The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Novaxdigital Technologies and Services Ltd
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Novaxdigital Technologies and Services Ltd (formerly BS Energy Vehicle Limited), a non-promoter entity, has acquired 63,75,000 equity shares in Vani Commercials Ltd, representing 21.68% of the company's total share and voting capital. The shares were acquired through a preferential allotment on 2nd March 2026. Before this transaction, the acquirer held NIL shares, making this a fresh entry as a significant shareholder. The total share capital of Vani Commercials post-allotment stands at 63,75,000 shares.
This preferential allotment brings in a new major non-promoter shareholder, which may dilute existing shareholders and could trigger further disclosure or open offer obligations under takeover regulations. Investors should monitor for any strategic direction changes or further stake movements by the new acquirer.