The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Agri Vestors Pvt Ltd
Awaiting price reaction for this filing.
Agri Vestors Private Limited has acquired 27,17,72,140 equity shares (45.4419% of the company) from Amlika Mercantile Private Limited at Rs 4.31 per share, through a block deal on NSE on March 28, 2025, with the balance acquired via a share purchase agreement at the same price. Total deal value works out to roughly Rs 117 crore. Both Amlika Mercantile and Agri Vestors are controlled by Mr. K Rahul Raju, who holds 99% of Agri Vestors and is the ultimate beneficiary of Amlika. Since this is an inter-se transfer within the promoter group under Regulation 10(1)(a)(i), no open offer obligation is triggered. The overall promoter shareholding in Nagarjuna Fertilizers remains unchanged at 45.4419% before and after the transaction.
This is a routine internal reshuffle within the promoter group with no change in ultimate control or promoter percentage, so there is no material impact on retail shareholders or the stock price. Shareholders should note that no open offer has been triggered, meaning they do not get a mandatory exit opportunity from this large block movement.