KETI-KJ Constructions (India) Limited has acquired a significant stake in Samyak International through a preferential allotment of equity shares. The acquirer received 13,50,000 equity shares on August 17, 2026, representing 11.25% of the target company's total paid-up share capital. This marks KETI-KJ's initial entry into the shareholder base of Samyak International, as it held no prior stake in the entity.

The acquisition was executed pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. KETI-KJ Constructions is not part of the promoter or promoter group of Samyak International. The transaction increases Samyak International's total equity share capital from ₹9,09,72,000 to ₹10,44,72,000, with the number of equity shares rising from 90,97,200 to 1,04,47,200.

Transaction Details

The preferential allotment involves equity shares with a face value of ₹10 each. While the allotment date was August 17, 2026, the shares have not yet been credited to the respective demat accounts. This delay is due to the pending receipt of trading and listing approvals from the Bombay Stock Exchange (BSE).

What the Numbers Show

The acquisition represents a clean entry for KETI-KJ Constructions, which moved from a zero holding to an 11.25% stake in a single transaction. With no prior voting rights or convertible instruments held by the acquirer, the entire post-acquisition position of 13,50,000 shares stems directly from this preferential allotment. The absence of encumbrances such as pledges or liens on these newly acquired shares indicates that the stake is fully available for future voting rights exercise or potential transfer, subject to standard regulatory lock-in periods if applicable.

Virendra Capital Markets Pvt. Ltd. has acquired a 9.17% stake in Samyak International through a preferential allotment of 11,00,000 equity shares. The transaction was completed on August 17, 2026, marking a significant consolidation of ownership within the promoter group.

The acquisition increases Samyak International’s total paid-up equity share capital from ₹7,99,72,000 to ₹9,09,72,000. Prior to this allotment, Virendra Capital held no shares in the company. Post-acquisition, it holds 11,00,000 shares carrying voting rights, representing 9.17% of both the total and diluted share capital.

Transaction Details

The deal was structured as a preferential allotment rather than an open market purchase. Key parameters of the acquisition are outlined below:

Virendra Capital is identified as part of the promoter/promoter group of Samyak International. The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Status

As of August 19, 2026, the allotted shares have not yet been credited to the respective demat accounts. Samyak International has informed the acquirer that trading approval and listing approval from the Bombay Stock Exchange (BSE) are currently awaited. The filing was signed by Samyak Jain, Director of Virendra Capital Markets Pvt. Ltd.