The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vedankit Traders Pvt Ltd
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Integrated Proteins Limited informed BSE that Vedankit Traders Private Limited, a non-promoter entity, has acquired 10,00,000 equity shares representing 5.34% of the company's share capital. The acquisition was made through a preferential allotment on August 7, 2025, taking the acquirer's holding from NIL to 5.34%. This preferential allotment also significantly expanded the company's total equity share capital from 32,03,600 shares (Rs. 3.20 crore) to 1,87,13,600 shares (Rs. 18.71 crore), an increase of nearly 5.8 times. The disclosure is filed under Regulation 29(2) of SEBI Takeover Regulations, triggered by the acquirer crossing the 5% shareholding threshold.
Existing shareholders face significant dilution (~84% reduction in their proportional ownership) due to the massive preferential allotment that expanded the capital base. The entry of a new 5.34% holder via preferential route signals fresh capital infusion but also dilutes existing shareholders substantially.