Senthil Infotek Limited saw a significant shift in its shareholding pattern as Gogineni Srinivas acquired a 40.78% stake in the company. The acquisition, completed via an off-market transaction on September 30, 2026, marks the entry of a new substantial shareholder into the IT services firm.

The disclosure was filed with BSE Limited under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, Gogineni Srinivas held no shares or voting rights in the company. The acquisition involved 20,59,300 equity shares, representing the entirety of his current holding.

Acquisition details

The transaction was executed through an off-market route. The following table outlines the specific details of the shareholding change as disclosed in the regulatory filing:

Share capital structure

The acquisition did not alter the total equity share capital of the company. Senthil Infotek’s capital structure remained unchanged before and after the transaction, consisting of 50,50,000 equity shares of ₹10 each, aggregating to ₹5,50,50,000. There were no changes to the diluted share capital or voting rights held through other instruments such as warrants or convertible securities.

What the numbers show

The data reveals that Gogineni Srinivas moved from a zero holding position to owning nearly half the company’s equity in a single transaction. With a pre-acquisition holding of nil and a post-acquisition stake of 40.78%, this represents an immediate and substantial consolidation of ownership. The fact that the mode of acquisition was off-market suggests a direct transfer between parties rather than open market purchases, often indicative of a strategic block deal or promoter-level restructuring.

The open offer by Kolli Murali Krishna and Gogineni Srinivas to acquire up to 26% of Senthil Infotek Limited concluded with zero shares tendered by public shareholders. Synfinx Capital Private Limited, the manager to the offer, disclosed the final status in a post-offer advertisement published on July 08, 2026. The acquirers had offered ₹8 per equity share for up to 13,13,000 fully paid-up shares representing 26% of the voting share capital.

The offer opened on June 18, 2026, and closed on July 02, 2026. Despite the offer size of ₹1,05,04,000, no public shareholders tendered their shares. As a result, the acquirers' shareholding remains at 31,76,300 equity shares, or 62.90% of the voting share capital, which was acquired via a share purchase agreement. The public shareholding consequently stands at 18,73,700 equity shares, representing 37.10% of the voting share capital.

The offer was made pursuant to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Venture Capital And Corporate Investments Private Limited acted as the registrar to the offer. The acquirers accepted full responsibility for the information contained in the post-offer advertisement and for the fulfilment of obligations under the SEBI (SAST) Regulations.

Acquisition Details

The following table outlines the proposed versus actual acquisition details based on the voting share capital:

Note: All percentages have been calculated based on the Voting Share Capital. Proposed figures assume full acceptance under the Open Offer.