
Vachi Commercial LLP Acquires 1.28% Stake in Continental Securities
Vachi Commercial LLP, through its designated partner Hemant Gupta, has acquired 400,000 equity shares, representing 1.28% of the total share capital, in Continental Securities Limited via preferential allotment. This acquisition increases Vachi Commercial LLP's total holding, along with its Persons Acting in Concert (PACs), to 11.32% of the voting rights. The total diluted share capital of Continental Securities Limited post-acquisition stands at 31,753,000 equity shares. The acquisition is part of a preferential allotment of equity shares.
Key Highlights
- Vachi Commercial LLP acquired 400,000 shares, a 1.28% stake.
- The acquisition was made through a preferential allotment.
- Vachi Commercial LLP's total holding increased to 11.32%.
- The transaction is disclosed under SEBI Takeover Regulations.
Price Impact
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