The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jagruti Maulin Acharya & Maulin Bhavesh Acharya - HUF
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Jagruti Maulin Acharya and Maulin Bhavesh Acharya HUF, both part of the promoter group of Rajvi Logitrade Limited, acquired a combined 10,80,975 shares (26.54%) through a preferential allotment on August 29, 2025. Before this transaction, both held zero shares in the company. As part of the same allotment, the company's equity share capital expanded sharply from 10,00,000 shares (₹1 crore) to 40,74,100 shares (₹4.07 crore), nearly a 4x increase. Each acquirer individually holds 13.27% of the expanded share capital. The filing was submitted under SEBI's Takeover Regulations, 2011.
This is a significant promoter entry into Rajvi Logitrade, giving them a sizeable 26.54% stake and likely indicating promoter-driven fundraising through preferential issuance. Shareholders should note the heavy dilution from the share capital expansion, which may affect per-share metrics. The promoter's meaningful holding is generally a positive signal of management commitment, though the mode (preferential allotment) means existing public shareholders face dilution.