The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Trinity Infraventures Ltd & PACs
Awaiting price reaction for this filing.
Trinity Infraventures Ltd (along with 40 Persons Acting in Concert) acquired 5,60,47,800 equity shares of Keto Motors Ltd through a scheme of arrangement, where Keto Motors Private Limited (Transferor Company) merged into Keto Motors Limited (formerly Taaza International Limited). Before the acquisition, promoters held 91,00,000 shares (63.25%). After the acquisition, the promoter group now holds 7,04,34,472 shares representing 92.49% of the total share capital. The acquisition was completed on 31 March 2026. This represents a massive 29.24 percentage point increase in promoter holding through the corporate restructuring.
Promoter holding has surged to 92.49%, significantly above the 75% threshold, indicating near-complete promoter control of the company. This consolidation of ownership through a scheme of arrangement may reduce public float and liquidity for retail investors.