
Investment24 Mar 2026, 06:21 pm
Venkatesh Rajagopal & Others Acquire 33.15% Stake in Celebrity Fashions Ltd Through Preferential Allotment
AI Summary
According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Mr. Venkatesh Rajagopal, Mrs. Rama Rajagopal, and Mr. Vidyuth Rajagopal have acquired a significant stake in Celebrity Fashions Limited. The acquisition was made through a preferential allotment of equity shares on March 21, 2026. The total shares acquired amount to 2,13,98,477, which is 33.15% of the total equity shares of the company. This acquisition will result in a change in the equity share capital and total voting capital of the company.
Key Highlights
- Venkatesh Rajagopal, Rama Rajagopal, and Vidyuth Rajagopal have acquired a 33.15% stake in Celebrity Fashions Limited.
- The acquisition was made through a preferential allotment of equity shares on March 21, 2026.
- The total shares acquired amount to 2,13,98,477.
- This acquisition will result in a change in the equity share capital and total voting capital of the company.
- The acquisition was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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