The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Trinity Infraventures Ltd
Awaiting price reaction for this filing.
Trinity Infraventures Ltd has informed BSE about acquiring shares of Taaza International Limited (listed on BSE) under an approved Resolution Plan, as per an NCLT Hyderabad Bench order dated 12 June 2025. The acquisition is being made in reliance on the exemption under Regulation 10(1)(da) of SEBI SAST Regulations, 2011, which means the acquirer is exempt from making an open offer to other shareholders. The disclosure was filed on 10 December 2025. The filing is part of the post-resolution compliance for a company that went through the corporate insolvency resolution process (CIRP).
Shareholders of Taaza International Ltd should note that a new controlling shareholder (Trinity Infraventures) has come in through the insolvency route, without any open offer obligation. This typically leads to change in management and business direction, but existing retail investors won't get an exit opportunity via tender offer. The stock may see volatility as the new promoter takes charge.