Ray Remedies Files SEBI Disclosure After Acquiring Additional Achyut Healthcare Shares
Ray Remedies Private Limited filed regulatory disclosure under SEBI Regulation 29(2) after acquiring 2,00,000 additional shares in Achyut Healthcare Limited through preferential allotment, increasing its shareholding from 77,17,500 shares (3.20%) to 79,17,500 shares (3.28%). The disclosure was submitted to BSE Limited and Achyut Healthcare's Board following the company's successful completion of preferential allotment of 58,00,000 equity shares worth ₹3,48,00,000.

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Achyut Healthcare Limited announced the successful completion of a preferential allotment of 58,00,000 equity shares worth ₹3,48,00,000, following Board approval on March 23, 2026. The Board meeting, held from 5:00 P.M. to 5:45 P.M. (IST), approved the allotment under SEBI regulations to promoter and non-promoter groups.
Board Meeting Outcomes and Regulatory Compliance
The Board of Directors approved the allotment of 58,00,000 equity shares of face value ₹1 each at a premium of ₹5 per share, setting the issue price at ₹6 per equity share. The company received the full consideration amount of ₹3,48,00,000 for this preferential issue conducted under SEBI (Issue of Capital & Disclosures Requirement) Regulation, 2018.
The allotment complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated November 11, 2024. The newly allotted equity shares will rank pari passu with existing equity shares in all respects, including dividend payments and voting rights.
Capital Structure Enhancement
Following the preferential allotment, the company's capital structure has been significantly enhanced:
| Capital Type: | Before Allotment | After Allotment |
|---|---|---|
| Number of Shares: | 23,55,57,000 | 24,13,57,000 |
| Value (Face value ₹1 each): | ₹23,55,57,000 | ₹24,13,57,000 |
Detailed Allottee Information
The preferential allotment was distributed among promoters, promoter group entities, and non-promoter investors with specific shareholding patterns:
| Allottee Name: | Category | Pre-Issue Shares | Shares Allotted | Post-Allotment Holding | Post-Allotment % |
|---|---|---|---|---|---|
| Akshit Mahendra Raycha: | Promoter | 2,07,90,000 | 8,00,000 | 2,15,90,000 | 8.95% |
| Mahendra C. Raycha HUF: | Promoter Group | 1,83,82,770 | 8,00,000 | 1,91,82,770 | 7.95% |
| Ray Remedies Private Limited: | Promoter Group | 77,17,500 | 2,00,000 | 79,17,500 | 3.28% |
| Zenith Lifecare Private Limited: | Promoter Group | - | 2,00,000 | 2,00,000 | 0.08% |
| Dhavalkumar Harshkantbhai Ruparelia: | Non Promoter | - | 10,00,000 | 10,00,000 | 0.41% |
| Mayankbhai Harshkantbhai Ruparelia: | Non Promoter | - | 10,00,000 | 10,00,000 | 0.41% |
| Strikar Lifescience LLP: | Non Promoter | - | 18,00,000 | 18,00,000 | 0.75% |
Ray Remedies Private Limited Regulatory Disclosure
Ray Remedies Private Limited filed a regulatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on March 24, 2026. The disclosure was submitted to BSE Limited and the Board of Directors of Achyut Healthcare Limited following the receipt of allotment through preferential basis.
The disclosure details show Ray Remedies Private Limited's shareholding increased from 77,17,500 shares (3.20%) to 79,17,500 shares (3.28%) after acquiring 2,00,000 additional shares through the preferential allotment:
| Transaction Details: | Shares | Percentage |
|---|---|---|
| Pre-Acquisition Holding: | 77,17,500 | 3.20% |
| Shares Acquired: | 2,00,000 | 0.08% |
| Post-Acquisition Holding: | 79,17,500 | 3.28% |
The disclosure was signed by Mahendra C. Raycha, Director of Ray Remedies Private Limited (DIN: 00577647), confirming the acquisition through preferential allotment basis. The acquired equity shares carry face value of ₹1 each and rank pari-passu with existing equity shares.
Issue Structure and Compliance
The preferential issue was executed in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, read with the Companies Act, 2013 and rules made thereunder. All procedural requirements for the private placement basis allotment have been fulfilled, with comprehensive disclosure details provided as required under the regulatory framework.
The allotted equity shares carry face value of ₹1 each and rank pari-passu with existing equity shares. The company's Managing Director, Jigen Jagdishbhai Modi (DIN: 03355555), signed the regulatory filings confirming the completion of this capital-raising exercise, which strengthens the company's financial position through the infusion of ₹3.48 crores.
Historical Stock Returns for Achyut Healthcare
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.53% | +5.61% | +7.01% | -6.61% | +79.37% | +459.41% |
How will Achyut Healthcare utilize the ₹3.48 crores raised through this preferential allotment for business expansion or debt reduction?
What impact will the increased promoter shareholding have on the company's strategic direction and governance decisions?
Could this capital infusion signal upcoming acquisitions or new product launches in Achyut Healthcare's pipeline?
































