The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rachna Shaw
Awaiting price reaction for this filing.
Promoter Rachna Suman Shaw acquired 48,43,275 equity shares of Nagarjuna Agri Tech Ltd through a Preferential Allotment on 20 March 2026, increasing her shareholding in absolute terms from 59,13,100 to 1,07,56,375 shares. However, because the preferential issue substantially expanded the company's total paid-up capital (from ₹9.37 crore to ₹30.66 crore), her percentage stake actually dropped from 63.11% to 35.09%. The filing confirms she belongs to the promoter/promoter group, and the shares were allotted on a preferential basis rather than through open market purchases.
The promoter has shown continued financial commitment by subscribing to a large preferential issue, but the dilution means she has fallen below the 50% majority threshold — potentially weakening her single-handed control and opening the door for greater influence from other shareholders in future decisions.