Shareholding5 Jun 2026, 03:11 pm
Zeal Global Fund Acquires 5.89% Stake in Sobhagya Mercantile via Warrants
AI Summary
Zeal Global Opportunities Fund has acquired 6,50,500 convertible warrants in Sobhagya Mercantile Limited through a preferential allotment. This acquisition represents a 5.89% stake on a diluted basis. The warrants were allotted at a premium of Rs. 664.49 each, with a face value of Rs. 10. The total equity share capital of Sobhagya Mercantile remains Rs. 9,74,85,000. This move signifies a substantial acquisition of shares and potential future equity holding by Zeal Global Opportunities Fund.
Key Highlights
- Zeal Global Opportunities Fund acquired 6,50,500 warrants.
- Acquisition represents 5.89% of diluted share capital.
- Warrants allotted via preferential allotment.
- Acquisition is under SEBI (Takeovers) Regulations, 2011.
- Total equity capital remains unchanged post-allotment.
Price Impact
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