Rajasthan Global Securities Pvt. Ltd. has made a substantial acquisition in TIPCO Engineering India Limited, acquiring a significant stake through the company's Initial Public Offering (IPO). The acquisition has triggered mandatory disclosure requirements under SEBI's substantial acquisition regulations.

Acquisition Details

Rajasthan Global Securities Pvt. Ltd., acting as the primary acquirer along with Persons Acting in Concert (PAC) including LRSD Securities Pvt. Ltd and Lalit Dua, has acquired shares in TIPCO Engineering India Limited. The acquirer does not belong to the promoter or promoter group of the target company.

Share Acquisition Breakdown

The acquisition represents a substantial stake in TIPCO Engineering India Limited. Prior to this transaction, Rajasthan Global Securities held no shares in the target company.

Company Capital Structure

TIPCO Engineering India Limited's equity structure remains unchanged following the acquisition, with the total share capital maintained at the same level before and after the transaction.

Regulatory Compliance

The disclosure has been made in accordance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition includes shares allotted as an Anchor Investor in the IPO process. The transaction represents a significant investment by Rajasthan Global Securities in the engineering sector company listed on the BSE-SME platform.

The formal disclosure was signed by an authorized signatory and director of Rajasthan Global Securities Pvt. Ltd. from New Delhi on 02.04.2026, fulfilling the mandatory reporting requirements under securities regulations.

Tipco Engineering India Ltd has designated two Key Managerial Personnel (KMP) to handle material disclosure decisions under SEBI regulations. The Board of Directors has formally authorized these personnel to determine the materiality of events and information for regulatory compliance purposes.

Authorized Key Managerial Personnel

The company has appointed the following personnel for material disclosure responsibilities:

Both authorized personnel will use the common investor relations email address for official communications regarding material disclosures.

Regulatory Framework

This authorization falls under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulation requires listed companies to designate specific personnel who can determine the materiality of events or information and make necessary disclosures to stock exchanges.

The disclosure was submitted to BSE Limited on April 01, 2026, where Tipco Engineering India is listed under the symbol TIPCO with scrip code 544740. The company's ISIN is INE1U6D01014.

Company Background

Tipco Engineering India Ltd, formerly known as Tipco Engineering India Private Limited, operates as a manufacturer of specialized industrial equipment. The company produces reaction vessels, grinding mills, dispensers, and machinery for paints, inks, and chemicals. The company is headquartered at Plot No. 1658, Phase 1, Sector 38, Sonipat Industrial Estate, Haryana.

Compliance Significance

This formal authorization ensures proper governance structure for material information disclosure, enabling designated personnel to make timely and appropriate disclosures to regulatory authorities and investors. The measure strengthens the company's compliance framework under SEBI listing regulations.