The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dhruv Manoj Rakhasiya & PACs
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Manoj Ceramic Ltd's promoter Dhruv Manoj Rakhasiya and his Persons Acting in Concert (family members and HUF) acquired 13,00,000 equity shares (4.92%) through a preferential allotment on 14 November 2025. The allotment increased the company's equity share capital from 1,24,07,000 to 1,37,07,000 shares. Post-acquisition, the promoter group's total holding rose from 48.14% (59,72,800 shares) to 53.06% (72,72,800 shares), crossing the 50% majority threshold. Key individual allotments went to Dhruv Manoj Rakhasiya (5,00,000 shares), Aakash Manoj Rakhasiya (4,00,000), Anjana Manoj Rakhasiya (2,00,000), Manoj Dharamshi Rakhasiya (1,00,000), and Manasvi Dhruv Rakhasiya (1,00,000).
The promoter group has solidified its controlling stake in Manoj Ceramic by crossing the 50% mark, which may reduce the free float available for public trading. For shareholders, this signals stronger promoter commitment but also means future dilution risk is now entirely in the promoters' hands given their majority control.