The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vishal Jai Kumar Garg
Awaiting price reaction for this filing.
Vishal Jai Kumar Garg sold 705,052 equity shares (11.73%) of B. P. Capital Limited to M/s Kalyani Barter Private Limited on May 5, 2026. The transaction was an off-market sale valued at approximately INR 7.05 million based on the share capital structure. Before the sale, Garg held 14,00,000 shares (23.29%). After the sale, his holding reduced to 6,94,948 shares (11.56%). The acquirer Kalyani Barter Private Limited is not part of the promoter group. B. P. Capital's total equity capital is INR 6,01,18,000 comprising 60,11,800 shares of INR 10 each.
A significant 11.73% stake transfer occurred via off-market transaction. The seller reduced his holding by half, and the buyer (Kalyani Barter) now holds 11.73% of the company. Since both parties are non-promoters, this is a transfer of non-promoter shares with no change in promoter holding.