The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mani Marketing & Holdings Pvt Ltd
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Mani Marketing & Holdings Pvt Ltd, which held the entire 100% stake (1,38,65,708 shares) in RGF Capital Markets Ltd, has sold its entire holding on 16 February 2026 through an open market transaction. The disclosure further shows that all 1,38,65,708 shares, which were fully encumbered (pledged), were released as part of this exit, leaving the acquirer with zero shares post-transaction. While the filing states the acquirer does not belong to the promoter/promoter group, holding 100% of the listed entity effectively makes them the de facto controlling shareholder.
This is a complete sell-off and exit, which removes the single controlling shareholder from RGF Capital Markets. The simultaneous release of a 100% pledge suggests the shares were unencumbered to facilitate the sale. For remaining shareholders, this signals a major change in ownership and could trigger mandatory open offer obligations depending on acquirer classification, while also raising concerns about future direction and liquidity of the stock.