Vasundhara Chem Plast acquires 0.55% stake in Vama Wovenfab

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Key Highlights
  • Vasundhara Chem Plast Industries acquired 287,570 equity shares of Vama Wovenfab Ltd
  • The acquisition represents 0.55% of the company's total share and voting capital
  • Transaction mode was open market purchase by a promoter group entity
  • Total diluted share capital of the company stands at 5,18,89,640 post-acquisition
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Vama Wovenfab Limited disclosed that Vasundhara Chem Plast Industries acquired 287,570 equity shares of the company through open market transactions. This acquisition corresponds to 0.55% of the total share and voting capital.

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the acquirer belongs to the Promoter/Promoter Group category. The transaction date for the acquisition or receipt of intimation was recorded as September 17, 2026, with subsequent updates noted on September 22, 2026.

Acquisition Details

The following table outlines the specific details of the shareholding change disclosed by the company:

Particulars Details
Acquirer Vasundhara Chem Plast Industries
Persons Acting in Concert (PAC) Suresh Mohanlal Gupta, Saurabh Suresh Gupta, Sheetal Saurabh Gupta
Number of Shares Acquired 287,570
Percentage of Total Capital 0.55%
Mode of Acquisition Open Market
Face Value per Share ₹10
Date of Acquisition September 17, 2026

Post-Acquisition Holding Structure

Prior to this transaction, the holding of the acquirer and its Persons Acting in Concert (PAC) was reported as nil. Following the acquisition, the total holding stands at 287,570 shares, representing 0.55% of the diluted share/voting capital. The company's total diluted share/voting capital after the said acquisition is 5,18,89,640.

The disclosure notes that consequent to this acquisition, the shareholding of Vasundhara Chem Plast Industries has not crossed the applicable threshold prescribed under Regulation 29(1) of the SEBI (SAST) Regulations, 2011. The shares were acquired from the open market on the listing day.

Historical Stock Returns for Vama Wovenfab

1 Day5 Days1 Month6 Months1 Year5 Years
-9.99%-55.63%-70.54%-70.54%-70.54%-70.54%

Will Vasundhara Chem Plast Industries continue accumulating shares to reach the 5% disclosure threshold under SEBI regulations?

How does this open market acquisition by a promoter group entity influence current liquidity and price discovery for Vama Wovenfab?

Are there any planned strategic synergies or operational integrations between Vasundhara Chem Plast Industries and Vama Wovenfab's textile operations?

1 Year Returns:-70.54%