StockWatch
·
IT Enabled Services
Shareholding19 May 2026, 01:18 pm

Zaggle: RAN Ventures Acquires 1 Lakh Shares via Open Market

AI Summary

RAN Ventures Pvt Ltd, a promoter group entity of Zaggle Prepaid Ocean Services Ltd, acquired 1,00,000 equity shares of Zaggle through open market purchase on May 18, 2026. This acquisition increased RAN Ventures' holding to 5,94,66,789 shares, representing 44.23% of the total share capital. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • RAN Ventures acquired 1,00,000 shares of Zaggle via open market.
  • The acquisition increased RAN Ventures' stake to 44.23%.
  • The purchase was executed on May 18, 2026.
  • RAN Ventures is part of the Promoter Group of Zaggle.
  • Disclosure made under SEBI Takeover Regulations.