Vaswani Industries Promoter Group Raises Stake to 63.86% Through Preferential Allotment
“The allotment increased the company’s paid-up equity share capital to 3,45,91,153 shares, with several promoter group members receiving additional shares.”
Promoter Group Increases Shareholding
The preferential allotment strengthened the promoter group’s holding in Vaswani Industries. The shares were issued at a face value of Rs.10 each, with allotments made to members of the promoter group.
Following the transaction, Tanya Vaswani also became a shareholder in the company, with her individual stake increasing from 0.00% to 0.22%.
Key Allotment and Shareholding Details
- Total shares allotted: 16,45,000 equity shares.
- Allotment date: October 23, 2026.
- Face value: Rs.10 per share.
- Promoter and promoter group holding: Increased from 62.06% to 63.86%.
- Paid-up equity share capital: Increased to 3,45,91,153 shares.
- Ravi Vaswani: Acquired 3,94,460 shares, taking his holding to 26.80%.
- Yashwant Ravi Vaswani: Acquired 3,94,450 shares, increasing his stake to 10.71%.
- Kushal Vaswani: Acquired 3,94,450 shares, raising his holding to 6.23%.
- Tanya Vaswani: Acquired 76,975 shares, increasing her stake from 0.00% to 0.22%.
What to Watch Next
Investors will monitor further disclosures on promoter shareholding and any additional capital-raising or preferential allotment activity by Vaswani Industries.
Disclaimer
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