The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bluerock Industrial Infrastructure Management LLP & Other
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The promoters of Zodiac-JRD-MKJ Ltd — Bluerock Industrial Infrastructure Management LLP and Bluerock Infrastructure Solutions LLP — have increased their combined stake from 1.54% to 29.42% by subscribing to the company's Rights issue on June 13, 2025. Bluerock Industrial Infrastructure Management LLP's holding rose from 47,511 shares (0.92%) to 21,97,511 shares (20.02%), while Bluerock Infrastructure Solutions LLP's holding went from 32,248 shares (0.62%) to 10,32,248 shares (9.40%). The total shares acquired via the rights issue were 31,50,000, accounting for 28.70% of the company. The Rights issue also doubled the company's equity share capital from 51,77,182 shares to 1,09,75,625 shares. No encumbrance (pledge/lien) has been created on these shares.
This signals strong promoter confidence and commitment to the company, as they subscribed to their full rights entitlement rather than letting it lapse. However, existing minority shareholders should note significant equity dilution, with the share count doubling, and the promoter group still remains well below the 50% majority threshold at 29.42%.