Announced Mon, 6 Oct · 12:59 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajasthan Global Securities Pvt Ltd & PACs

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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AI summary

Rajasthan Global Securities Pvt. Ltd., along with PACs LRSD Securities Pvt. Ltd. and RGSL Consultancy Pvt. Ltd., has disclosed acquisition of 5,52,000 equity shares (6.22%) of Rukmani Devi Garg Agro Impex Ltd. The shares were allotted to them in the company's IPO on 01.10.2025. Before this acquisition, the acquirer group held 0.00% in the company, and after the allotment their total holding stands at 6.22% of the equity share capital (88,76,000 shares of Rs. 10 each). The acquirer does not belong to the Promoter or Promoter Group of the company, which is listed on the BSE-SME platform.

Likely market impact

This is a mandatory disclosure under SEBI takeover regulations triggered because the acquirer's holding crossed the 5% threshold. The acquisition is a one-time IPO allotment rather than a market purchase, so it is unlikely to cause any short-term price impact. Shareholders should note that a non-promoter entity now holds 6.22%, meaning further purchases beyond 10% would attract additional takeover regulation requirements.