Disclosure under Regulation 10(6) and29(2) of SEBI (SAST) Regulations, 2011
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The promoters and promoter group of Scoobee Day Garments (India) Ltd — Boby M Jacob, Minni Boby Jacob, Anna Aluminium Company Pvt Ltd, and Kitex Limited — collectively increased their shareholding from 74.99% to 79.77% of the post-issue capital, by acquiring 33,74,484 additional equity shares (19.94% of the post-issue capital) through the company's Rights Issue on October 16, 2025. The total equity capital expanded from ₹13.50 crore (1.35 crore shares) to ₹16.92 crore (1.69 crore shares) of face value ₹10 each. Anna Aluminium Company was the largest allottee, taking its stake from 38.05% to 44.26%, while Kitex Limited newly acquired a 6.04% stake via the issue. The transaction was carried out under Regulation 10(4)(a) of SEBI (SAST) Regulations, exempting the promoters from making an open offer.
The promoter group now holds 79.77% of the company, pushing public shareholding below the mandatory 25% threshold (now ~20.23%). The promoters must restore public shareholding to 25% within 12 months as required under Rule 19A(2) of SCRR, which could mean further dilution or a future public offer. For shareholders, the increased promoter skin-in-the-game signals confidence, but reduced free-float may hurt liquidity and weigh on the stock price.