The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hamant Majethia & Others
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Hemant Majethia (Promoter) and persons acting in concert (Shilpa Majethia, Vandana Chothani, Saryu Kothari) received an allotment of 5,18,376 equity shares of Ventura Guaranty Ltd, representing 13.45% of the post-merger paid-up share capital. This allotment stems from a court-sanctioned merger where Kashmira Investment and Leasing Pvt Ltd was absorbed into Ventura Guaranty Ltd, with an NCLT order dated November 17, 2025 and board allotment on January 5, 2026 at a swap ratio of 84 VGL shares for every 100 KILPL shares. The company's share capital increased from 31,94,800 to 38,53,545 equity shares. As a result, the promoter group's combined holding rose from 13.34% to 24.51% of the paid-up capital, with Hemant Majethia alone holding 16.84% post-allotment.
Promoter group stake has increased significantly from 13.34% to 24.51%, strengthening promoter control in the company. This is not a market purchase but a merger-driven allotment, so no cash was deployed; the change reflects the consolidation of the promoter group's holdings through the absorption scheme.