StockWatch
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Non Banking Financial Company (NBFC)
Shareholding12 May 2026, 02:54 pm

Apex Capital: Inscence Developers Acquires 6.95% Stake

AI Summary

Inscence Developers Pvt Ltd acquired 9,39,198 equity shares of Apex Capital and Finance Limited on May 11, 2026, through the conversion of fully convertible warrants. This acquisition represents 6.95% of the total share capital of Apex Capital. Prior to this acquisition, Inscence Developers held 3.55% of shares and 8.50% through warrants. Post-acquisition, their total holding stands at 6.95% of shares and 0% through warrants.

Key Highlights

  • Inscence Developers acquired 9,39,198 shares of Apex Capital via warrant conversion.
  • The acquisition increased Inscence Developers' stake in Apex Capital to 6.95%.
  • The transaction occurred on May 11, 2026.
  • Before the acquisition, Inscence Developers held 3.55% shares and 8.50% warrants.
  • The disclosure was made under Regulation 29(1) of SEBI Takeover Regulations.