AJINKYA INVESTMENT AND TRADING COMP ANY has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
BFINVEST · price
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Ajinkya Investment & Trading Company and Sundaram Trading and Investment Private Limited, both members of the promoter group, plan to acquire 50,54,091 equity shares (13.42% of share capital) of BF Investment Limited from KSL Holdings Pvt Ltd, also a promoter group entity. Ajinkya will acquire 25,54,091 shares and Sundaram will acquire 25,00,000 shares at Rs. 395 per share (within +/-15% range), with the transfer expected on or after 24th March 2026. As a result, Ajinkya's individual stake will rise from 27.32% to 34.10% and Sundaram's from 26.00% to 32.63%, while KSL Holdings will be reduced to 0%. The total promoter and promoter group shareholding remains unchanged at 74.13% before and after the transaction, making this a purely internal reshuffle exempt from open offer requirements under Regulation 10(1)(a)(ii).
No change in overall promoter ownership or public shareholding, so this is a neutral internal restructuring with no impact on stock price or minority shareholders. The transaction is exempt from open offer obligations under SEBI Takeover Regulations.