Evexia Lifecare promoter group buys 2.93 crore shares in open market

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Shree Saibaba Exim Private Limited bought 2,93,56,550 equity shares of Evexia Lifecare
  • The open market purchase was executed on BSE Limited on September 16, 2026
  • Promoter group stake rises from 4.164% to 5.727% post-acquisition
  • Total holding stands at 10,76,36,058 shares with no encumbrances
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Shree Saibaba Exim Private Limited, a member of the promoter group of Evexia Lifecare , purchased 2,93,56,550 equity shares in the open market on September 16, 2026. The transaction was executed on the BSE Limited exchange.

The acquisition increases Shree Saibaba Exim’s total holding in Evexia Lifecare to 10,76,36,058 shares, representing 5.727% of the company’s total share capital. Prior to this purchase, the entity held 7,82,79,508 shares, or 4.164%.

Transaction Details

The purchase was disclosed under Regulation 7(2)(a) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Additionally, the acquisition triggered a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Metric Value
Acquirer Shree Saibaba Exim Private Limited
Category Promoter Group
Shares Purchased 2,93,56,550
Stake Increase 1.563%
Post-Acquisition Stake 5.727% (10,76,36,058 shares)
Mode of Acquisition Open Market
Exchange BSE Limited
Date of Acquisition September 16, 2026

Regulatory Disclosures

Evexia Lifecare received the intimation from Shree Saibaba Exim on September 17, 2026. The disclosure confirms that there were no encumbrances, pledges, or convertible securities involved in the transaction. The total equity share capital of Evexia Lifecare remains at 18,77,32,89,995 shares of face value ₹1 each.

No derivatives trading in the securities of the company was reported by the promoter group entity during this period.

Historical Stock Returns for Evexia Lifecar

1 Day5 Days1 Month6 Months1 Year5 Years
+1.17%+14.57%+20.14%+47.86%-22.07%-78.32%

What strategic rationale is driving Shree Saibaba Exim to increase its stake in Evexia Lifecare, and does this signal upcoming corporate actions or operational shifts?

How might this significant open-market acquisition impact the liquidity and trading volume of Evexia Lifecare shares on the BSE in the near term?

Given the promoter group's increased confidence, are there indications of further consolidation plans or potential delisting efforts under SEBI takeover regulations?

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
+1.17%+14.57%+20.14%+47.86%-22.07%-78.32%

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?

More News on Evexia Lifecar

1 Year Returns:-22.07%