The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Navneet Chaturvedi & Ruchika Chaturvedi
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Desh Rakshak Aushdhalaya Ltd disclosed that Mr. Navneet Chaturvedi and Mrs. Ruchika Chaturvedi (Persons Acting in Concert) have each acquired 5,50,000 equity shares (9.65% each) through a preferential allotment on September 9, 2025. Combined, the two acquirers now hold 11,00,000 shares representing 19.30% of the company's voting capital. Prior to this acquisition, they held 0% in the company, and they do not belong to the promoter or promoter group. The company's share capital increased from Rs. 4.44 crore (44,38,324 shares) to Rs. 5.70 crore (56,98,324 shares) as a result of this preferential issue.
A non-promoter group acquiring nearly 20% stake via preferential allotment introduces significant new shareholders, which may lead to governance changes, potential influence on board composition, and could trigger open offer obligations if the combined holding crosses the 25% takeover threshold. Retail investors should monitor further disclosures from this acquirer group.