Nisha Gupta sells 2,51,103 shares (2.82%) via open market; Northern Lights Ventures acquires

Shareholding disclosure under SAST Regulation 29(2): Nisha Gupta sold 2,51,103 equity shares (2.82%) through the open market on 05th October 2026.

Tue 6 Oct 2026

Shares sold by Nisha Gupta

2,51,103 equity shares (2.82%) through the open market on 05th October 2026

Northern Lights Ventures holding after transaction

13,20,524 shares (14.82%)

Nisha Gupta holding after sale

0

A disclosure has been shared under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, after Mrs. Nisha Gupta sold equity shares of the company through the open market on 05th October 2026.

What the transaction was

• Nisha Gupta (shown as the transferor) sold 2,51,103 equity shares, equal to 2.82% of the company's voting capital.
• Northern Lights Ventures Private Limited (shown as the acquirer) acquired 2,51,103 equity shares, also 2.82%.
• The mode of the transaction is stated as open market.
• Blue Ocean Strategic Advisors Private Limited is shown as a person acting in concert (PAC) with the acquirer.
• The update states that the acquirer does not belong to the promoter or promoter group.

Shareholding before the transaction

• Northern Lights Ventures Private Limited: 10,69,421 shares, 12.00%
• Nisha Gupta: 2,51,103 shares, 2.82%
• Blue Ocean Strategic Advisors Private Limited: 4,83,283 shares, 5.42%
• Total: 18,03,807 shares, 20.24%

Shareholding after the transaction

• Northern Lights Ventures Private Limited: 13,20,524 shares, 14.82%
• Nisha Gupta: 0 shares, 0
• Blue Ocean Strategic Advisors Private Limited: 4,83,283 shares, 5.42%
• Total: 18,03,807 shares, 20.24%

The combined holding of the acquirer and the PAC works out to the same 18,03,807 shares, or 20.24%, before and after the transaction. What changes is how that holding is split among them: Northern Lights Ventures moves from 12.00% to 14.82%, and Nisha Gupta moves from 2.82% to 0.

Share capital of the company

• Equity share capital before the transaction: 89,09,090 equity shares of face value of ₹ 10/- each.
• Equity share capital after the transaction: 89,09,090 equity shares of face value of ₹ 10/- each.
• Total diluted share/voting capital after the transaction: 89,09,090 equity shares of face value of ₹ 10/- each.

Other points recorded in the disclosure

• For shares in the nature of encumbrance (pledge/ lien/ non disposal undertaking/ others), the figures shown for the acquirer before the transaction, for the shares acquired, and after the transaction are all "-".
• Voting rights otherwise than by shares, and warrants or convertible securities entitling the holder to receive shares with voting rights, are also shown as "-" before the transaction, for the transaction, and after it.

What this means in simple terms

• One holder above the disclosure threshold has sold her entire holding in the company through the open market and now holds 0 shares.
• Another non-promoter holder has bought those shares through the open market and now holds 14.82%.
• The total number of equity shares of the company is unchanged at 89,09,090 shares, and so is the combined 20.24% held by the acquirer along with the PAC.

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