The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jagdish Dodia
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A group of five acquirers belonging to the Dodia family (Jagdish, Jagruti, Krunal, Parth Dodia and Jagdish G Dodia HUF) acquired 4,86,000 equity shares (11.95% of share capital) of Rajvi Logitrade Ltd through a Preferential Allotment on August 29, 2025. Before this transaction, the group collectively held just 18,000 shares (1.80% of capital); after the allotment, their combined holding rose to 5,04,000 shares (12.37%), crossing the 10% disclosure threshold under SAST regulations. Each acquirer received 97,200 shares, taking individual holdings to roughly 2.39%-2.64%. Importantly, the filing explicitly states that the acquirers do NOT belong to the promoter or promoter group of the company. As part of this preferential issue, the company's equity capital expanded sharply from Rs 1 crore (10 lakh shares) to Rs 4.07 crore (40.74 lakh shares).
A non-promoter family group has built a meaningful 12.37% strategic stake via fresh equity issuance, which also significantly dilutes the existing shareholder base by over 4x. Investors should monitor whether the Dodia family seeks board representation or gets reclassified as promoters, as the preferential allotment and new shareholding pattern could materially affect control and future voting dynamics.