Loanzy Tech Private Limited Acquires 13.98% Equity Stake in Purshottam Investofin Limited
Loanzy Tech Private Limited and its PAC Keshav Aasat have acquired 10,38,023 equity shares (13.98%) in Purshottam Investofin Limited through open market purchases between February and April 2026. The acquisition was disclosed under SEBI regulations, with Loanzy Tech holding 13.94% and Keshav Aasat holding 0.03% of the target company's equity capital.

*this image is generated using AI for illustrative purposes only.
Loanzy Tech Private Limited has disclosed a substantial acquisition of equity shares in Purshottam Investofin Limited , acquiring 13.98% stake through open market purchases. The disclosure was made pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Acquisition Details
The acquisition involves Loanzy Tech Private Limited and its person acting in concert (PAC) Keshav Aasat, who collectively acquired 10,38,023 equity shares of face value INR 10 each. Prior to this acquisition, both entities held zero shares in the target company.
| Acquirer | Shares Acquired | Percentage |
|---|---|---|
| Loanzy Tech Private Limited | 10,35,464 | 13.94% |
| Keshav Aasat (PAC) | 2,596 | 0.03% |
| Total Acquisition | 10,38,060 | 13.97% |
Transaction Timeline
The acquisition took place through multiple transactions between February and April 2026. Loanzy Tech Private Limited made its purchases between March 17 and April 2, 2026, with the largest single purchase of 754,184 equity shares (10.16%) occurring on April 2, 2026.
| Date | Entity | Shares | Percentage |
|---|---|---|---|
| 17.03.2026 | Loanzy Tech | 9,000 | 0.12% |
| 20.03.2026 | Loanzy Tech | 87,827 | 1.18% |
| 23.03.2026 | Loanzy Tech | 137,584 | 1.85% |
| 02.04.2026 | Loanzy Tech | 754,184 | 10.16% |
Keshav Aasat conducted smaller transactions between February 23 and March 11, 2026, with some subsequent sales on March 23 and April 2, 2026, resulting in a net holding of 2,559 shares.
Final Holdings
After the acquisition and subsequent minor sales by Keshav Aasat (37 shares), the final holdings stand at:
| Parameter | Details |
|---|---|
| Total Shares Acquired | 10,38,023 |
| Combined Stake | 13.98% |
| Loanzy Tech Holding | 10,35,464 shares (13.94%) |
| Keshav Aasat Holding | 2,559 shares (0.03%) |
Company Information
Purshottam Investofin Limited has a total equity share capital of INR 7,42,32,950 consisting of 74,23,295 equity shares of INR 10 each. The company's shares are listed on BSE Limited. The acquirer, Loanzy Tech Private Limited, does not belong to the promoter or promoter group of the target company.
The disclosure was signed by Raghav Aasat, Director of Loanzy Tech Private Limited (DIN: 08767790), and submitted to BSE Limited on April 2, 2026.
Historical Stock Returns for Purshottam Investofin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.28% | -0.40% | +19.58% | -1.97% | -19.37% | +393.38% |
Will Loanzy Tech increase its stake beyond 25% to trigger a mandatory open offer under SEBI takeover regulations?
How might this acquisition impact Purshottam Investofin's strategic direction and business operations in the investment finance sector?
What synergies could emerge between Loanzy Tech's fintech capabilities and Purshottam Investofin's investment finance business?


































