The Exchange has received the revised disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vikas Gupta
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Vikas Gupta, a non-promoter, acquired 2,50,000 equity shares (1.34%) of Integrated Proteins Limited through a preferential allotment on 07-08-2025. Before this acquisition, he held no voting shares but held 2,50,000 convertible warrants (1.34%), which appear to have converted into equity shares. After the acquisition, his total holding stands at 2,50,000 shares representing 1.34% of the total share capital. The company's equity share capital expanded from 1,32,03,600 shares to 1,87,13,600 shares (an increase of 55,10,000 shares), indicating a broader preferential allotment to multiple allottees. The acquirer is explicitly classified as not belonging to the promoter or promoter group.
This is a non-promoter acquisition of a small stake (1.34%) via preferential allotment, so it has limited direct impact on promoter control or shareholder structure. The significant expansion of share capital (over 41%) suggests a broader fund-raising exercise by the company, which could lead to dilution for existing shareholders.