The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Trinity Infraventures Ltd & PACs
Awaiting price reaction for this filing.
Trinity Infraventures Ltd and its Persons Acting in Concert (PACs) have acquired 5,60,47,800 equity shares of Keto Motors Ltd (formerly Taaza International Ltd) under a Resolution Plan approved by NCLT Hyderabad Bench on 12.06.2025. The acquisition was done through a Scheme of Arrangement between Keto Motors Private Limited (Transferor) and Taaza International Limited (Transferee). Trinity Infraventures' stake increased significantly from 28.50% (41,00,000 shares) to 67.08% (4,72,47,800 shares). Total promoter holding across all PACs rose from 63.25% to 92.49% of the company's share capital. The transaction was exempt from open offer requirements under Regulations 10(1)(d)(ii) and 10(1)(da) of SEBI SAST Regulations.
Trinity Infraventures has crossed the 50% ownership threshold, consolidating control at 67.08%. This significantly increases promoter holding to 92.49%, making the stock less liquid for retail investors and indicating strong promoter confidence in the company's turnaround under the resolution plan.