BSECapfin India LtdHighNeutral
Announced Mon, 6 Apr · 14:19 IST

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

Promoter Stake BuyOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoters Abhishek Narbaria and Umesh Kumar Sahay acquired 8,80,000 equity shares (22.18% stake) through a preferential allotment on March 31, 2026, for cash consideration. Each acquirer received 4,40,000 shares. Their combined holding increased from 66.18% to 71.18% of total share capital. Sixth Venture Advisors LLP, the PAC, holds 1,50,000 warrants but no equity shares. The company's equity share capital increased from Rs 2.94 crore to Rs 3.97 crore due to this allotment.

Likely market impact

Promoter holding crossed the 70% threshold, significantly strengthening promoter control over Capfin India. This large preferential allotment indicates strong promoter confidence in the company and could be positive for minority shareholders as it suggests capital infusion and commitment from the promoter group.