The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vinoth Kumar Mohanadas
Awaiting price reaction for this filing.
Vinoth Kumar Mohanadas, a promoter of Axentra Corp Ltd, along with Person Acting in Concert (PAC) Suseela Kumarappan, have disclosed an acquisition of 97,949 equity shares (1.01% of total share capital) under SEBI SAST Regulation 29(2). The shares were acquired through a Share Purchase Agreement between 21 November 2025 and 23 December 2025. After this acquisition, the combined promoter and PAC holding has risen to 59,97,949 shares, representing 61.83% of the company's equity share capital (up from 60.82% earlier). Vinoth Kumar Mohanadas individually now holds 55.65%, while Suseela Kumarappan holds 6.18%. There is no change in the total share capital of the company, which remains at Rs. 9.70 crore divided into 97 lakh equity shares of Rs. 10 each.
This signals continued promoter confidence in the company, with the promoter group's stake strengthening further above 61%. The mode being a Share Purchase Agreement (rather than open market) suggests a private deal, which may limit immediate impact on stock price but reinforces promoter control.