Suprajit Engineering Promoter K. Ajith Kumar Rai Acquires Additional 10,000 Shares

1 min read     Updated on 16 Mar 2026, 03:11 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

K. Ajith Kumar Rai, Chairman and Promoter of Suprajit Engineering Limited, acquired 10,000 additional equity shares worth ₹40,49,600 through open market purchase on March 13, 2026. This transaction increased his shareholding from 38,15,380 shares (2.78%) to 38,25,380 shares (2.79%). The company filed mandatory regulatory disclosures under SEBI insider trading and takeover regulations with BSE and NSE on March 16, 2026.

powered bylight_fuzz_icon
35199697

*this image is generated using AI for illustrative purposes only.

Suprajit Engineering Limited has disclosed that its Chairman and Promoter, K. Ajith Kumar Rai, acquired additional shares in the company through open market purchase. The transaction was completed on March 13, 2026, with the company filing the mandatory regulatory disclosures on March 16, 2026.

Transaction Details

The share acquisition involved a purchase of 10,000 equity shares at a total value of ₹40,49,600. This transaction represents a marginal increase in the promoter's stake in the company.

Parameter Details
Shares Acquired 10,000
Transaction Value ₹40,49,600
Mode of Acquisition Open Market
Transaction Date March 13, 2026
Intimation Date March 16, 2026

Shareholding Pattern Changes

Following this acquisition, K. Ajith Kumar Rai's shareholding in Suprajit Engineering has increased marginally. The change reflects the promoter's continued confidence in the company's prospects.

Shareholding Details Before Acquisition After Acquisition
Number of Shares 38,15,380 38,25,380
Percentage Holding 2.78% 2.79%
Share Capital Base 13,71,71,147 13,71,71,147

Regulatory Compliance

The company has filed the necessary disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations 2015 and Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations 2015. The disclosures were submitted to both BSE Limited and National Stock Exchange of India Limited.

Persons Acting in Concert

The disclosure identifies several Persons Acting in Concert (PAC) with the acquirer, including:

  • Supriyajith Family Trust
  • Supriya Ajith Rai
  • Akhilesh Rai
  • Ashutosh Rai
  • Aashish Rai
  • Ashishesh Trusteeship Services Private Limited

The transaction involved only equity shares with a face value of Re.1/- each, with no involvement of derivatives, warrants, or convertible securities. The acquisition demonstrates the promoter's continued investment in the company's equity.

Historical Stock Returns for Suprajit Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-2.73%0.0%-5.98%-11.52%+8.04%+41.63%

Suprajit Engineering: Promoter Group Increases Stake Through Market Purchase

1 min read     Updated on 24 Feb 2026, 03:28 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Supriyajith Family Trust, part of Suprajit Engineering's promoter group, acquired 34,000 shares worth ₹1,42,11,771 through open market purchases between February 18-24, 2026. This increased the trust's holding from 38.58% to 38.60%, with the company filing mandatory SEBI disclosures for the transaction.

powered bylight_fuzz_icon
33472691

*this image is generated using AI for illustrative purposes only.

Suprajit Engineering has disclosed that its promoter group entity, Supriyajith Family Trust, acquired additional equity shares through open market transactions, marginally increasing the promoter group's stake in the company. The transaction was completed between February 18-24, 2026, with the company filing mandatory regulatory disclosures.

Share Acquisition Details

The Supriyajith Family Trust, managed by K. Ajith Kumar Rai as Managing Trustee, purchased 34,000 equity shares of face value Re. 1 each through open market transactions. The acquisition was valued at ₹1,42,11,771, representing a marginal 0.02% increase in shareholding.

Parameter: Before Acquisition After Acquisition Change
Number of Shares: 5,29,18,209 5,29,52,209 +34,000
Shareholding %: 38.58% 38.60% +0.02%
Transaction Value: - ₹1,42,11,771 -

Regulatory Compliance

Suprajit Engineering filed disclosures under two key SEBI regulations following the share acquisition. The company submitted Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations 2015, along with disclosures under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2015.

Promoter Group Structure

The disclosure identifies the complete promoter group structure associated with the acquisition:

Primary Acquirer:

  • Supriyajith Family Trust

Persons Acting in Concert:

  • K. Ajith Kumar Rai (Chairman and Managing Trustee)
  • Supriya Ajith Rai
  • Akhilesh Rai
  • Ashutosh Rai
  • Aashish Rai
  • Ashishesh Trusteeship Services Private Limited

Transaction Timeline

Event: Date
Share Purchase Period: February 18-24, 2026
Company Intimation: February 24, 2026
Regulatory Filing: February 24, 2026

The company's total equity share capital remained unchanged at 13,71,71,147 shares following this transaction. The shares are listed on both BSE Limited and National Stock Exchange of India Limited. The acquisition represents a routine promoter group investment, maintaining their significant stake in the engineering company while complying with all applicable regulatory disclosure requirements.

Historical Stock Returns for Suprajit Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-2.73%0.0%-5.98%-11.52%+8.04%+41.63%

More News on Suprajit Engineering

1 Year Returns:+8.04%