Adroit Infotech Promoter Increases Stake with ₹11.97 Lakh Share Purchase

1 min read     Updated on 31 Mar 2026, 05:03 AM
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Adroit Infotech Limited disclosed that Managing Director and Promoter Sudhakiran Reddy Sunkerneni purchased 1,34,812 equity shares worth ₹11,97,131 through open market transactions between March 1-27, 2026. The acquisition increased his shareholding from 15.21% to 15.46%, representing continued promoter confidence in the company. The disclosure was filed under SEBI insider trading regulations with both BSE and NSE on March 30, 2026.

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Adroit Infotech Limited has filed a disclosure under SEBI's Prohibition of Insider Trading Regulations regarding recent equity share transactions by its promoter group. The company submitted the mandatory Form C disclosure to both BSE and NSE on March 30, 2026.

Promoter Share Acquisition Details

Managing Director and Promoter Sudhakiran Reddy Sunkerneni executed a significant share purchase transaction during March 2026. The acquisition demonstrates the promoter's continued investment in the company's equity.

Transaction Details: Information
Shares Purchased: 1,34,812 equity shares
Transaction Value: ₹11,97,131
Purchase Period: March 1-27, 2026
Transaction Type: Open Market Purchase
Exchanges: NSE/BSE

Shareholding Pattern Changes

The transaction resulted in a marginal increase in the promoter's stake in the company. Sunkerneni's shareholding pattern before and after the acquisition shows steady accumulation of equity shares.

Shareholding Metrics: Before Transaction After Transaction
Number of Shares: 82,39,472 83,74,284
Percentage Holding: 15.21% 15.46%
Increase in Shares: - 1,34,812
Percentage Increase: - 0.25%

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Company Secretary and Compliance Officer Piyush Prajapati submitted the required documentation to both stock exchanges, ensuring full regulatory compliance.

The transaction was reported to the company on March 30, 2026, following the completion of the purchase period. The disclosure includes comprehensive details of the promoter's trading activity and updated shareholding position as mandated by SEBI regulations.

Market Transaction Execution

The equity shares were acquired through regular market transactions on NSE and BSE platforms. The open market purchase approach indicates standard trading procedures without any preferential allotment or private placement arrangements. The transaction value excludes taxes, brokerage, and other associated charges as per standard disclosure norms.

Historical Stock Returns for Adroit Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.96%-6.80%-19.39%-21.69%-28.81%+28.79%

What strategic initiatives or growth plans might be driving the promoter's continued investment in Adroit Infotech shares?

Could this promoter buying signal potential upcoming corporate actions like bonus issues or stock splits at Adroit Infotech?

How might this promoter stake increase impact Adroit Infotech's stock price performance and investor sentiment in the coming quarters?

Adroit Infotech Opens Final Payment Window for Outstanding Call Monies Worth INR 3.03 Crore

2 min read     Updated on 28 Mar 2026, 08:52 AM
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Adroit Infotech Limited's Rights Issue Committee has approved providing shareholders a final opportunity to pay outstanding call monies totaling INR 3.03 crore on 30.91 lakh shares from the February 2024 rights issue. The payment window opens from April 10-30, 2026, with shareholders required to pay 9% annual interest on delayed payments, and non-compliance will result in share forfeiture.

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Adroit Infotech Limited's Rights Issue Committee has approved providing a final opportunity for shareholders to clear outstanding call monies from the company's February 2024 rights issue. The committee meeting, held on March 27, 2026, addressed significant unpaid amounts on partly paid-up equity shares and established a structured payment framework for affected shareholders.

Outstanding Call Monies Details

The committee noted that certain shareholders have failed to pay the First Call and/or Final Call monies following the rights issue conducted in February 2024. The total outstanding amount has reached substantial levels, affecting a significant number of shares.

Payment Status: Number of Shares Amount (INR) Premium (INR)
Paid Only Application Money 18,99,942 1,42,49,565 71,24,783
Paid Up to First Call 11,91,280 59,56,400 29,78,200
Total Outstanding 30,91,222 2,02,05,965 1,01,02,983

The aggregate amount outstanding stands at INR 3,03,08,948, representing a combination of unpaid call amounts and associated premiums across the affected shares.

Payment Window and Terms

The committee has established a structured payment mechanism to provide shareholders with a final opportunity to regularize their holdings. The payment window will operate for a limited period with specific terms and conditions.

Parameter: Details
Opening Date: April 10, 2026
Closing Date: April 30, 2026
Payment Mode: Cheque/Demand Draft
Interest Rate: 9% per annum

Shareholders will be required to pay interest on delayed payments at 9% per annum, calculated from the original due dates until the actual payment date. This interest component reflects the cost of delayed compliance with the call payment obligations.

Consequences and Authorization

The committee has clearly outlined the consequences for non-compliance within the specified timeframe. Shareholders who fail to pay the outstanding call monies within the payment window will face forfeiture of their partly paid-up equity shares. This action will be undertaken in accordance with the Companies Act, 2013, the company's Articles of Association, and the terms specified in the Letter of Offer.

The committee has authorized Mr. B. Ravichandra Rao to finalize and issue the call notice, determine operational matters, and execute all necessary actions to implement this decision. The meeting commenced at 2:30 PM and concluded at 3:20 PM on March 27, 2026.

Regulatory Compliance

This development has been communicated to both BSE Limited and The National Stock Exchange Limited under Regulation 30 of SEBI (LODR) Regulations, 2015. The company continues to maintain transparency in its corporate actions and ensures proper disclosure of material events that may impact shareholder interests.

Historical Stock Returns for Adroit Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
-0.96%-6.80%-19.39%-21.69%-28.81%+28.79%

How will the potential forfeiture of over 30 lakh shares impact Adroit Infotech's shareholding pattern and market capitalization?

What strategic initiatives might the company pursue with the INR 3+ crore in outstanding funds if successfully collected?

Could this payment default situation signal broader financial stress among Adroit Infotech's investor base or retail shareholders?

More News on Adroit Infotech

1 Year Returns:-28.81%