
Rights Issue22 May 2026, 04:41 pm
Innovassynth: Rajan Raheja & Others Increase Stake via Rights Issue
AI Summary
Rajan Raheja and associated Persons Acting in Concert (PAC) have increased their shareholding in Innovassynth Technologies (India) Ltd through the acquisition of equity shares via a rights issue. The disclosure, made under Regulation 29(1) of SEBI's Takeover Regulations, includes details of the pre- and post-acquisition shareholding of the acquirers, including Rajan Raheja, Suman Raheja, Akshay Raheja, Viren Raheja, R Raheja Investments Private Limited, Globus Stores Private Limited, Bloomingdale Investments Private Limited, and Matsyagandha Investments Private Limited.
Key Highlights
- Rajan Raheja & PAC acquired shares of Innovassynth Technologies via rights issue.
- Acquisition details disclosed under SEBI Takeover Regulations 29(1).
- Acquirers include Rajan Raheja, family members, and investment companies.
- Disclosure includes pre- and post-acquisition shareholding details.
- The acquirers belong to the Promoter/Promoter group.
Price Impact
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