StockWatch
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Non Banking Financial Company (NBFC)
Shareholding12 May 2026, 02:50 pm

Apex Capital: Suchitra & Others Acquire 41.04% via Warrant Conversion

AI Summary

Suchitra and others, acting as promoters and the promoter group of Apex Capital and Finance Limited, have acquired 55,48,000 equity shares, representing 41.04% of the company's equity, through the conversion of fully convertible warrants on May 11, 2026. This acquisition increases their total shareholding to 98,70,443 shares, maintaining their 73.01% stake in the company. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Suchitra & Others acquired 55,48,000 shares of Apex Capital via warrant conversion.
  • The acquisition represents 41.04% of Apex Capital's equity.
  • Post-acquisition, the promoter group holds 73.01% of Apex Capital.
  • The acquisition was made on May 11, 2026.
  • Disclosure made under SEBI Takeover Regulations 29(2).