The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bonanza Agency LLP
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Bonanza Agency LLP, a member of the promoter/promoter group of Gretex Corporate Services Ltd, has disclosed receipt of 48,93,574 bonus equity shares allotted on 11 April 2025, representing 21.62% of the post-issue share capital. This was part of a bonus issue by the company in which the LLP's proportional holding remained unchanged at 45.63% both before and after the allotment (5,437,305 shares rising to 10,330,878 shares). The company's total equity share capital expanded from 1,19,15,545 shares to 2,26,39,347 shares of Rs 10 each. The total promoter and promoter group holding post-allotment stands at 1,44,92,848 shares, or 64.02% of the expanded capital.
This is a routine regulatory disclosure triggered by a bonus issue — no fresh buying or selling occurred in the market and the promoter's percentage stake did not change. Shareholders should view this as neutral news; there is no dilution of promoter control and no capital change for the company beyond the bonus share issuance already announced.