Thrive Future Habitats Limited has announced another substantial acquisition of shares through preferential allotment. The disclosure was made on April 02, 2026, revealing Mr. Vijay Kumar Thadani's acquisition of a significant stake in the company.

Acquisition Details

Mr. Vijay Kumar Thadani acquired 8,39,328 equity shares of Thrive Future Habitats Limited through preferential allotment on March 31, 2026. This acquisition represents his entry as a substantial shareholder in the company.

Shareholding Analysis

The acquisition establishes Mr. Thadani's position in the company. Prior to this transaction, he held no shares in Thrive Future Habitats Limited.

Company Capital Structure

Following the acquisition, Thrive Future Habitats Limited's capital structure reflects the impact of the preferential allotment. The company's equity share capital after the acquisition stands at Rs. 11,31,95,810, divided into 1,13,19,581 equity shares of Rs. 10.00 each.

The total diluted share capital, assuming full conversion of outstanding convertible securities, amounts to Rs. 20,63,19,450, comprising 2,06,31,945 equity shares of Rs. 10.00 each.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mr. Thadani, who does not belong to the promoter or promoter group, filed the necessary documentation with BSE Limited, where the company's shares are listed.

The acquisition through preferential allotment represents a strategic investment in Thrive Future Habitats Limited, formerly known as Ador Multiproducts Limited, establishing Mr. Thadani as a notable shareholder in the company.

Thrive Future Habitats Limited has completed a significant preferential allotment of equity shares, marking a major capital-raising milestone for the company. The Board of Directors approved the allotment of 17,58,592 equity shares on March 31, 2026, through a resolution passed by circulation with requisite majority.

Allotment Details

The preferential allotment was executed at an issue price of Rs. 125.10 per equity share, with each share having a face value of Rs. 10. The shares were allotted to persons and entities belonging to the "Public" category on a cash basis.

Regulatory Approvals and Timeline

The allotment process followed a structured approval timeline with multiple regulatory clearances. The initiative began with a Board Meeting on January 22, 2026, followed by shareholder approval at an Extraordinary General Meeting on February 17, 2026.

BSE Limited granted in-principle approval through their letter bearing number LOD/PREF/SS/FIP/1903/2025-26 dated March 17, 2026, for the issuance of equity shares on a preferential basis.

Impact on Share Capital

The preferential allotment has resulted in a substantial increase in the company's paid-up equity capital structure. The capital expansion reflects the company's growth strategy and capital requirements.

Next Steps

The company has indicated that it will make an application to stock exchanges for listing and trading approval of the newly allotted shares in due course. This step will enable the trading of the additional shares on the exchange platform.

Compliance and Disclosure

The allotment was conducted in accordance with the applicable provisions of the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by informing BSE Limited about the allotment details.