Mamta Securities acquires 9.77% stake in New Markets Avenue via preferential allotment
Mamta Securities acquired 10,00,000 shares in New Markets Avenue. The stake represents 9.77% of the total voting capital. Acquisition occurred via preferential allotment on August 13, 2026. Acquirer held 0% stake prior to this transaction.
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Mamta Securities Private Limited has acquired a 9.77% stake in New Markets Avenue through a preferential allotment. The transaction involved the purchase of 10,00,000 equity shares on August 13, 2026.
The acquisition was disclosed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mamta Securities, which did not belong to the promoter group, held no prior interest in the company before this deal.
Transaction Details
| Metric | Value |
|---|---|
| Acquirer | Mamta Securities Private Limited |
| Shares Acquired | 10,00,000 |
| Stake Acquired | 9.77% |
| Mode of Acquisition | Preferential Allotment |
| Date of Acquisition | August 13, 2026 |
New Markets Avenue Limited, formerly known as New Markets Advisory Limited, is listed on the Bombay Stock Exchange. The total equity share capital of the target company remained at 1,02,40,000 equity shares of ₹10 each both before and after the acquisition.
What the Numbers Show
Mamta Securities entered the shareholder base with a significant single-tranche entry. By acquiring nearly 10% of the voting capital in one go, the entity moved from zero holding to becoming a substantial shareholder immediately. This structure suggests a strategic investment rather than gradual accumulation.
The disclosure was signed by Sameer Prakash Sawant, Director of Mamta Securities Private Limited, on August 22, 2026, in Mumbai.
Historical Stock Returns for New Markets Avenue
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.99% | +10.36% | +52.46% | +367.90% | +588.38% | +588.38% |
What strategic rationale or synergies drove Mamta Securities to acquire a nearly 10% stake in New Markets Avenue via preferential allotment rather than open market purchases?
How might this significant equity infusion impact New Markets Avenue's future capital allocation plans, such as expansion, debt reduction, or M&A activities?
Will Mamta Securities seek board representation or influence corporate governance decisions given its status as a substantial shareholder?
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