Acquisitions2 April 2026 at 08:41 am

RajasthanGlobal Securities Pvt. Ltd. Acquires 19.94% Stake in Tipco Engineering India Ltd Through SEBI Regulated Route

AI Summary

RajasthanGlobal Securities Pvt. Ltd. has acquired a 19.94% stake in Tipco Engineering India Ltd as per the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was made through the allotment in the IPO of Tipco Engineering India Ltd on 01.04.2026. The total shares acquired amount to 41,40,976 out of the total diluted share/voting capital of the TC which is 2,07,67,584 shares of Rs.10 each.

Key Highlights

  • RajasthanGlobal Securities Pvt. Ltd. acquires 19.94% stake in Tipco Engineering India Ltd
  • Acquisition made through the allotment in the IPO on 01.04.2026
  • Total shares acquired are 41,40,976 out of the total diluted share/voting capital of the TC which is 2,07,67,584 shares of Rs.10 each