Nagarjuna agri tech Limited has disclosed the acquisition of equity shares by its promoters through preferential allotment, as per SEBI (Prohibition of Insider Trading) Regulations, 2015. The company informed BSE Limited about the share acquisition completed on March 20, 2026.

Share Acquisition Details

The preferential allotment involved two promoters acquiring a total of 50,90,775 equity shares at an issue price of Rs. 68 per share. The shares carry a face value of Rs. 10 each and were allotted under SEBI (SAST) Regulations, 2011.

Promoter Holdings Post-Acquisition

Following the preferential allotment, the promoters' shareholding positions have been updated. Rachna Suman Shaw, who serves as both promoter and director, increased her total holding to 1,07,56,375 shares, representing 35.09% of the company. Prior to this acquisition, she held 59,13,100 shares constituting 63.11% stake.

Transaction Value and Structure

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company submitted the required Form C along with detailed information about the promoters' shareholding changes to BSE Limited. The allotment was completed on March 20, 2026, and the regulatory disclosure was filed on March 24, 2026.

Company Information

Nagarjuna Agri-Tech Limited operates under CIN L10790TG1987PLC007981 with its registered office in Hyderabad, Telangana, and corporate office in Kolkata, West Bengal. The disclosure was signed by Director Sumit Sengupta (DIN: 09184493) on behalf of the company.

Nagarjuna Agri Tech Limited has received substantial equity investment from four private limited companies that jointly acquired 60,00,000 equity shares representing 19.57% of the company's total paid-up capital through preferential allotment. The acquisition was completed on March 20, 2026, and disclosed to BSE Limited under regulatory requirements on March 23, 2026.

Joint Acquisition Details

The substantial acquisition disclosure reveals that four entities - Loka Properties Private Limited, Basudev Builders Private Limited, Aakanshi Agency Private Limited, and Somani Estates Private Limited - acted together to acquire shares through preferential issue. These entities are not part of the promoter group of Nagarjuna Agri Tech Limited.

Impact on Equity Structure

The preferential allotment significantly expanded the company's equity base and altered its shareholding structure. Prior to this acquisition, all four entities held no shares in Nagarjuna Agri Tech Limited.

Regulatory Compliance and Documentation

The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal disclosure was submitted to BSE Limited, where Nagarjuna Agri Tech's shares are listed. Each entity was represented by authorized signatories including Mr. Anil Kumar Apat (DIN: 00047739) for Loka Properties, Aakanshi Agency, and Somani Estates, while Mr. Bappa Das (DIN: 08093423) signed for Basudev Builders.

Corporate Leadership

The acquisition involved multiple directors across the four entities. Mr. Anil Kumar Apat serves as Director for three of the acquiring companies, while Mr. Bappa Das holds the Director position at Basudev Builders Private Limited. All entities confirmed their non-promoter status in relation to the target company.

The preferential allotment represents a significant capital infusion for Nagarjuna Agri Tech Limited, with the equity base expanding substantially from INR 9,36,91,000 to INR 30,65,51,200. The company's diluted share capital after the acquisition matches the total voting capital, indicating no outstanding convertible instruments. This joint acquisition by four entities demonstrates coordinated investment interest in the agricultural technology sector.