
Shareholding24 Aug 2026, 10:21 am
Chhaya Gaurang Shah Acquires 9.77% Stake in New Markets Avenue
AI Summary
Chhaya Gaurang Shah has acquired a 9.77% stake in New Markets Avenue Limited (formerly New Markets Advisory Limited) through a preferential allotment. The acquisition involved 10,00,000 equity shares, bringing her total holding to 10,00,000 shares, representing 9.77% of the total share capital. The transaction occurred on August 13, 2026. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of the company before and after the acquisition remains 1,02,40,000 equity shares of Rs. 10/- each.
Key Highlights
- Chhaya Gaurang Shah acquired 9.77% stake in New Markets Avenue.
- Acquisition of 10,00,000 shares via preferential allotment.
- Disclosure filed under SEBI Takeover Regulations.
- Total share capital remains unchanged at 1,02,40,000 shares.
Price Impact
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