Announced Tue, 30 Jun · 11:03 IST
Jayesh Patel acquires 7.66% stake, becomes promoter of Craftroot Retail
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Jayesh Patel acquired 2,56,600 shares (7.66%) of Craftroot Retail Ltd through a Share Purchase Agreement signed on December 15, 2025 and an open offer dated February 7, 2026. Before this acquisition, he held zero shares. With the acquisition, he has been inducted as a promoter of the company. The total equity capital remains at 33,50,000 shares of Rs. 10 each, with no change in capital structure.
Likely market impact
New promoter entry signals a change in control. Shareholders should watch for further corporate actions and disclosures from the new management.