The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tarak Bipinchandra Gor
Awaiting price reaction for this filing.
Filtron Engineers promoter Tarak Bipinchandra Gor has been allotted 2,25,00,000 equity shares through a preferential allotment, taking his holding from 0% to 35.42% of the company's share capital and voting rights. The total equity share capital of the company expanded significantly from Rs. 2.61 crore (26,16,500 shares) to Rs. 63.51 crore (6,35,16,500 shares) as a result, representing a substantial dilution for existing shareholders. The acquisition date / allotment date is December 17, 2025, and the disclosure was signed on December 19, 2025. The stake was built entirely via fresh issuance rather than open-market purchase, meaning new capital is infused into the company.
Existing shareholders face heavy dilution (share count rose about 24x), but the move signals strong promoter confidence and brings in fresh equity capital. With the promoter at 35.42%, the company now has an identified controlling shareholder, which may improve governance clarity but also reduces free-float liquidity.