The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Goonmeet Singh Chauhan
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Goonmeet Singh Chauhan, a non-promoter acquirer, has acquired 23,46,901 fully convertible warrants of Ador Multiproducts Limited through a preferential allotment on May 16, 2025. These warrants represent 12.43% of the total diluted share/voting capital of the company, though they currently show 0.00% against the existing equity share capital. Prior to this acquisition, Mr. Chauhan held no shares, voting rights, or warrants in the company. The equity share capital of Ador Multiproducts remains unchanged at ₹9.56 crore (95,60,989 shares of ₹10 each), while the total diluted capital post-allotment stands at ₹18.87 crore including 93,12,364 convertible warrants. Note: The BSE headline mentions 'Thrive Future Habitats Ltd', but the actual filing pertains to Ador Multiproducts Limited.
A new non-promoter shareholder is taking a 12.43% stake (in diluted terms) via warrants, which signals strategic interest in the company but does not yet trigger a mandatory open offer (threshold is 25%). Existing shareholders should watch for conversion of these warrants, which would dilute their holdings significantly.