BSERetaggio Industries LtdMediumNeutral
Announced Wed, 21 Jan · 09:35 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Retaggio Trading Services LLP

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

Retaggio Trading Services LLP, a non-promoter entity, acquired 16,95,846 equity shares (4.89% of the voting capital) of Retaggio Industries Ltd on 17 January 2026 through a preferential allotment. Before this acquisition, the LLP held 92,96,154 shares representing 28.17% of the diluted share capital; after the acquisition, its total holding rose to 1,09,92,000 shares, or 31.69% of the diluted share capital. The basic equity capital remains at 1,55,66,160 shares, while total diluted capital stands at 3,46,76,160 shares, suggesting a large pool of outstanding convertible instruments. The filing was signed by Savinay Lodha (DIN: 02634124) on 20 January 2026 and submitted to BSE under scrip code 544391.

Likely market impact

The acquirer, though not a promoter, has crossed the 30% mark on a diluted basis and is operating near the SEBI creeping acquisition limit (5% per year for holders above 25%), leaving limited room for further non-open-offer purchases. Existing shareholders face dilution from the preferential allotment and should watch for any further stake-building that could trigger a mandatory open offer.