Liqvd Digital India Limited disclosed that Rajasthan Global Securities Private Limited (RGSPL) acquired a 9.23% equity stake in the company through an IPO allotment on September 29, 2026.

The acquisition involved the allotment of 20,54,000 equity shares to RGSPL, which was not previously holding any shares or voting rights in the target company. This transaction marks the initial entry of the acquirer into the shareholding pattern of Liqvd Digital.

Acquisition details

The disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer, Rajasthan Global Securities Private Limited, does not belong to the promoter or promoter group of Liqvd Digital India Limited. The shares are listed on the BSE SME platform.

Shareholding structure

Prior to this transaction, RGSPL held no shares carrying voting rights, encumbered shares, or convertible securities in Liqvd Digital. Following the allotment, the acquirer’s total holding stands at 20,54,000 shares, representing 9.23% of the total voting capital and diluted share capital.

The total equity share capital of Liqvd Digital India Limited remains unchanged at 2,22,63,177 equity shares of ₹5 each, both before and after the acquisition. The diluted share capital also remains at 2,22,63,177 equity shares, indicating no outstanding convertible securities or warrants that would alter the total potential share count upon conversion.

Liqvd Digital India Limited has appointed Sonal Dilip Biyani as its Company Secretary and Compliance Officer, effective July 16, 2025. This appointment marks a key governance update for the company, ensuring adherence to regulatory standards for listed entities.

Regulatory compliance and role definition

The appointment was made in accordance with Regulation 6(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Biyani holds an ICSI Membership No. ACS A71406. The company confirmed that the Compliance Officer is a whole-time employee, designated as Key Managerial Personnel, and positioned not more than one level below the Board of Directors.

Governance structure

The intimation was filed with BSE Limited on October 1, 2026. Arnab Mitra, Managing Director of Liqvd Digital India Limited, signed the document digitally. The company, formerly known as Liqvd digital India Private Limited, continues to operate from its registered office in Mumbai, Maharashtra.