BSEHarmony Capital Service LtdHighNegative
Announced Fri, 17 Apr · 10:39 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dorni Vinimoy Pvt Ltd

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dorni Vinimoy Pvt Ltd, a promoter group entity, acquired 35,50,000 equity shares representing 29.27% of Harmony Capital Services Limited on April 15, 2026. The acquisition was done via preferential allotment and open offer. The target company's share capital expanded significantly from 30,00,900 shares to 1,21,26,900 shares after this transaction. Following the acquisition, Dorni Vinimoy holds 35,50,000 shares (29.27%) carrying voting rights with no encumbrances. This represents a substantial entry by a promoter entity into the company.

Likely market impact

This is a significant promoter acquisition that increases the promoter group's holding in Harmony Capital. The massive expansion in share capital (4x increase) through preferential allotment indicates potential dilution for existing shareholders. The acquirer falling in the promoter category suggests strategic consolidation within the promoter group.