Announced Fri, 22 May · 17:40 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajan Raheja & Others

Promoter Stake BuyOwnership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+11.1%1-day move
₹75.60
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+11.1+5.8+5.5+10.1+15.6+27.4+58.1+78.0
Up moveDown movePending
AI summary

The Raheja family promoter group acquired 1,40,69,636 equity shares through a rights issue allotment on May 20, 2026. The group includes Rajan Raheja, Suman Raheja, Akshay Raheja, Viren Raheja, and four investment companies (R Raheja Investments, Globus Stores, Bloomingdale Investments, and Matsyagandha Investments). Before the issue, the promoter group held 73.70% of shares (5,56,08,988 shares). After the allotment, their holding increased to 75.04% (6,96,78,624 shares). The company's total equity capital expanded from 7,54,49,316 to 9,28,60,696 shares. The company noted the increase per acquirer does not exceed 2% but filed the disclosure out of abundant caution.

Likely market impact

Promoter holding increased from 73.70% to 75.04%, strengthening control. The rights issue was fully subscribed by the promoter group, indicating confidence in the company. Public shareholding diluted from 26.30% to 24.96%.