The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Paradisal Precision Pvt Ltd
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Paradisal Precision Private Limited, a non-promoter entity, acquired 22,02,620 equity shares (3.41%) of Celebrity Fashions Limited through a preferential allotment on 21-03-2026. This took its total holding in the company from 31,26,339 shares (5.24%) to 53,28,959 shares (8.26%). The company's total share capital expanded from 5,96,78,413 equity shares to 6,45,48,346 equity shares as a result of this preferential issue. The disclosure was filed with BSE and NSE on 24-03-2026.
This is a non-promoter acquisition via preferential allotment, meaning Celebrity Fashions issued fresh shares to Paradisal Precision rather than shares changing hands in the market. For existing shareholders, this represents dilution of their stake and signals that the company is bringing in a strategic/financial investor. Paradisal Precision now holds just below the 10% disclosure threshold, so further acquisitions would trigger additional disclosures.