BSEBajaj Global LtdHighNeutral
Announced Fri, 19 Dec · 12:05 IST

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, ....

Listed Co AcquisitionNclt Scheme FiledDemerger Ratio AnnouncedStrategic 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

Vidarbha Tradelinks Private Limited acquired 92,000 equity shares (12.39%) of Bajaj Global Ltd from Rohit Polytex Limited pursuant to an NCLT-approved Scheme of Arrangement (order dated July 2, 2025). The scheme involves demerger of Strategic Investment Divisions from Bajaj Exports Pvt Ltd and Rohit Polytex Ltd into Vidarbha Tradelinks Pvt Ltd. After this transfer, Vidarbha Tradelinks' stake in Bajaj Global rose from 1,25,000 shares (16.84%) to 2,17,000 shares (29.23%). The acquisition is an inter-se promoter group transfer without any monetary consideration and is exempt from open offer under Regulation 10(1)(d)(iii) of SEBI SAST Regulations. The share exchange ratio for the broader scheme is 115 new shares for every 3 shares of Bajaj Exports and 1 new share for every 9 shares of Rohit Polytex.

Likely market impact

This is an internal restructuring within the promoter group — no cash changed hands and no open offer was triggered. Bajaj Global now has a single consolidated promoter entity (Vidarbha Tradelinks) holding nearly 29%, making the promoter shareholding structure cleaner but with no change in ultimate control or significant impact on minority shareholders.