R Vijayalakshmi Acquires 14,00,000 Shares in Raj Television Network Through Inter-se Transfer

1 min read     Updated on 27 Mar 2026, 03:45 PM
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AI Summary

R Vijayalakshmi, a promoter of Raj Television Network Limited, acquired 14,00,000 equity shares representing 2.6968% stake through an off-market inter-se transfer on March 25, 2026. The transaction was disclosed under SEBI SAST Regulation 29(2), showing her holdings changed from 30,00,400 shares (5.78%) before acquisition to 16,00,400 shares (3.083%) after the transaction, with the company's total equity capital remaining unchanged at Rs. 25,95,66,720 comprising 5,19,13,344 shares of Rs. 5 each.

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R Vijayalakshmi, a promoter of Raj Television Network Limited , has acquired 14,00,000 equity shares representing 2.6968% stake through an inter-se transfer within the promoter group. The transaction was executed on March 25, 2026, as an off-market deal among the promoter group.

Regulatory Disclosure Details

The acquisition was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. R Vijayalakshmi submitted formal disclosures to both BSE Limited and National Stock Exchange of India Limited:

Parameter: Details
Regulation: SEBI SAST Regulation 29(2)
Transaction Type: Inter-se transfer among promoter group
Transaction Date: March 25, 2026
Transaction Mode: Off-market inter-se transfer
Listing Exchanges: BSE Limited & National Stock Exchange of India Limited

Share Transfer Specifics

The transaction involved acquisition of shares through inter-se transfer, executed as an off-market transaction:

Parameter: Details
Acquirer: R Vijayalakshmi
Shares Acquired: 14,00,000
Percentage Acquired: 2.6968%
Transaction Mode: Off-market inter-se transfer
Promoter Status: Yes

Shareholding Changes

The inter-se transfer resulted in significant changes to R Vijayalakshmi's individual promoter holdings:

Holding Period: Number of Shares Percentage Change
Before Acquisition: 30,00,400 shares 5.78% -
Shares Acquired: 14,00,000 shares 2.6968% +14,00,000 shares
After Acquisition: 16,00,400 shares 3.083% Net change reflects acquisition

Company Capital Structure

Raj Television Network Limited maintains its equity capital structure unchanged following the transaction:

Metric: Amount
Total Equity Capital: Rs. 25,95,66,720
Number of Shares: 5,19,13,344
Face Value per Share: Rs. 5
Listing Exchanges: BSE Limited & National Stock Exchange of India Limited

Regulatory Compliance

The transaction represents an internal restructuring among promoters through inter-se transfer. R Vijayalakshmi ensured full regulatory compliance by making the required disclosure under Regulation 29(2) of SEBI SAST Regulations, 2011. The disclosure was filed on March 25, 2026, confirming the acquisition details and updated shareholding pattern within the promoter group structure.

Historical Stock Returns for Raj TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
-2.23%-7.30%-7.16%-11.21%-56.34%+16.92%

What strategic objectives might drive this internal shareholding restructuring within Raj Television Network's promoter group?

Could this inter-se transfer signal preparation for a larger corporate restructuring or potential stake sale to external investors?

How might this change in individual promoter holdings affect the company's board composition or management decisions going forward?

M Ravindran to Acquire 14,00,000 Equity Shares in Raj Television Network Through Inter-se Transfer

1 min read     Updated on 18 Mar 2026, 02:55 PM
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Reviewed by
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AI Summary

M Ravindran will acquire 14,00,000 equity shares (2.6968%) in Raj Television Network Limited from R Vijayalakshmi through inter-se transfer. This internal promoter group transaction will increase M Ravindran's stake from 11.288396% to 13.985198% while reducing R Vijayalakshmi's holding from 5.78% to 3.083%. The transaction is exempt from open offer requirements under SEBI SAST Regulations as it involves transfer between promoter group members.

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M Ravindran has filed a disclosure with stock exchanges regarding his proposed acquisition of 14,00,000 equity shares in Raj Television Network Limited through an inter-se transfer from R Vijayalakshmi. The transaction represents 2.6968% of the company's total share capital and is scheduled to take place any time after 4 working days from March 18, 2026.

Transaction Details

The share transfer involves promoter group members, with M Ravindran being a promoter of the company and R Vijayalakshmi being his wife, who forms part of the promoter group. This internal restructuring falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations, 2011.

Parameter Details
Shares to be Acquired 14,00,000
Percentage of Share Capital 2.6968%
Transferor R Vijayalakshmi
Transferee M Ravindran
Transaction Type Inter-se Transfer

Shareholding Pattern Changes

The proposed transaction will result in changes to individual shareholdings within the promoter group while maintaining the overall promoter group stake.

Shareholder Before Transaction After Transaction
Shares Percentage Shares Percentage
M Ravindran 5,860,184 11.288396% 7,260,184 13.985198%
R Vijayalakshmi 30,00,400 5.78% 16,00,400 3.083%

Regulatory Compliance

The transaction complies with SEBI regulations as it qualifies for exemption under Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations, 2011. M Ravindran has declared that:

  • The acquisition price will not exceed 25% above the volume weighted average market price for 60 trading days
  • Both transferor and transferee will comply with applicable disclosure requirements under Chapter V of the Takeover Regulations, 2011
  • All conditions specified under regulation 10(1)(a) regarding exemptions have been duly complied with

The disclosure has been submitted to both BSE Limited and National Stock Exchange of India Limited, with copies provided to the company's compliance officer Priyanka Mudaliyar. Since this is an inter-se transfer within the promoter group, no open offer is required under SEBI regulations.

Historical Stock Returns for Raj TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
-2.23%-7.30%-7.16%-11.21%-56.34%+16.92%

What strategic initiatives might M Ravindran pursue with his increased 13.98% stake in Raj Television Network Limited?

Could this shareholding consolidation signal preparation for potential expansion or acquisition opportunities in the media sector?

How might this internal restructuring affect Raj Television Network's corporate governance and decision-making processes?

More News on Raj TV Network

1 Year Returns:-56.34%