
Pushpa Bhaju acquires 10.72% stake in Containe Technologies via warrants
Pushpa Bhaju has acquired 7,50,000 equity shares, representing 10.72% of Containe Technologies Limited's total paid-up equity share capital. This acquisition resulted from the conversion of warrants, which were previously issued on a preferential basis, into equity shares. Following this transaction, Pushpa Bhaju's total shareholding, including persons acting in concert (PACs), has increased to 8,33,000 shares, constituting 11.91% of the company's expanded equity share capital. The acquisition date is stated as April 9, 2026, and the company's equity capital increased from ₹6.24 Crore to ₹6.99 Crore.
Key Highlights
- Pushpa Bhaju acquired 7,50,000 equity shares of Containe Technologies.
- The acquisition represents a 10.72% stake in the company's expanded capital.
- Shares were acquired through the conversion of preferential warrants.
- Post-acquisition, Pushpa Bhaju's total holding (with PACs) is 11.91%.
- The company's total equity capital increased to ₹6,99,40,000.
Price Impact
More from CONTAINE
Containe Technologies Board Meeting on Fund Raising, Trading Window Closed
Containe Technologies Board Meeting on June 24 to Consider Rights Issue
Containe Technologies Appoints Mr. Venkateswara Rao Eluru to Senior Management