BSEMegamont LtdMediumPositive
Announced Fri, 14 Nov · 11:23 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Minal Patil & Maddukuri Mounica

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoters Minal Gaurav Patil and Maddukuri Mounica of VR Woodart Limited have disclosed an acquisition of 1,24,20,000 equity shares (43% of pre-issue capital) through a preferential allotment dated 11 November 2025, along with 40,80,000 convertible warrants (12.23%). Before the acquisition, the promoter group held 35,91,146 shares (24.11% of voting capital); after the allotment, their voting rights holding rises to 1,60,11,146 shares (55.44%) and on a fully diluted basis to 60.22%. The company's equity share capital expands from 1,48,91,806 to 2,88,81,806 shares of Rs 10 each, indicating a sizeable equity infusion via the preferential route.

Likely market impact

Existing non-promoter shareholders will see their stake significantly diluted as promoter holding jumps past the 55% mark on voting rights and over 60% on a diluted basis. The preferential allotment signals promoter confidence in the company but reduces free-float and may affect liquidity in the stock.