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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hiren Chandrakant Ghelani, a promoter of Prime Fresh Limited, has disclosed the acquisition of 1,18,849 equity shares through conversion of warrants into equity shares. The Finance Committee of the company allotted these shares on 30th March 2026 via preferential allotment. Before the acquisition, he held 41,59,084 shares (30.22%) carrying voting rights plus 8,44,755 shares under encumbrance (6.13%). After conversion, his holding increased to 42,77,933 shares (30.82%) carrying voting rights, while encumbered shares decreased to 7,25,906 (5.23%). His total holding decreased marginally from 36.36% to 36.05% due to increase in total share capital from warrant conversions.
Minor positive for the promoter as voting rights increased by 0.60 percentage points. The reduction in pledged shares (from 6.13% to 5.23%) indicates partial release of encumbrance, which is a positive signal for lenders and shareholders as it reduces risk.