The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hiren Ghelani
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Promoter Hiren Chandrakant Ghelani has acquired 57,725 equity shares of Prime Fresh Limited through the conversion of warrants into equity shares via a preferential allotment approved on 02 February 2026. As a result, his direct shareholding went up to 41,13,669 shares (29.99% of paid-up capital), while his warrant holding dropped correspondingly to 8,89,470 (6.48%). His total economic interest remains unchanged at 50,03,139 shares, but the combined stake as a percentage of the expanded share capital fell slightly from 36.63% to 36.47% of total voting capital. The company's total share capital has increased to Rs. 14.60 crore (1,46,05,767 shares) on a diluted basis after the allotment.
No real change in the promoter's economic stake — this is only a technical conversion of warrants already held into equity shares, so there is no fresh buying pressure or capital inflow from the promoter. Voting percentage has marginally dipped due to the expanded share base, but the promoter remains comfortably below the 50% takeover threshold and there is no change-of-control signal.