Shareholding10 Sept 2026, 03:59 pm
Vardhman Polytex: Oswal Holding Discloses Shareholding Change Post Warrant Conversion
AI Summary
Oswal Holding Pvt Ltd and Persons Acting in Concert (PACs) have disclosed a change in their shareholding in Vardhman Polytex Limited following the conversion of 1,06,25,000 warrants into equity shares. This conversion, which occurred on September 9, 2026, represents 2.15% of the total share capital. Post-conversion, the group's total shareholding stands at 38.85%. A significant portion of warrants (1,47,75,000) remain un-converted out of the total 7,24,50,000 warrants issued on a preferential basis. The disclosure is made as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Oswal Holding and PACs converted warrants to equity shares.
- 1.06 crore shares were allotted, increasing group's stake.
- Total shareholding now stands at 38.85% post-conversion.
- Over 1.47 crore warrants are still pending conversion.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
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