The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RAN Ventures Pvt Ltd
ZAGGLE · price
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RAN Ventures Private Limited, a member of the Promoter Group of Zaggle Prepaid Ocean Services Ltd, purchased 1,00,000 equity shares from the open market on May 18, 2026. This acquisition increased the promoter's holding from 44.15% (5,97,19,523 shares) to 44.23% (5,98,19,523 shares) of the total share capital. The transaction represents 0.07% of total equity. The disclosure also lists Persons Acting in Concert (PACs) including Raj P Narayanam, Avinash Ramesh Godkhindi, Quadigo Ventures LLP, and Sumedha Rao.
The promoter group has slightly increased its stake in Zaggle through open market purchase, signalling confidence in the company. The increase is marginal (0.07%) and the promoter holding remains below 50%, so this is unlikely to have an immediate impact on the stock price.