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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RAN Ventures Private Limited, a promoter group entity of Zaggle Prepaid Ocean Services Ltd, purchased 30,000 equity shares from the open market on May 20, 2026. This acquisition increased RAN Ventures' holding from 44.26% (5,98,69,523 shares) to 44.29% (5,98,99,523 shares) of the total share capital. The acquisition represents a negligible 0.02% increase. The filing also lists Raj P Narayanam, Avinash Ramesh Godkhindi, Quadigo Ventures LLP, and Sumedha Rao as Persons Acting in Concert (PACs). The total diluted share capital of the company post-acquisition is 13,55,16,646 equity shares.
A minor promoter group buyback with negligible change in shareholding. Generally seen as a positive signal of promoter confidence in the company, though the quantum is very small.