The Company hereby submit revised disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 pursuant to discrepancy observed in the ....
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The company has submitted a revised disclosure under SEBI's Takeover Regulations to correct a mistake in its earlier September 10, 2025 filing where the PAC (persons acting in concert) portion of the acquisition was omitted. Mr. Navneet Chaturvedi and Mrs. Ruchika Chaturvedi each acquired 5,50,000 equity shares (9.65% individually) via preferential allotment on September 9, 2025. Together with PAC holdings, each acquirer's combined holding works out to 11,00,000 shares, representing 19.30% of the company. Both individuals are confirmed as NOT belonging to the promoter or promoter group. The company's share capital expanded from Rs. 4.44 crore (44,38,324 shares) to Rs. 5.70 crore (56,98,324 shares) as a result of this preferential allotment.
A non-promoter entity now holds a significant 19.30% stake in this small-cap Ayurvedic products maker, sitting just below the 25% open offer trigger threshold, which gives it meaningful voting influence despite not being part of the promoter group.