Areeza India Strategy Partners Acquires 14.44% Stake in Vertex Securities Through Rights Issue

Vertex Securities has received a substantial acquisition disclosure from Areeza India Strategy Partners LLP, which acquired a significant stake in the company through its recent rights issue. The acquisition represents one of the notable investments by specific investors in the securities firm's capital raising exercise.

Acquisition Details

Areeza India Strategy Partners LLP acquired 5,34,31,493 partly paid equity shares of Vertex Securities Limited through subscription to the rights issue. The transaction was completed on March 30, 2026, with the formal disclosure submitted on April 02, 2026.

Parameter:	Details
Shares Acquired:	5,34,31,493
Voting Power:	14.44%
Post-Issue Share Capital:	36.10% (partly paid basis)
Acquisition Mode:	Rights Issue Subscription
Acquisition Date:	March 30, 2026

Shareholding Pattern Changes

The acquisition significantly altered Areeza India Strategy Partners' holding in Vertex Securities. Prior to this transaction, the acquirer held minimal shareholding of 100 shares, while persons acting in concert held 200 shares, collectively representing negligible voting power.

Holding Period:	Shares	Voting Power (%)
Before Acquisition:	300	0.00%
After Acquisition:	5,34,32,793	14.44%

Regulatory Compliance

The disclosure was made under Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Areeza India Strategy Partners LLP, led by Designated Partner Rahul Menon, submitted the required documentation to BSE Limited and Vertex Securities Limited.

The persons acting in concert with the acquirer include:

Sidharth Ajwani
Rahul Menon
Lata Menon

Share Capital Structure

Following the rights issue and subsequent acquisition, Vertex Securities' share capital structure has been restructured. The company's equity share capital increased from Rs. 14,80,24,378 to Rs. 18,50,30,473.

Capital Structure:	Amount (Rs.)	Share Details
Pre-Acquisition:	14,80,24,378	7,40,12,189 fully paid shares of Re. 2/- each
Post-Acquisition:	18,50,30,473	7,40,12,189 fully paid + 7,40,12,189 partly paid shares
Total Diluted Capital:	29,60,48,756	14,80,24,378 fully paid shares (assuming full conversion)

The acquisition establishes Areeza India Strategy Partners as a significant stakeholder in Vertex Securities Limited, which is listed on BSE Limited under scrip code 531950. The investment reflects confidence in the securities firm's business prospects and growth potential.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.89%	-5.11%	-10.34%	-10.34%	-10.34%	-10.34%

Vertex Securities Limited has confirmed that specific investor Areeza India Strategy Partners LLP has successfully subscribed to shares renounced by promoters on the opening day of its ongoing rights issue. The company notified BSE Limited on March 20, 2026, confirming the subscription details as disclosed in the Letter of Offer dated March 06, 2026.

Rights Issue Overview

The company is conducting a rights issue of up to 7,40,12,189 partly paid-up equity shares of face value ₹2 each, aggregating up to ₹1,480.24 lakhs. The issue follows a 1:1 ratio, offering one rights equity share for every one fully paid-up equity share held by eligible shareholders.

Issue Parameter:	Details
Issue Size:	Up to 7,40,12,189 shares
Face Value:	₹2 per share
Issue Amount:	Up to ₹1,480.24 lakhs
Rights Ratio:	1:1
Record Date:	March 12, 2026
Issue Opening:	March 20, 2026
Issue Closing:	March 27, 2026
Last Date for On-Market Renunciation:	March 23, 2026

Specific Investor Subscription Details

As per the company's intimation to BSE, promoters Transwarranty Finance Limited and Kumar Nair have renounced their rights entitlements in favor of Areeza India Strategy Partners LLP. The specific investor subscribed to these shares before 11 a.m. on the issue opening date, March 20, 2026, in compliance with regulatory requirements.

Promoter/Renouncer:	Shares Renounced	Specific Investor
Transwarranty Finance Limited:	3,92,53,950	Areeza India Strategy Partners LLP
Kumar Nair:	1,41,77,543	Areeza India Strategy Partners LLP
Total:	5,34,31,493	Areeza India Strategy Partners LLP

Payment Structure and Process

The rights equity shares are being issued as partly paid-up shares with a structured payment schedule. Investors need to pay ₹0.50 per share on application, representing 25% of the issue price, while the remaining ₹1.50 will be collected through future calls as determined by the board.

Payment Schedule:	Face Value (₹)	Premium (₹)	Total (₹)
On Application:	0.50	0.00	0.50
Future Calls:	1.50	0.00	1.50
Total:	2.00	0.00	2.00

All applications must be submitted through the ASBA (Applications Supported by Blocked Amount) process only. The company has appointed MUFG Intime India Private Ltd. as the registrar to the issue, with ICICI Bank Limited serving as the banker to the issue.

Trading and Company Background

Rights entitlements are tradable on BSE under a temporary ISIN, subject to regulatory approvals. Shareholders can renounce their rights through on-market trading from March 20-23, 2026, or through off-market transfers during the issue period. The existing equity shares are listed on BSE under scrip code 531950.

Vertex Securities Limited was originally incorporated as Vertex Securities Private Limited in 1993 and converted to a public limited company in 1995. The company operates from its registered office in Kochi, Kerala, and corporate office in Mumbai, with Venkitesh Iyer serving as Company Secretary and Compliance Officer.