The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gaurav Kumar
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter and Managing Director Gaurav Kumar acquired shares through a preferential allotment on 20 December 2025. His holding increased from approximately 26.94 lakh shares (3.66%) before the transaction to about 46.71 lakh shares (5.83%) after. Additionally, 19.77 lakh shares (2.47%) were held as encumbered. The transaction increased the company's equity share capital from ~73.55 crore to ~80.17 crore shares, indicating new share issuance under the preferential allotment. Gaurav Kumar is confirmed as belonging to the Promoter/Promoter group.
This is a significant promoter stake purchase via preferential allotment, increasing the acquirer's holding by approximately 2.14 percentage points. It reflects promoter conviction in the company but also raises potential dilution concerns for minority shareholders.