Shareholding10 April 2026 at 12:21 pm
Saptak Chem: Ankush Agarwal HUF acquires 16.27% via preferential allotment
AI Summary
Ankush Agarwal HUF has disclosed a substantial acquisition in Saptak Chem And Business Ltd, acquiring 5,00,000 warrants through a preferential allotment. These warrants are convertible into one fully paid equity share of ₹10/- each. Post-acquisition, Ankush Agarwal HUF's holding, including PACs, represents 16.27% of the total share/voting capital and 9.86% of the total diluted share/voting capital of Saptak Chem And Business Ltd. The acquisition date or intimation of allotment of these convertible securities is stated as April 06, 2026, which likely refers to the conversion deadline. The equity share capital of the company after this acquisition stands at ₹3,07,32,270.
Key Highlights
- Ankush Agarwal HUF acquired 5,00,000 warrants in Saptak Chem.
- The acquisition was executed via a preferential allotment.
- Warrants are convertible into equity shares by April 2026.
- This represents 16.27% of the company's voting capital.
- Post-acquisition, total diluted capital is ₹3.07 crore.