Aikyata Advisory PAC group stake in Navigant rises to 21.33%

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Aikyata Advisory LLP and its PAC group raised stake in Navigant Corporate Advisors to 21.33%
  • The group acquired 82,500 additional shares via open market on September 11, 2026
  • Pre-acquisition holding was 5,90,000 shares (18.71%), now stands at 6,72,500 shares
  • Disclosure filed under SEBI SAST Regulation 29(2) on September 16, 2026
  • No shares are encumbered; promoter group status remains 'No'
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Aikyata Advisory LLP and its Persons Acting in Concert (PAC) have increased their combined stake in Navigant Corporate Advisors to 21.33% following an open market purchase.

The acquisition involved the purchase of 82,500 equity shares by Aikyata Advisory LLP on September 11, 2026. The designated partner of Aikyata Advisory LLP, Sagar Hiten Mehta, submitted the disclosure to the Bombay Stock Exchange on September 16, 2026. The filing was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

Prior to this transaction, the PAC group held a total of 5,90,000 shares, representing 18.71% of the total diluted share capital. The acquisition was executed entirely through open market transactions. No warrants, convertible securities, or voting rights other than those carried by the shares were involved in the deal.

The PAC group comprises Alacrity Securities Limited, Genz Investment Advisors Private Limited, Kruppa Mehta, Hiten R. Mehta, Aikyata Advisory LLP, and Meeta Hiten Mehta. Before the acquisition, their individual holdings were as follows:

  • Alacrity Securities Limited: 2,00,000 shares
  • Genz Investment Advisors Private Limited: 1,90,000 shares
  • Kruppa Mehta: 70,000 shares
  • Meeta Hiten Mehta: 40,000 shares
  • Aikyata Advisory LLP: 65,000 shares
  • Hiten R. Mehta: 25,000 shares
Metric Value
Shares Acquired 82,500
Stake Percentage Increase 2.62%
Mode of Acquisition Open Market
Date of Acquisition September 11, 2026
Promoter Group Status No

Post-Transaction Holding

Following the acquisition, the PAC group’s total holding stands at 6,72,500 shares, representing 21.33% of the total diluted share capital. Aikyata Advisory LLP’s specific holding increased from 65,000 to 1,47,500 shares. The entity confirmed that none of the acquired shares are encumbered by pledge, lien, or non-disposal undertakings.

Navigant Corporate Advisors Ltd has a total equity share capital of ₹3,15,27,500, comprising 31,52,750 equity shares with a face value of ₹10 each. This capital structure remained unchanged following the acquisition.

Historical Stock Returns for Navigant Corporate Advisors

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Will the PAC group's stake increase trigger an open offer obligation under SEBI Takeover Regulations given they have crossed the 20% threshold?

What is the strategic rationale behind Aikyata Advisory LLP's aggressive accumulation of shares in Navigant Corporate Advisors via open market purchases?

How might this significant institutional accumulation impact the liquidity and price volatility of Navigant Corporate Advisors' stock in the near term?

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Navigant Corporate Advisors promoter sells 2.54% stake in open market

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Promoter group sold 80,000 shares worth 2.54% stake
  • Holding reduced from 27.92% to 25.38%
  • Sale executed via open market on September 11, 2026
  • No encumbrances or convertible securities involved
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Navigant Corporate Advisors promoter group sold 80,000 equity shares carrying voting rights in the open market on September 11, 2026. The transaction represents a 2.54% reduction in their total holding.

The sale brings the promoter group’s stake down from 27.92% to 25.38% of the company’s total voting capital. The disclosure was filed with the Bombay Stock Exchange on September 15, 2026.

Transaction Details

The disposal was executed by Sarthak Vijlani, Priyanka Vijlani, and Navigant IR Services Private Limited, who are designated as persons acting in concert. The shares were sold through open market transactions rather than off-market transfers or preferential allotments.

Metric Before Sale Sale Details After Sale
Shares Held 8,80,250 (80,000) 8,00,250
Stake Percentage 27.92% (2.54%) 25.38%
Encumbered Shares - - -

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that no warrants, convertible securities, or other instruments entitling the acquirer to receive shares were involved in the transaction.

The company’s total equity share capital remains unchanged at 31,52,750 equity shares with a face value of ₹10 each. There were no encumbrances or pledges on the shares held by the promoter group before or after the sale.

Historical Stock Returns for Navigant Corporate Advisors

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What strategic rationale drove the promoter group to reduce their stake below the 25% threshold, and does this signal a shift in long-term commitment?

How might this 2.54% reduction in promoter holding impact Navigant Corporate Advisors' stock price volatility and investor sentiment in the short term?

Are there indications that the proceeds from this open market sale will be reinvested into the company's operations or used for other corporate purposes?

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