The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vidarbha Tradelinks Pvt Ltd
BAJAJST · price
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Vidarbha Tradelinks Pvt Ltd (VTPL) acquired 17,10,400 equity shares (8.22% of share capital) of Bajaj Steel Industries Ltd from Bajaj Exports Pvt Ltd at Nil consideration, pursuant to an NCLT-sanctioned scheme of arrangement between Bajaj Exports, Rohit Polytex and VTPL. Post-transfer, VTPL's holding rose from 8.17% (16,98,400 shares) to 16.39% (34,08,900 shares), while Bajaj Exports' holding dropped from 8.22% to Nil. The acquirer is exempted from making an open offer under Regulation 10(1)(d)(ii) of SEBI SAST Regulations as it is an inter-se transfer under a court-approved scheme. The transfer date is 16 December 2025.
This is a restructuring within the promoter/promoter-group entities with no change in ultimate control or cash consideration, so there is no material impact on minority shareholders. No open offer is triggered and the stock price is unlikely to be affected.