StockWatch
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Non Banking Financial Company (NBFC)
Shareholding17 Sept 2026, 05:10 pm

Manoj Agrawal Acquires 13.77% Stake in Cubical Financial via Preferential Allotment

AI Summary

Manoj Agrawal has acquired 2,00,00,000 equity shares, representing 13.77% of the total issued and paid-up share capital of Cubical Financial Services Ltd, through a preferential allotment on September 14, 2026. Following this acquisition, Mr. Agrawal's total holding, along with any associated persons, now stands at 3,11,00,000 shares, equating to 21.42% of the company's total diluted share capital. The company's equity share capital increased from Rs. 18,81,40,000 to Rs. 29,03,40,000 post-allotment. This disclosure is made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Key Highlights

  • Manoj Agrawal acquired 2 Cr shares (13.77%) via preferential allotment.
  • Post-acquisition, his total holding is 21.42% of diluted share capital.
  • The acquisition increases the company's equity share capital significantly.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.