The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for One Tree Hill Properties Pvt Ltd
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One Tree Hill Properties Pvt Ltd, a non-promoter entity, has disclosed acquisition of 20,00,000 equity shares in Mega Nirman and Industries Ltd through warrants convertible into equity, allotted on a preferential basis on 06/08/2025. Post-acquisition, the acquirer holds 7.80% of the company's paid-up equity share capital (20 lakh shares out of 2,56,47,500). Each warrant is convertible into 1 equity share at Rs. 15 per warrant (face value Rs. 10). The company's paid-up capital increased from Rs. 18.59 crore (1,85,91,943 shares) to Rs. 25.65 crore (2,56,47,500 shares) following this preferential allotment. The acquirer has confirmed it does not belong to the promoter or promoter group of the company.
A new non-promoter investor is taking a sizeable 7.80% stake via preferential warrants, signaling fresh external interest in the company and potential dilution for existing shareholders. This could bring changes in shareholding dynamics but does not trigger any open offer obligation as the holding remains below 10%.