Announced Fri, 22 May · 16:34 IST

The Exchange has received the disclosure under Regulation 29(1) 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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 and connected entities acquired 1,40,69,636 equity shares through a rights issue. The acquisition was completed on May 20, 2026. Prior to the issue, promoters held 5,56,08,988 shares (73.70% stake). After the rights issue, their holding increased to 6,96,78,624 shares (75.04% stake). The company filed voluntarily out of caution since the total increase was under 2% of post-issue capital. Key beneficiaries include Akshay Raheja and Viren Raheja who each received 48.45 lakh shares, increasing their individual stakes to 25.42% each.

Likely market impact

Promoter holding increased marginally by ~1.34 percentage points to 75.04%, showing continued commitment from the Raheja family. The voluntary disclosure indicates no major concern for minority shareholders, as the increase is modest and part of a structured rights issue.