The Company submit disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
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Awaiting price reaction for this filing.
Desh Rakshak Aushdhalaya Ltd has informed BSE about a change in promoter shareholding following a preferential allotment of equity shares to non-promoter/public category allottees. The company's total share count increased from 44,38,324 to 56,98,324 equity shares (an addition of 12,60,000 shares). As a result, the promoter group's collective shareholding was diluted from 64.28% to 50.07%. The promoters themselves did not acquire or sell any shares — the change is purely due to the issuance of new shares to outsiders. Individual promoters (Tosh Kumar Jain, Monika Jain, Sudesh Jain, and Arihant Kumar Jain) filed separate voluntary disclosures for transparency. The effective date of the change is September 9, 2025.
This is a dilution event, not a sale by promoters. Promoters retain majority control but their cushion above 50% has narrowed to just 0.07%, making them vulnerable to further dilution. Shareholders should note that control is intact for now but the margin is razor-thin, and any future preferential issues could push promoters below the majority mark.