BSEDhani Services LtdHighNeutral
Announced Mon, 22 Sept, 2025 · 09:56 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Calleis Infracon Pvt Ltd & PACs

Promoter Stake BuyOwnership Changes View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Calleis Infracon Pvt Ltd and its Persons Acting in Concert (PACs – Mr. Sameer Gehlaut, Inuus Developers Pvt Ltd, Valerian Real Estate Pvt Ltd) have disclosed acquisition of 2,25,00,000 fully paid-up equity shares of Dhani Services Ltd at face value of Rs. 2 each. The shares were allotted on September 17, 2025, upon conversion of an equivalent number of convertible warrants originally issued on a preferential basis (1,12,50,000 shares each to Calleis Infracon and the PAC group). After this acquisition, the promoter group's aggregate holding stands at 31.58% of the diluted share capital and 31.78% of total voting capital, up from 29.13% earlier. Dhani Services' paid-up equity capital rose from about Rs. 121.6 crore to Rs. 126.4 crore following the allotment.

Likely market impact

This is a positive signal of promoter confidence – the promoter group is increasing its stake by converting warrants into equity, which strengthens promoter holding and reduces dilution from outstanding warrants. No cash outflow from the company; shareholders should note the rising promoter stake from 29.13% to 31.58% on a diluted basis.