Please find the attached intimation under PIT Regulation received by Promoter Group entity for acquisition of Equity Shares pursuant to conversion of warrants
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Retaggio Trading Services LLP, a Promoter Group entity, has disclosed acquisition of 57,12,000 equity shares representing 30.22% of the company's share capital. This acquisition was done through conversion of 52,80,000 warrants under a preferential offer. Prior to this transaction, the entity held 52,50,000 shares (28.47%) plus warrants for 57,42,000 shares. After the conversion, total shareholding increased to 90,09,000 shares. The transaction was executed on 27 April 2026 pursuant to the allotment advice dated 22 April 2026.
This represents a significant increase in promoter holding, with the promoter group entity's shareholding crossing the 30% mark. This signals strong promoter confidence in the company and could be positive for retail shareholders.