GX Ventures LLP and its group of Persons Acting in Concert (PACs) have increased their stake in Amarnath Securities Ltd to 7.63% following an open market acquisition of 29,137 equity shares on July 24, 2026. This move pushes their total holding from 6.66% to 7.63% of the company’s total voting capital, marking a significant consolidation of interest by the investor group without crossing the 10% threshold that would trigger a mandatory open offer.

The acquisition was disclosed to the Bombay Stock Exchange Limited on July 27, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Pawan Jain, Designated Partner at GX Ventures LLP, signed the disclosure document, confirming that the acquirer does not belong to the promoter or promoter group of Amarnath Securities Ltd.

Acquisition Details

The investor group, comprising GX Ventures LLP as the primary acquirer, along with GX Capital Pvt Ltd, Novita Brands Pvt Ltd, Pawan Jain, and Monika Jain as PACs, executed the transaction entirely through open market purchases. Prior to this acquisition, the group held 199,893 shares carrying voting rights. The addition of 29,137 shares brought their total holding to 229,030 shares.

The total equity share capital of Amarnath Securities Ltd remains unchanged at ₹3,00,02,000, representing 30,00,200 equity shares. There were no changes in encumbered shares, warrants, or convertible securities during this period.

What the Numbers Show

The acquisition represents a deliberate accumulation of stake by GX Ventures LLP and its PACs, moving closer to the 10% substantial acquisition threshold defined under SEBI regulations. While the current holding of 7.63% does not mandate an open offer, it signals sustained confidence in the company’s prospects by this specific investor bloc. The absence of any promoter involvement suggests this is an independent investment activity rather than a restructuring of promoter holdings.

GX Ventures LLP has increased its stake in Amarnath Securities Ltd to 5.48% following the acquisition of 15000 shares through an open market transaction. The disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing the change in shareholding structure.

The acquirer, acting in concert with GX Capital Pvt Ltd, Novita Brands Pvt Ltd, Pawan Jain, and Monika Jain, previously held 149400 shares, representing 4.98% of the total share capital. The recent purchase of 15000 shares, accounting for 0.50% of the capital, was finalized on June 15, 2026.

Acquisition Details

The transaction involved the purchase of equity shares carrying voting rights. The mode of acquisition was the open market, and the acquirer does not belong to the promoter or promoter group of the target company. The total equity share capital of Amarnath Securities Ltd remains unchanged at INR 3,00,02,000, comprising 30,00,200 equity shares.

Shareholding Pattern

The filing was submitted to the Bombay Stock Exchange Limited by Pawan Jain, Designated Partner of GX Ventures LLP, on June 16, 2026. The shares of Amarnath Securities Ltd are listed on BSE Limited under the symbol AMARSEC.