Ramesh Sawalram Saraogi has disclosed a significant stake sale in Pro Fin Capital Services Ltd, selling 1,75,00,000 shares representing 2.95% of the company's total shareholding on April 16, 2026. The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share sale was executed through open market transactions, with Saraogi reducing his stake from 3,70,00,000 shares to 1,95,00,000 shares. This represents a decrease in his shareholding percentage from 6.24% to 3.29% of the company's total equity.

Shareholding Pattern Changes

The transaction resulted in a significant change in Saraogi's shareholding pattern in Pro Fin Capital Services Ltd. His holdings, combined with his Person Acting in Concert (PAC) M/s Navratri Share Trading Private Limited, have been reduced substantially.

Company Information

Pro Fin Capital Services Ltd is listed on BSE Limited with scrip code 511557. The company's equity share capital remains unchanged at 59,25,94,326 equity shares of Rs. 1/- each, totaling Rs. 59,25,94,326. Saraogi, along with his PAC, does not belong to the promoter or promoter group of the company.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition and disposal of shares. Saraogi, a Mumbai-based investor, submitted the required documentation to both BSE Limited and the company, ensuring transparency in the transaction. The disclosure includes detailed annexures providing comprehensive information about the sale transaction, pre-sale and post-sale shareholding patterns.

Blue Angel Stock Brokers Private Limited has disclosed a substantial acquisition in Pro Fin Capital Services Ltd, acquiring a total of 58,400,000 equity shares representing 9.85% of the company's total voting capital through multiple transactions in March 2026.

Acquisition Timeline and Details

The disclosure, filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals that Blue Angel Stock Brokers Private Limited made the acquisitions through open market transactions. The company initially acquired 52,175,000 shares on March 27, 2026, followed by an additional purchase of 6,225,000 shares on March 30, 2026.

Updated Shareholding Pattern

The progressive acquisition represents Blue Angel's strategic entry into Pro Fin Capital Services as a significant shareholder. The company's total holding now stands at 58,400,000 shares, representing 9.85% of both the total share capital and diluted share capital.

Target Company Information

Pro Fin Capital Services Ltd is listed on BSE Limited with scrip code 511557. The company's total equity share capital stands at Rs 59,25,94,326, comprising 59,25,94,326 equity shares with a face value of Rs 1.00 each. The share capital structure remained unchanged following both acquisitions.

Regulatory Compliance

Blue Angel Stock Brokers Private Limited, based at 'Punarnava' Ground Floor, Room-006, 13 B.B. Ganguly Street, Kolkata, West Bengal, filed the mandatory disclosure with both BSE Limited and Pro Fin Capital Services Ltd on March 30, 2026. The disclosure was digitally signed by Mr. Rohit Raghunath Parab on behalf of the acquirer and persons acting in concert.

The company confirmed it does not belong to the promoter or promoter group of the target company. The acquisitions did not involve any encumbrances, voting rights other than shares, or convertible securities. All acquired shares are regular equity shares carrying standard voting rights in Pro Fin Capital Services Ltd.