The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vidarbha Tradelinks Pvt Ltd
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Vidarbha Tradelinks Private Limited (VTPL) has acquired 58,000 equity shares (7.81%) of Tashi India Limited from Bajaj Exports Private Limited. The transfer happened pursuant to an NCLT-approved Scheme of Arrangement involving Bajaj Exports, Rohit Polytex, and VTPL. No cash consideration was involved — it was an inter-se transfer at nil price as part of the court-sanctioned restructuring. After the transfer, VTPL's holding in Tashi India rose from 13.28% (98,599 shares) to 21.09% (1,56,599 shares), while Bajaj Exports' stake dropped to nil.
This is a routine internal restructuring under an NCLT-approved scheme and is exempt from open offer obligations under Regulation 10(1)(d)(iii). No fresh capital is involved and no money changed hands, so there is no direct financial impact on retail shareholders — though VTPL now becomes a more significant shareholder in Tashi India.