Innovassynth: Rajan Raheja & Others Acquire Shares via Rights Issue

Rajan Raheja and other persons acting in concert have acquired equity shares of Innovassynth Technologies (India) Ltd pursuant to a rights issue, as disclosed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition involves multiple acquirers, including individuals and investment firms like R Raheja Investments Private Limited, Globus Stores Private Limited, Bloomingdale Investments Private Limited, and Matsyagandha Investments Private Limited. The allotment date was May 20, 2026. The equity share capital of the company has increased from 7,54,49,316 to 9,28,60,696 equity shares after the acquisition.