The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manan Pavankumar Trivedi
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Manan Pavankumar Trivedi (non-promoter acquirer) has disclosed the acquisition of 8,40,000 equity shares (8.40% stake) in Yash Trading and Finance Limited (BSE Code: 512345) under Regulation 29(1) of SEBI's Takeover Regulations. The shares were acquired partly through a preferential allotment and partly through a Share Purchase Agreement (1,40,000 shares), with the SPA shares to be transferred only after the open offer process is completed. The acquisition, dated July 9, 2025, coincides with a major expansion of the company's equity capital from Rs. 3 crore (30 lakh shares) to Rs. 10 crore (1 crore shares) — more than tripling the share base. The acquirer is not part of the promoter group, making this a significant strategic/financial investor entry.
Shareholders should note an open offer is likely to follow this acquisition, which could provide an exit opportunity at a regulated price. The simultaneous tripling of equity capital through preferential allotment will dilute existing shareholders substantially, and the stock may see heightened activity around the open offer timeline.