The Company has received an intimation from Deepak Vegpro Pvt. Ltd., member of Promoter Group of the Company, regarding its intention to acquire upto 15000 equity shares (constituting 0.469% ....
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Vijay Solvex Limited informed the stock exchange that Deepak Vegpro Private Limited, a member of the promoter group, intends to acquire up to 15,000 equity shares (0.469% of paid-up capital) from Mr. Dinesh Gupta, another promoter group member, through an on-market transaction. The acquisition is expected on or after 5 March 2026, at prevailing market price (the 60-day VWAP is Rs. 546.72). The transaction qualifies for exemption from open offer requirements under Regulation 10(1)(a)(ii) of the SEBI Takeover Regulations, as it is an inter-se transfer within the promoter group. The aggregate promoter and promoter group holding remains unchanged at 68.962% before and after the deal, with Deepak Vegpro's stake rising from 3.220% to 3.689%.
This is a routine internal reshuffle within the promoter family and does not change the total promoter holding or dilute minority shareholders. It is unlikely to have any meaningful impact on the stock price, as ownership within the promoter group stays the same.