Shareholding14 Apr 2026, 03:39 pm
Pushpa Bhaju acquires 10.72% stake in Containe Tech via warrant conversion
AI Summary
Pushpa Bhaju has acquired 7,50,000 equity shares, representing 10.72% of Containe Technologies Ltd's expanded paid-up capital. This acquisition resulted from the conversion of warrants issued on a preferential basis. Post-acquisition, Pushpa Bhaju, along with Persons Acting in Concert (PACs), now holds a total of 8,33,000 shares. The company's equity share capital increased from ₹6.24 crore to ₹6.99 crore due to this conversion. This disclosure is made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Pushpa Bhaju acquired 7,50,000 shares in Containe Technologies.
- The acquisition represents a 10.72% stake in the expanded capital.
- Shares were acquired through conversion of preferential warrants.
- Total equity share capital increased from ₹6.24 Cr to ₹6.99 Cr.
- Acquirer's total holding with PACs is now 8,33,000 shares.