The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vidarbha Tradelinks Pvt Ltd
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Vidarbha Tradelinks Private Limited has informed BSE of acquiring 92,000 equity shares of Bajaj Global Ltd from Rohit Polytex Limited pursuant to an NCLT-approved scheme of arrangement (covering Balaji Exports Pvt Ltd, Rohit Polytex Ltd, and Vidarbha Tradelinks Pvt Ltd). As a result, Vidarbha Tradelinks' holding rises from 1,25,000 shares (1.84%) to 2,17,000 shares (29.3%) of the company, while Rohit Polytex's stake falls to NIL. The transaction is reported as having been done at NIL price, being an inter-se transfer, and is exempt from the open offer requirement under Regulation 10(1)(d)(iii) of the SEBI Takeover Regulations.
This is a reshuffling of shares within the promoter/promoter-group entities via a court-sanctioned restructuring — no open offer is triggered and ultimate promoter control remains effectively the same, making it largely neutral for retail shareholders in the short term.