Grovy India Ltd: Promoters Acquire 9.52% Stake via Preferential Issue

Prakash Chand Jalan and associates, comprising the Promoter and Promoter Group of Grovy India Limited, have acquired 16,66,664 equity shares, representing 9.52% of the total share capital, through a preferential issue for cash consideration. The acquisition took place on August 4, 2026. Following this transaction, the collective holding of the acquirers and persons acting in concert (PACs) has increased. The total equity share capital of the company has also been revised post-acquisition.