The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Devakar Bansal & Others
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Devakar Bansal, along with promoter group members (Harsh Bansal, Sunil Kumar Bansal, Neelam Bansal, Nupur Bansal, Vandana Bansal, Amber Bansal, Sagar Bansal, and Padam Chandra Bansal), disclosed acquisition of 8,58,882 equity shares (2.47% of pre-issue capital) and 99,012 convertible warrants through a preferential allotment on June 18, 2025. Total promoter group holding rose from 1,15,91,540 shares (41.58%) to 1,24,50,422 shares, though the percentage diluted to 40.15% of total capital (39.74% on diluted basis) due to expansion of the company's share base. The total equity capital increased from Rs. 5.57 crore to Rs. 6.15 crore (2,78,79,960 to 3,07,66,083 shares of Rs. 2 each). Individual acquisitions ranged from 37,129 shares (Devakar Bansal, Sunil Kumar Bansal) to 1,48,515 shares (Neelam Bansal, Nupur Bansal), with Devakar Bansal and Sunil Kumar Bansal each also receiving 49,506 warrants.
This signals continued promoter confidence and fresh capital infusion into POCL Enterprises by the promoter group, which is a positive show of faith. However, existing shareholders face mild dilution as the preferential issue expanded the share base, causing promoter percentage to dip slightly even though absolute holdings grew.