Rajasthan Global Securities sells 5.91% stake in Liqvd Digital
- Rajasthan Global Securities sold 13,16,000 shares of Liqvd Digital India
- Stake reduced from 9.23% to 3.31% following open market sale
- Transaction executed on October 16, 2026, dropping holding below 5%
- Seller exited majority of IPO-acquired position within 17 days

*this image is generated using AI for illustrative purposes only.
Liqvd Digital India Limited saw a significant reduction in institutional holding after Rajasthan Global Securities Private Limited disposed of 5.91% of its equity shares on October 16, 2026. The sale, executed through open market transactions, reduced the seller's stake from 9.23% to 3.31%, bringing it below the mandatory disclosure threshold of 5%.
The transaction involved the sale of 13,16,000 equity shares. Prior to this disposal, Rajasthan Global Securities held 20,54,000 shares, representing 9.23% of the company's total share capital. Following the sale, the remaining holding stands at 7,38,000 shares, equivalent to 3.31% of the total diluted share capital.
Disclosure Details and Regulatory Context
This action was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The seller does not belong to the promoter or promoter group category. The shares are listed on the BSE SME platform.
The previous disclosure under Regulation 29(1) was made on October 1, 2026, following the acquisition of 20,54,000 shares (9.23%) via IPO allotment on September 29, 2026. The current disposal marks a rapid exit from a substantial portion of that initial position within approximately two weeks.
Shareholding Structure Before and After Sale
| Metric | Before Disposal | Disposal Amount | After Disposal |
|---|---|---|---|
| Number of Shares | 20,54,000 | 13,16,000 | 7,38,000 |
| % of Total Share Capital | 9.23% | 5.91% | 3.31% |
| % of Diluted Share Capital | 9.23% | 5.91% | 3.31% |
The total equity share capital of Liqvd Digital remains unchanged at 2,22,63,177 equity shares of ₹5 each, both before and after the transaction. There were no encumbrances, warrants, or convertible securities involved in this specific disposal.
What the Numbers Show
The data reveals a swift reversal of position by Rajasthan Global Securities. The entity acquired its entire initial stake of 9.23% through IPO allotment on September 29, 2026. Just 17 days later, on October 16, 2026, it sold more than 64% of those acquired shares (13.16 lakh out of 20.54 lakh) in the open market. This pattern suggests a short-term trading strategy rather than a long-term investment hold, as the seller moved from a substantial non-promoter holding to a minority stake below regulatory reporting limits in under three weeks.
Historical Stock Returns for Liqvd Digital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.25% | -32.89% | -50.89% | -50.89% | -50.89% | -50.89% |
How might the rapid exit by Rajasthan Global Securities impact investor sentiment and trading volumes for Liqvd Digital on the BSE SME platform?
Will the reduced institutional holding below the 5% threshold affect Liqvd Digital's ability to attract long-term anchor investors in future capital raises?
Could this swift disposal pattern trigger increased regulatory scrutiny from SEBI regarding IPO allotment practices for SME-listed entities?



























