Announced Fri, 20 Feb · 16:31 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vibhu Maurya

Promoter Below 50pctOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Vibhu Maurya, who belongs to the promoter/promoter group of Onesource Industries and Ventures Ltd, has filed a disclosure under Regulation 29(2) of the SEBI Takeover Regulations for a change in his shareholding following the allotment of fully convertible warrants on a preferential basis on 18 February 2026. His equity shareholding remained steady at 89,10,569 shares, which is 28.98% of the total share capital (3,07,50,000 equity shares of Re. 0.01 each). However, because the diluted share capital has expanded to 3,85,00,000 shares (after including the convertible warrants), his effective voting percentage on a fully diluted basis drops from 28.98% to 23.14%. The disclosure reflects a 5.83% reduction in his holding on a fully diluted basis, solely due to the dilution effect of the new warrants being added to the capital structure.

Likely market impact

While Mr. Maurya's actual share count and basic voting percentage are unchanged, the preferential warrant allotment meaningfully dilutes his effective economic and voting interest from 28.98% to 23.14% once the warrants are fully converted. Shareholders should note this expansion of the diluted share base, as future conversion could further influence the promoter's control and overall shareholder value.