The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jiruraj Finserve Pvt Ltd & PACs
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Jituraj Finserve Private Limited (formerly Galary Trading Pvt Ltd), along with persons acting in concert, has converted 45,00,000 convertible warrants into equity shares of Yogi Limited on 27th March 2025. Each warrant was priced at Rs. 32 (Rs. 10 face value plus Rs. 22 premium). Post-conversion, the acquirer's holding stands at 45,00,000 shares, representing 10.99% of Yogi Limited's total share capital and 10% of its diluted capital. The acquirer is not part of the promoter group. Yogi Limited's total equity share capital has expanded from Rs. 30 crore to approximately Rs. 40.96 crore as a result of this allotment.
A non-promoter group has crossed the 10% regulatory disclosure threshold in Yogi Limited, introducing a sizeable new shareholder. Existing shareholders are diluted by the warrant conversion, and the stock may see some attention given the new substantial stake. No promoter-level changes are involved.