The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajesh Ghosh
Awaiting price reaction for this filing.
Rajesh Ghosh, identified as a member of the promoter/promoter group, acquired 36,50,000 equity shares representing 30.10% of Harmony Capital Services Limited. The acquisition took place on 15th April, 2026 via preferential allotment and open offer. Before the transaction, the company had 30,00,900 equity shares, which expanded to 1,21,26,900 shares after the acquisition. The acquirer's post-acquisition holding stands at 36,50,000 shares (30.10%). No pledge or encumbrance details were reported.
A promoter group member acquiring a 30.10% stake via preferential allotment significantly increases their ownership and voting power in the company, which is a positive signal for existing shareholders as it reflects promoter confidence. The large share capital expansion (from ~30 lakh to ~1.21 crore shares) dilutes existing shareholders' stakes proportionally.