The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kriyansh Gold Pvt Ltd
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Kriyansh Gold Private Limited, part of the promoter group of Darshan Orna Limited, disclosed an acquisition of 1,85,75,000 equity shares (18.56% of share capital) through a Rights Issue allotment on 27 November 2025. Before this acquisition, Kriyansh Gold held only 3,90,838 shares (0.78%); after the allotment, its holding rose to 1,89,65,838 shares (18.95%). The company's total equity share capital doubled from 5,00,29,335 to 10,00,58,670 shares as part of the Rights Issue. The filing is made under Regulation 29(2) of SEBI Takeover Regulations, 2011.
Promoter group's stake in Darshan Orna has increased sharply from 0.78% to 18.95%, signaling stronger promoter commitment and confidence in the company. The Rights Issue also dilutes existing non-promoter shareholders, but the increased promoter holding is generally viewed as a positive signal for retail investors.