NewsMeta Infotech Promoter Venu Gopal Peruri Increases Stake to 69.78% Through Open Market AcquisitionMeta Infotech Promoter Venu Gopal Peruri Increases Stake to 69.78% Through Open Market Acquisition
Venu Gopal Peruri, promoter and Managing Director of Meta Infotech Limited, acquired 69,600 additional equity shares through open market transactions on March 30, 2026. The acquisition increased his shareholding from 69.41% to 69.78%, representing a 0.37% increase in his stake. The transaction was conducted on BSE Limited for shares with a face value of INR 10 each, with proper regulatory disclosure made under SEBI regulations. The company's total equity capital remains at INR 18,88,14,000 comprising 1,88,81,400 equity shares.
*this image is generated using AI for illustrative purposes only.
Meta Infotech Limited has disclosed that its promoter and Managing Director, Venu Gopal Peruri, has acquired additional equity shares in the company through open market transactions. The acquisition was completed on March 30, 2026, and disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Share Acquisition Details
The transaction involved the acquisition of 69,600 equity shares with a face value of INR 10 each through open market purchases on BSE Limited. This acquisition represents a 0.37% increase in Peruri's shareholding in the company.
| Parameter: | Details |
|---|---|
| Shares Acquired: | 69,600 equity shares |
| Face Value: | INR 10 per share |
| Acquisition Method: | Open market on BSE Limited |
| Transaction Date: | March 30, 2026 |
| Percentage Increase: | 0.37% |
Shareholding Pattern Changes
Following the acquisition, Peruri's total shareholding in Meta Infotech has increased from 69.41% to 69.78%. The detailed shareholding pattern shows a significant increase in his voting rights within the company.
| Shareholding Status: | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Number of Shares: | 1,31,05,121 | 1,31,74,721 | +69,600 |
| Voting Rights %: | 69.41% | 69.78% | +0.37% |
| Diluted Capital %: | 69.41% | 69.78% | +0.37% |
Company Capital Structure
Meta Infotech Limited's equity share capital remained unchanged following this transaction. The company maintains its total equity base with no dilution of existing shareholding structure.
| Capital Details: | Amount/Quantity |
|---|---|
| Total Equity Capital: | INR 18,88,14,000 |
| Total Equity Shares: | 1,88,81,400 |
| Face Value per Share: | INR 10 |
| Listing Exchange: | BSE Limited |
Regulatory Compliance
The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares. Company Secretary and Compliance Officer Komal Toshniwal submitted the required documentation to BSE Limited, ensuring full regulatory compliance. The transaction was digitally signed and authenticated by both the promoter and the company's compliance officer on March 30, 2026.
This acquisition further consolidates Peruri's control over Meta Infotech Limited, strengthening his position as the majority shareholder and key decision-maker in the company's strategic direction.
Historical Stock Returns for Meta Infotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +10.00% | +0.43% | -20.94% | -57.40% | -72.48% | -72.48% |
What strategic initiatives might Meta Infotech pursue now that the promoter has further consolidated his controlling stake to nearly 70%?
Could this increased shareholding concentration signal preparation for a potential delisting or privatization of Meta Infotech?
How might minority shareholders react to the promoter's growing dominance, and will this impact the company's ability to raise capital from public markets?
17
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
