Available Finance Limited has received a disclosure under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations from promoter group member Tapan Agarwal regarding a significant share acquisition. The transaction, completed on March 24, 2026, involved the purchase of 7,35,281 equity shares worth ₹9,58,37,995.24.

Transaction Details

The acquisition was executed through an inter-se transfer amongst promoter and promoter group from Archana Coal Private Limited. The shares were acquired at ₹130.41 per share, representing the actual market price at the time of transaction. The company filed the requisite regulatory disclosures with BSE Limited on March 27, 2026.

Shareholding Pattern Changes

The acquisition resulted in a substantial increase in Tapan Agarwal's stake in the company. His shareholding percentage rose from 7.611% to 14.817%, while Archana Coal Private Limited's holding decreased from 57.224% to 49.224%.

Regulatory Compliance

The transaction was conducted pursuant to exemption under Regulation 10(1)(a)(iv) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. Tapan Agarwal filed the requisite disclosure under Regulation 10(6) with BSE Limited on March 27, 2026, following the prior disclosure made on March 17, 2026, under Regulation 10(5). The transaction qualifies for exemption from the open offer requirement as it represents an inter-se transfer amongst promoters and promoter group members.

Company Information

Available Finance Limited's equity share capital remains unchanged at 1,02,03,700 equity shares of ₹10 each, aggregating ₹10,20,37,000. The company's shares are listed on BSE Limited with scrip code 531310.

About the Acquirer

Tapan Agarwal serves as President Corporate and COO of S.A & Iron Ore Division at Agarwal Coal Corporation Pvt Ltd, and is also CEO of Emerald Developers, Agarwal Real City Pvt Ltd, and Agarwal Real Infra LLP. He is an established member of the promoter group with significant business interests across multiple sectors. His registered office is located at Agarwal House, 5 Yeshwant Colony Indore 452003 MP.

Archana Coal Private Limited has officially disclosed the disposal of a substantial stake in Available Finance Limited through regulatory filings under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents a significant restructuring within the promoter group entities.

Transaction Details and Financial Impact

The disposal involved substantial financial consideration and resulted in meaningful changes to the shareholding structure of Available Finance Limited:

Shareholding Pattern Changes

The transaction has resulted in a significant reduction in Archana Coal Private Limited's holding in Available Finance Limited, impacting the overall promoter group structure:

Corporate Structure and Regulatory Compliance

The disposal was executed through inter-se transfer amongst promoter and promoter group entities and open market transactions through bulk deals. Available Finance Limited maintains its total equity share capital of 1,02,03,700 equity shares of ₹10 each, aggregating ₹10,20,37,000.

Director Neha Agrawal (DIN: 08861363) signed the regulatory disclosure on behalf of Archana Coal Private Limited, ensuring compliance with Regulation 29(2) of SEBI SAST Regulations. The company has fulfilled all mandatory disclosure requirements and submitted necessary documentation to BSE Limited and Available Finance Limited on March 26, 2026.

Market and Operational Context

The transaction maintains Available Finance Limited's listing status on BSE Limited under scrip code 531310. The disposal represents a strategic realignment within the promoter group structure while ensuring continued regulatory compliance and transparent disclosure to all stakeholders.