Valecha Engineering Limited has submitted formal disclosures to stock exchanges regarding substantial share acquisitions by JK Solutions Private Limited and Aether Perspectives LLP under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisitions were executed pursuant to a resolution plan approved by the National Company Law Tribunal, Mumbai bench, vide its order dated 25th June 2024, with share allotments completed on 27.12.2024. The company secretary Vijaykumar Himatlal Modi submitted the compliance report to BSE Limited (scrip code 532389) and National Stock Exchange of India Limited (trading symbol VALECHAENG) on 29.04.2026.

Acquisition Details

JK Solutions Private Limited was allotted 1,14,90,313 equity shares of Rs.10/- each, representing 51% of the target company's total share capital and voting rights. Aether Perspectives LLP, formerly known as One Media Facility Management, was allotted 99,13,211 equity shares of Rs.10/- each, representing 44% of the share capital and voting rights. Both allotments exceeded the 5% threshold requiring mandatory disclosure under SEBI regulations.

Regulatory Compliance and Exemption

Both acquisitions are exempt under Regulation 10(1)(da) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The mode of acquisition was specified as allotment under the resolution plan approved by NCLT dated 25th June 2024. The securities acquired are equity shares of the target company with no conversion features or redemption timelines. The disclosures were submitted in response to a query from BSE dated 25.04.2026 regarding the filing of applications to SEBI under Regulation 11 of SAST Regulations.

Company Capital Structure

The equity share capital of Valecha Engineering Limited stands at 2,25,30,025 equity shares of Rs.10/- each. The total diluted share/voting capital also stands at 2,25,30,025 equity shares of Rs.10/- each. Both acquirers have been classified as belonging to the promoter/promoter group as per the resolution plan. The disclosures were signed by Bhushan Ravindra Sable, Partner of Aether Perspectives LLP and Director of JK Solutions Private Limited, with DIN 03268957.

Valecha Engineering Limited has officially incorporated UV Bharat Private Limited as its subsidiary company on 01.04.2026, registered with the Registrar of Companies under CIN U43299MH2026PTC470039. The company disclosed this development through a regulatory filing dated 23.04.2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. This strategic expansion marks Valecha Engineering's entry into focused infrastructure development through a controlled subsidiary entity.

Subsidiary Company Details

UV Bharat Private Limited has been established with a capital structure designed to support infrastructure development initiatives. The company's financial framework reflects Valecha Engineering's commitment to expanding its market presence in the infrastructure sector.

Investment and Shareholding Structure

Valecha Engineering Limited has acquired a controlling stake in the newly formed subsidiary through a strategic equity investment. The parent company's subscription demonstrates its confidence in the infrastructure sector's growth potential.

Business Focus and Operations

UV Bharat Private Limited will operate exclusively in the infrastructure projects sector within India, aligning with Valecha Engineering's core competencies. The subsidiary's business scope encompasses several key areas including infrastructure projects development, builders and developers services, and Engineering, Procurement and Construction (EPC) activities. The company will provide localized infrastructure solutions supporting the parent company's expansion strategy across the Indian market.

Regulatory Compliance

The incorporation has been completed in full compliance with regulatory requirements. Valecha Engineering has fulfilled all disclosure obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, ensuring transparency for stakeholders. The company confirmed that the initial subscription does not fall within the purview of Related Party Transactions, and no additional governmental or regulatory approvals are required for this incorporation. The Certificate of Incorporation was digitally signed on 20.04.2026.