StockWatch
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Pharmaceuticals
Shareholding27 Oct 2026, 10:59 am

Chandra Bhagat Pharma: Samir Ramkant Dave Acquires 8 Lakh Warrants

AI Summary

Chandra Bhagat Pharma Ltd has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Samir Ramkant Dave. Dave has acquired 8,00,000 convertible warrants, which are convertible into equity shares, through a preferential issue. This acquisition increases the total diluted share capital of the company to 1,41,45,056 equity shares. The transaction is a significant step in the potential increase of stake by Mr. Dave in the company.

Key Highlights

  • Samir Ramkant Dave acquired 8,00,000 convertible warrants.
  • Acquisition was made via preferential allotment.
  • Warrants are convertible into equity shares.
  • Total diluted share capital increased to 1,41,45,056 shares.