The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Viva Tex-Chem Pvt Ltd
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Viva Tex-Chem Private Limited has filed a disclosure under SEBI SAST Regulation 10(6) regarding the inter-se transfer of 13,15,600 equity shares of Sayaji Industries (representing 20.82% of the company's diluted share capital). The transfer arose from the merger of Viva Tex-Chem with its two wholly owned subsidiaries — Priyam Commercial Enterprises (which held 8,56,400 shares or 13.55%) and Bini Commercial Enterprises (which held 4,59,200 shares or 7.27%). As a result, the shareholding has consolidated from the two subsidiaries into Viva Tex-Chem without any cash consideration. The merger scheme was approved by the Regional Director (North Western Region, Ahmedabad) and the acquirer's board on 23rd September 2025. The transaction is exempt from making an open offer under Regulation 10(d)(ii) of SEBI SAST Regulations.
This is a routine internal restructuring within the promoter group and does not change ultimate beneficial ownership or control of Sayaji Industries. Retail shareholders need not take any action, and there is no material impact on stock price since the shareholding pattern at the promoter-group level remains the same.