StockWatch
·
Auto Components & Equipments
Shareholding30 Jun 2026, 11:03 am

Jayesh Patel Acquires 7.66% Stake in Craftroot Retail

AI Summary

Jayesh Patel has acquired a 7.66% stake in Craftroot Retail Limited (formerly Nirbhay Colours India Limited) through a Share Purchase Agreement and an open offer. The acquisition, completed on June 25, 2026, makes Mr. Patel a promoter of the company. The total share capital of the company remains Rs. 3,35,00,000/-. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Jayesh Patel acquired 7.66% stake in Craftroot Retail.
  • Acquisition completed via SPA and open offer.
  • Jayesh Patel becomes a promoter of the company.
  • Disclosure filed under SEBI Takeover Regulations.
  • Total share capital remains unchanged.