The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Devineni Venkateswara Rao
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Devineni Venkateswara Rao, Non-Promoter and Whole-Time Director & CFO of Telogica Limited, has disclosed a change in shareholding exceeding 2%, increasing his holding from 26,77,345 shares (4.68%) to 51,77,345 shares (7.93%) of the company. The increase of 25,00,000 shares (3.83%) is purely on account of conversion of warrants into equity shares via preferential allotment, not a fresh market purchase. The company's total equity share capital also expanded from 5.71 crore shares to 6.53 crore shares due to allotment of shares pursuant to warrant conversions to public shareholders as well. The disclosure was filed with BSE on 4 November 2025.
This is not new buying from the open market — it is simply the conversion of warrants already held by a key managerial person into equity shares. Shareholders should note the dilution in equity base, but the CFO's economic interest in the company has not materially changed beyond what was already committed under the warrant instrument.