Evexia Lifecare promoter group buys 1.38 crore shares in open market

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Shree Saibaba Exim acquired 1,38,17,760 shares of Evexia Lifecare
  • Promoter group stake rose from 3.428% to 4.164%
  • Transaction value was ₹1,38,17,760 excluding taxes
  • No shares are encumbered post-acquisition
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Evexia Lifecare promoter group entity Shree Saibaba Exim Private Limited purchased 1,38,17,760 equity shares in the open market between September 7 and September 8, 2026. The acquisition increased the entity’s stake from 3.428% to 4.164%.

The company disclosed the transaction on September 10, 2026, under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Shree Saibaba Exim also filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Shree Saibaba Exim acquired the shares through open market purchases on the BSE. The total value of the transaction was ₹1,38,17,760, excluding taxes and brokerage charges. No derivatives were traded in connection with this acquisition.

Metric Details
Acquirer Shree Saibaba Exim Private Limited
Category Promoter Group
Shares Acquired 1,38,17,760 (0.736%)
Transaction Value ₹1,38,17,760
Mode Open Market
Exchange BSE

Holding Structure

Prior to the acquisition, Shree Saibaba Exim held 6,44,61,748 shares, representing 3.428% of the total voting capital. Post-acquisition, the holding stands at 7,82,79,508 shares, or 4.164%. None of the shares held by the entity are encumbered.

What the Numbers Show

The acquisition adds 0.736 percentage points to the promoter group’s stake in a single open-market block trade. With no encumbrances reported on the newly acquired or existing shares, the move reflects a direct increase in unpledged promoter group ownership.

The total equity share capital of Evexia Lifecare remains at 187,73,28,995 shares with a face value of ₹1 each. The diluted share capital is identical to the voting capital, indicating no outstanding convertible securities or warrants affecting the stake calculation.

Historical Stock Returns for Evexia Lifecar

1 Day5 Days1 Month6 Months1 Year5 Years
+4.43%+28.91%+7.84%+12.24%-28.26%0.0%

Will Shree Saibaba Exim trigger an open offer obligation under SEBI Takeover Regulations if the promoter group's aggregate stake crosses the 5% threshold?

How might this increase in unpledged promoter holding impact Evexia Lifecare's credit rating or ability to secure future debt financing?

Does this open market acquisition signal confidence in upcoming quarterly earnings or specific pipeline developments for Evexia Lifecare?

Evexia Lifecare approves conversion of 50 FCCBs into equity shares

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Evexia Lifecare Ltd board approved conversion of 50 FCCBs to equity shares
  • Meeting held on September 11, 2026, in Vadodara
  • Original FCCB issue was approved by shareholders in July 2022
  • Disclosure made under SEBI LODR Regulation 30
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Evexia Lifecare Limited approved the conversion of 50 foreign currency convertible bonds (FCCBs) into equity shares during its board meeting on September 11, 2026. The decision aligns with the terms set in the original issue approved by shareholders in July 2022.

The Board of Directors held the meeting at its corporate office in Vadodara, Gujarat. The session commenced at 10:00 am and concluded at 11:00 am on Friday.

Key Details

  • The conversion involves 50 bonds being converted into equity shares.
  • This action follows shareholder approval for the FCCB issue granted at the Annual General Meeting on July 9, 2022.
  • The company disclosed the outcome pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

What the Numbers Show

The conversion of a specific tranche of debt instruments indicates ongoing execution of the capital structure plan approved four years ago. With only 50 bonds converted, the remaining outstanding FCCBs and their eventual conversion schedule will determine future equity dilution and liability reduction for the firm.

Historical Stock Returns for Evexia Lifecar

1 Day5 Days1 Month6 Months1 Year5 Years
+4.43%+28.91%+7.84%+12.24%-28.26%0.0%

How will the conversion of these 50 FCCBs impact Evexia Lifecare's current debt-to-equity ratio and overall leverage metrics?

What is the remaining schedule for the conversion of outstanding FCCBs, and how might this affect future equity dilution for existing shareholders?

Does the current market price of Evexia Lifecare's shares make the conversion attractive for bondholders, or are there incentives driving this specific tranche?

More News on Evexia Lifecar

1 Year Returns:-28.26%