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 Promoter Group entity of Zaggle Prepaid Ocean Services Ltd, purchased 50,000 equity shares from the open market on May 19, 2026. This acquisition increased their holding from 44.23% to 44.26% of the total share capital (from 5,98,19,523 to 5,98,69,523 shares). The transaction represents 0.04% of the total share capital of 13,44,58,445 equity shares. Four Persons Acting in Concert (PACs) were also disclosed including Raj P Narayanam (Director), Avinash Ramesh Godkhindi, Quadigo Ventures LLP, and Sumedha Rao.
A promoter group entity buying shares in the open market is generally seen as a positive signal, indicating insider confidence in the company. However, the transaction size is small (0.04%) so the immediate market impact may be limited.