Promoter allotted 10,00,000 equity shares on preferential basis; stake up from 16.10% to 18.55%
Promoter & Chairperson Rashmi Agrawal has been allotted 10,00,000 equity shares (3.25%) at Rs. 45.65 per share on a preferential basis, in the Board Meeting held on 13.10.2026.
By ScoutQuest · · 1 min read
- Shares Allotted
- 10,00,000 equity shares (3.25%) at Rs. 45.65 per share on a preferential basis
- Promoter Holding Before
- 47,00,092 shares (16.10%)
- Promoter Holding After
- 57,00,092 shares (18.55%)
Promoter raises stake through a preferential allotment
- Rashmi Agrawal, Promoter and Chairperson (Whole Time Director) of the company, has been allotted 10,00,000 equity shares of face value Rs. 10/- each.
- The allotment was made on a preferential basis at Rs. 45.65/- per share.
- The shares were allotted in the Board Meeting held on 13.10.2026.
How her holding moves
- Before this allotment she held 47,00,092 shares, equal to 16.10% of the company's total voting capital.
- The newly allotted shares, 10,00,000, equal 3.25% of the total voting capital.
- After the allotment she holds 57,00,092 shares, equal to 18.55% of the voting capital.
What the disclosure covers
- It is a disclosure made by the acquirer under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, shared with NSE and BSE.
- The acquirer is shown as belonging to the promoter/promoter group, alongside other promoters and persons acting in concert.
- On shares held in the nature of encumbrance (lien, non-disposal undertaking or others), the update shows NIL before the acquisition.
- Shares encumbered, invoked or released by the acquirer are shown as Nil, and after the acquisition the shares in the nature of encumbrance are also Nil.
How to read this
- A promoter being allotted shares on a preferential basis means the company issued fresh shares to her, so her share of voting rights in the company goes up from 16.10% to 18.55%.
- The shares allotted to her are 3.25% of the total voting capital of the company.
- The update places the allotment squarely in the promoter group and lists the other promoters and persons acting in concert with her.
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More numbers
- Equity shares allotted to the promoter on preferential basis10,00,000
- New shares as % of total voting capital3.25%
- Allotment price per equity shareRs. 45.65/-
- Face value per equity shareRs. 10/-
- Shares carrying voting rights held before the acquisition47,00,092
- Shareholding as % of voting capital before the acquisition16.10
- Shares carrying voting rights held after the acquisition57,00,092
- Shareholding as % of voting capital after the acquisition18.55
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