RGF Capital Markets: Nishad Jitendra Shah Acquires 16.98% Stake
Nishad Jitendra Shah and a group of associated entities (collectively "Acquirers") have acquired 2,54,80,900 Equity Shares of RGF Capital Markets Limited, representing 16.98% of the total paid-up and voting equity share capital. This acquisition was made pursuant to a Share Purchase Agreement (SPA) executed on March 10, 2026, with the transaction date being October 27, 2026. Following this acquisition, the Acquirers are set to be classified as Promoters. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Acquirers purchased 2,54,80,900 shares, increasing stake by 16.98%.
- Acquisition completed on October 27, 2026, via Share Purchase Agreement.
- Nishad Jitendra Shah and associated entities are the acquirers.
- Acquirers will be classified as Promoters post-acquisition.
- Disclosure filed under SEBI SAST Regulations 2011.
Price Impact
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