Samyak International has completed a preferential allotment of 7,00,000 equity shares to KRJ Infraprojects Pvt Ltd, marking a significant shift in the company’s shareholder structure. The allotment, executed on August 17, 2026, grants the acquirer a 5.83% stake in the Mumbai-based firm’s total paid-up equity share capital.

The transaction was disclosed by Rajkanta Jakheta, Director of KRJ Infraprojects, pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As an external entity not belonging to the promoter group, KRJ Infraprojects had no prior holding in Samyak International before this acquisition.

Transaction Details

The preferential allotment increased Samyak International’s total equity share capital from ₹10,44,72,000 to ₹11,14,72,000. The company’s total number of equity shares rose from 1,04,47,200 to 1,11,47,200 shares, each with a face value of ₹10.

Regulatory Compliance and Status

The disclosure was filed on August 19, 2026, with the BSE Limited Listing Department and the Board of Directors of Samyak International. The filing confirms that the acquisition was made through the preferential allotment of equity shares, with no warrants, convertible securities, or encumbrances involved.

Although the allotment was completed on August 17, 2026, the equity shares have not yet been credited to the respective demat accounts. This delay is due to the pending trading approval and listing approval from the stock exchange. The company has informed the acquirer that these regulatory clearances are currently awaited.

What the Numbers Show

The entry of KRJ Infraprojects as a new substantial shareholder introduces a non-promoter institutional investor into Samyak International’s capital structure. With a 5.83% stake, KRJ Infraprojects becomes a notable minority holder, potentially influencing future corporate governance dynamics without triggering an open offer obligation under the SAST Regulations, which typically activates at higher thresholds.

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.