The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harsh Bansal & Others
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Harsh Bansal, on behalf of the Promoter Group of POCL Enterprises Ltd, has disclosed an acquisition of 8,58,882 equity shares (2.47% of pre-issue capital) through a preferential allotment of equity shares and convertible warrants dated June 18, 2025. All 9 members of the promoter group subscribed to the preferential issue, with Neelam Bansal and Vandana Bansal each receiving the largest allotments of 1,48,515 shares. As a result, the promoter group's total holding rose from 1,15,91,540 shares (41.58%) to 1,24,50,422 shares in absolute terms, though their percentage diluted holding came down to 39.74% due to the expanded equity base. The company's total equity capital increased from Rs. 5.58 crore to Rs. 6.15 crore (2,78,79,960 to 3,07,66,083 shares of Rs. 2 each), with additional convertible warrants taking the fully diluted capital to Rs. 6.27 crore.
This signals promoter confidence as the promoter group is putting in fresh money into the company via preferential allotment. For retail investors, it is a positive sign that promoters are backing the company's capital raise, though the existing promoter holding remains well below 50% at around 40% on a fully diluted basis.