BSERadha Madhav Corporation LtdHighNeutral
Announced Thu, 30 Jul, 2026 · 16:48 IST

SRA allotted 1.11 crore shares under NCLT-approved resolution plan

Promoter Stake BuyOwnership Changes View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Company filed Form B under SEBI insider trading rules for the allotment of 1,11,70,000 equity shares to Plug and Play Retail and Distribution Private Limited and Mr. Vijay Patel as the Successful Resolution Applicant. The allotment is pursuant to the Resolution Plan approved by the National Company Law Tribunal on August 1, 2022.

Likely market impact

New SRA becoming a significant shareholder under resolution plan; possible change in promoter group and company control.