Artha Shree Private Limited Acquires 2.02% Additional Stake in Purshottam Investofin Limited

1 min read     Updated on 28 Mar 2026, 05:12 AM
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Radhika SScanX News Team
AI Summary

Artha Shree Private Limited acquired 1,50,000 equity shares (2.02%) of Purshottam Investofin Limited through open market purchase on March 27, 2026. The acquisition increased Artha Shree's individual holding from 13.34% to 15.36%, while the combined holding with person acting in concert reached 15.98%. The disclosure was made under SEBI regulations for substantial acquisition of shares.

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Artha Shree Private Limited has announced the acquisition of a substantial stake in Purshottam Investofin Limited , disclosing the purchase of 1,50,000 equity shares representing 2.02% of the company's paid-up equity share capital. The transaction was completed on March 27, 2026, through open market purchase.

Acquisition Details

The acquisition involved 1,50,000 equity shares of face value INR 10 each, purchased by Artha Shree Private Limited through open market transactions. The company made the disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter: Details
Shares Acquired: 1,50,000 equity shares
Face Value: INR 10 per share
Percentage Acquired: 2.02%
Mode of Acquisition: Open Market
Date of Acquisition: March 27, 2026

Shareholding Pattern Changes

The acquisition has resulted in significant changes to the shareholding pattern of Purshottam Investofin Limited. Artha Shree Private Limited's individual holding increased from 9,91,175 shares (13.34%) to 11,41,175 shares (15.36%).

Holding Details: Before Acquisition After Acquisition Change
Artha Shree Private Limited: 9,91,175 shares (13.34%) 11,41,175 shares (15.36%) +1,50,000 shares (+2.02%)
Bharat Soni (PAC): 45,600 shares (0.62%) 45,600 shares (0.62%) No change
Combined Holding: 10,36,775 shares (13.96%) 11,86,775 shares (15.98%) +1,50,000 shares (+2.02%)

Company Information

Purshottam Investofin Limited's equity shares are listed on BSE Limited. The company's total equity share capital remains unchanged at INR 7,42,32,950, consisting of 74,23,295 equity shares of INR 10 each.

Regulatory Compliance

The disclosure was signed by Anchal Soni, Director of Artha Shree Private Limited (DIN: 08751197), and submitted to BSE Limited and the Compliance Officer of Purshottam Investofin Limited. Artha Shree Private Limited, incorporated with CIN U46109DL2025PTC457307, is based in New Delhi and does not belong to the promoter or promoter group of the target company.

Key Highlights

  • No encumbrances, warrants, or convertible securities involved in the transaction
  • No voting rights acquired otherwise than by equity shares
  • Artha Shree Private Limited acts in concert with Bharat Soni
  • The acquisition represents a strategic increase in shareholding through market purchases

Historical Stock Returns for Purshottam Investofin

1 Day5 Days1 Month6 Months1 Year5 Years
+4.00%+0.21%-11.34%-11.93%-18.81%+325.58%

Will Artha Shree Private Limited continue accumulating shares to reach the 25% threshold that would trigger a mandatory open offer?

What strategic synergies might emerge from the concert party arrangement between Artha Shree Private Limited and Bharat Soni?

How could this increased shareholding influence Purshottam Investofin Limited's board composition and strategic direction?

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Purshottam Investofin Limited Allots ₹30 Crore Non-Convertible Debentures on Private Placement Basis

1 min read     Updated on 25 Mar 2026, 12:33 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Purshottam Investofin Limited completed the allotment of 30 unsecured NCDs worth ₹30,00,00,000 on March 24, 2026, through private placement. The debentures offer 13% annual interest with quarterly payments and 18-month tenure. Investors benefit from flexible put options after 6 months, monthly redemption facility, and zero prepayment charges, making it an attractive fixed-income investment opportunity.

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Purshottam investofin Limited has successfully completed the allotment of Non-Convertible Debentures (NCDs) worth ₹30 crore through private placement. The Board of Directors unanimously approved the allotment through a circular resolution passed on March 24, 2026, marking a significant fundraising milestone for the Delhi-based investment company.

Debenture Structure and Terms

The company allotted 30 unsecured, unrated, unlisted, redeemable NCDs with attractive terms for investors. The debentures carry a face value of ₹1,00,00,000 each and were issued at par value.

Parameter: Details
Total NCDs Allotted: 30
Face Value per NCD: ₹1,00,00,000
Total Issue Size: ₹30,00,00,000
Issue Type: Private Placement
Listing Status: Unlisted

Interest Rate and Payment Schedule

The NCDs offer competitive returns with a fixed interest rate structure and flexible redemption options. The company has structured the debentures to provide regular income to investors through quarterly interest payments.

Feature: Specification
Interest Rate: 13% per annum (Fixed)
Interest Payment: Quarterly
Tenure: 18 months
Allotment Date: March 24, 2026
Maturity Date: September 24, 2027

Investor Protection Features

The NCDs include several investor-friendly provisions designed to provide flexibility and security. Notably, investors have the option to exit their investment early without any financial penalties.

Key Investor Rights:

  • Put option exercisable after 6 months from allotment date
  • Monthly redemption facility thereafter with 7 days prior written notice
  • Redemption at par value with accrued interest
  • Zero prepayment charges
  • Additional interest of 2% per annum over coupon rate in case of payment default

Regulatory Compliance

The allotment was conducted in full compliance with SEBI regulations and disclosure requirements. The company filed the necessary intimations with BSE Limited on March 24, 2026, following earlier communications dated March 11, 2026 and March 14, 2026. Since the NCDs are unsecured instruments, no charges or security have been created over the company's assets. The debentures will not be listed on any stock exchange and are structured for private placement investors seeking fixed-income investment opportunities.

Historical Stock Returns for Purshottam Investofin

1 Day5 Days1 Month6 Months1 Year5 Years
+4.00%+0.21%-11.34%-11.93%-18.81%+325.58%

How will Purshottam Investofin utilize the ₹30 crore raised through NCDs to expand its investment portfolio or business operations?

What impact might the high 13% interest rate and flexible redemption terms have on the company's future financing costs and cash flow management?

Could this successful private placement signal potential plans for larger fundraising activities or public offerings in the near future?

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1 Year Returns:-18.81%