Dhyaani Tradeventtures Ltd saw a significant shift in its shareholding pattern as Oswal Energies Limited increased its equity stake. The acquirer purchased 7,98,000 shares, representing 4.69% of the target company's total share capital, through open market transactions.

This acquisition, disclosed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was filed on September 22, 2026. The transactions occurred on September 18 and September 21, 2026. Oswal Energies Limited, formerly known as Oswal Infrastructure Limited, is based in Ahmedabad, Gujarat.

Shareholding Details

Prior to this transaction, Oswal Energies held 8,00,800 shares, constituting 4.70% of the voting capital. The recent purchase nearly doubled this position. Post-acquisition, the total holding stands at 15,98,800 shares, amounting to 9.39% of the diluted share/voting capital.

The target company's total equity share capital remained unchanged at 1,70,24,000 shares before and after the transaction. There were no encumbrances, warrants, or convertible securities involved in this specific disclosure.

What the Numbers Show

The acquisition marks a critical threshold for Oswal Energies. By moving from a 4.70% holding to 9.39%, the entity has crossed the 5% substantial acquisition threshold defined by SEBI regulations. This transition mandates stricter ongoing disclosure requirements for any future acquisitions or disposals in the target company. The mode of acquisition was strictly through the open market, indicating an accumulation strategy rather than a strategic block deal or preferential allotment.

Dhyaani Tradeventtures scheduled its 12th Annual General Meeting for Monday, September 28, 2026. The Board of Directors also approved the reappointment of Mr. Chintan Nayan Bhai Rajyaguru as Managing Director for a five-year term.

The meeting concluded at 6:30 pm on September 5, 2026, after transacting several key agenda items. The Board took note of the Secretarial Audit Report for FY26 and approved the Director's Report along with annexures for the fiscal year ended March 31, 2026.

Annual General Meeting Details

The 12th AGM is scheduled to be held at 10:30 am at the company's registered office in Ahmedabad. The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026, inclusive.

The Board appointed M/s. Mukesh J. & Associates, Company Secretary, Ahmedabad, as the scrutinizer for the e-voting process. The draft notice for the AGM was approved for circulation to members.

Management Appointments

Based on the recommendation of the Nomination & Remuneration Committee, the Board approved the reappointment of Mr. Chintan Nayan Bhai Rajyaguru (DIN: 08091654) as Managing Director for a period of five years, from September 5, 2026, to September 4, 2031. This appointment is subject to shareholder approval at the ensuing AGM.

The Board also considered and approved an increase in the overall managerial remuneration of the directors. Additionally, it approved an increase in the limit of managerial remuneration payable to Mr. Rajyaguru in excess of 5% of the net profits of the company, pending shareholder approval.

Auditor and Related Party Transactions

The Audit Committee recommended the appointment of M/s. Shalini Pandey & Associates, Practicing Company Secretaries, Mumbai, as the Secretarial Auditor for the financial year 2026-27. The Board approved this appointment to comply with Section 204 of the Companies Act, 2013, and Regulation 24A of the SEBI (LODR) Regulations, 2015.

The Board also considered and approved related party transactions for the financial year 2026-27.