Bajaj Exports' holding dropped to nil.
This is a promoter group internal restructuring with no change in ultimate beneficial ownership, so there is no impact on the share price. Shareholders are unaffected as no open offer is triggered and no cash changes hands; the transaction simply reorganizes promoter shareholding via the NCLT-approved demerger.