The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Yadav
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vijay Laltaprasad Yadav, promoter of Balgopal Commercial Ltd, has acquired 5,00,000 equity shares through conversion of warrants allotted on a preferential basis, dated 21.03.2026. This pushed his direct holding from 0% to 2.39% of total share capital (5,00,000 shares). Along with Persons Acting in Concert (PACs), the promoter group's total holding rose from 86,35,812 shares (45.43%) to 1,05,35,812 shares (50.39%) of total share capital, crossing the 50% mark. The company's equity share capital increased from Rs. 19.01 crore to Rs. 20.91 crore due to the warrant conversion. The total diluted share capital stands at Rs. 23.51 crore (2,35,10,000 shares). Key PACs include Allied Commodities Pvt Ltd, Basudev Dealers LLP, and Sandeep Jindal, who holds the largest individual PAC stake.
This is a positive signal showing promoter confidence in the company, as the promoter is increasing equity ownership rather than diluting. The crossing of the 50% shareholding threshold (to 50.39%) gives the promoter group majority control of the company. Shareholders should note that further promoter acquisitions may attract creeping acquisition limits under SEBI takeover regulations, potentially requiring open offer obligations.