BSERajvi Logitrade LtdMediumNeutral
Announced Fri, 19 Sept · 17:05 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for COEUS Global Opportunities Fund

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

COEUS Global Opportunities Fund, a Mauritius-based foreign fund, has acquired 630,000 equity shares (9.96%) in Rajvi Logitrade Limited through a preferential allotment dated September 18, 2025. The acquirer is classified as a Non-Promoter and held no shares before this acquisition. As part of the allotment, the company's equity share capital expanded from 40.74 lakh shares (₹4.07 crore) to 63.26 lakh shares (₹6.33 crore). The shares were issued directly by the company rather than purchased from existing shareholders.

Likely market impact

This brings a foreign institutional investor on board at a near-10% stake, which signals confidence in the company from an offshore fund but also introduces a sizeable non-promoter shareholder whose future buying or selling could move the stock. The preferential issuance dilutes existing shareholders by roughly 55%.