Altitude Fund acquires 12.69% stake in Axentra via preferential allotment

Altitude Investment Fund PCC Cell 1 has disclosed a substantial acquisition of shares in Axentra Corp Limited under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The fund acquired 25,00,000 equity shares, representing 12.69% of Axentra's total diluted share capital, through a preferential allotment on April 14, 2026. This acquisition increased Altitude Investment Fund's total holding in Axentra from 3,00,000 shares (3.09%) to 28,00,000 shares (14.21%). Post-acquisition, Axentra's equity share capital increased from ₹9.70 crore to ₹19.70 crore, reflecting the issuance of new shares.