Kingsman Wealth Management Private Limited has increased its shareholding in Gujjubhai Industries Limited by acquiring 180 equity shares through the open market on June 25, 2026. Following this transaction, the acquirer, which is a member of the promoter group, now holds 13.6745% of the total voting capital in the company. The disclosure was submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the acquisition, Kingsman Wealth Management held 28,60,644 shares, representing a 13.6737% stake. The purchase of 180 additional shares, amounting to 0.0008% of the total paid-up capital, has raised the total holding to 28,60,824 shares. The equity share capital of Gujjubhai Industries remains at ₹20,92,08,360, comprising 2,09,20,836 equity shares of ₹10 each.

The transaction details confirm that there were no changes in the encumbrance status or voting rights held through instruments other than shares. The total diluted share capital of the target company remains unchanged at ₹20,92,08,360. Vishal Vipinbhai Bhatt, Director of Kingsman Wealth Management, signed the disclosure.

Shareholding Details

The following table outlines the changes in Kingsman Wealth Management's shareholding in Gujjubhai Industries:

Transaction Information

• Acquirer: Kingsman Wealth Management Private Limited
• Target Company: Gujjubhai Industries Limited
• Mode of Acquisition: Open Market
• Date of Acquisition: June 25, 2026
• Classification: Member of the Promoter Group

Gujjubhai Industries Limited has secured board approval to avail financial facilities from Axis Bank Limited, aggregating up to INR 24,17,00,000. The credit line, sanctioned by the NWBC Bangalore branch, will provide the company with significant capital liquidity for its operations. This strategic financial move was finalized during the company's board meeting convened on June 24, 2026.

The Board of Directors formally authorized the resolution to avail these funds, adhering to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting, which commenced at 7:30 P.M. and concluded at 11:30 P.M., focused on evaluating and approving this crucial financial arrangement.

Key Details of the Facility

The approval outlines the specific parameters of the financial arrangement the company has entered into with the banking giant.

The decision to avail these facilities underscores the management's focus on strengthening the company's financial base. Paresh Thakker, Managing Director, presided over the proceedings, ensuring all regulatory protocols were followed during the deliberations.