The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jhansi Sanivarapu
Awaiting price reaction for this filing.
Jhansi Sanivarapu has acquired 50,00,000 (50 lakh) equity shares of Taaza International Limited through a preferential allotment done as part of an approved Resolution Plan under an NCLT Hyderabad Bench order dated 12.06.2025. Prior to this transaction, she held zero shares in the company; post-transaction, her holding stands at 34.75% of the total share capital. The acquisition qualifies for exemption from making an open offer under Regulation 10(1)(da) of the SEBI Takeover Regulations, which covers allotments pursuant to resolution plans. The filing was made on December 10, 2025, on BSE where the company's shares are listed.
This is a transformative event for the company — a new significant shareholder has emerged with a 34.75% stake through the corporate insolvency resolution process, which typically signals a change in control/promoter. Shareholders should note this represents a major ownership restructuring under the NCLT route, and the new acquirer's future plans for the company will be a key driver of stock price action.