The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Narendrasinh Rana
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Rajvi Logitrade Ltd's promoter group — Narendrasinh Rana, Bhavya Narendrasinh Rana, and Umaba Narendra Rana — filed a Regulation 29(1) disclosure noting a change in their shareholding percentage. No shares were bought or sold by the promoters. The change happened because the company allotted fresh equity shares to other shareholders on 18 September 2025, increasing the total share count from 40,74,100 to 63,25,525 shares. As a result, the promoter group's combined holding of 6,50,000 shares dropped from 15.95% to 10.27% of total share capital. This is a passive dilution event, not an active sale or purchase by the promoters.
Existing promoters did not sell any shares; their stake was simply diluted by a new share issuance. Retail investors should note that promoter ownership now stands at 10.27%, and the fresh equity infusion expands the share base by roughly 55%, which could affect per-share metrics going forward.