Vertex Securities Promoter Kumar Nair's Stake Reduces to 15.32% Following Rights Issue

Vertex Securities Limited has received a disclosure from promoter Kumar Nair regarding changes in his shareholding following the company's recent rights issue. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals a reduction in Nair's voting rights from 19.16% to 15.32%.

Shareholding Changes

The reduction in Kumar Nair's stake occurred due to his renunciation of rights entitlements in the company's rights issue, which resulted in dilution of his voting power when new shares were allotted on March 30, 2026.

Parameter	Before Rights Issue	After Rights Issue	Change
Shares Held	1,41,77,543	1,41,77,543	No change
Voting Rights (%)	19.16%	15.32%	-3.84%
Diluted Voting Rights (%)	19.16%	9.58%	-9.58%

Rights Issue Details

The rights issue process involved the allotment of equity shares to existing shareholders and renounces on March 30, 2026. Kumar Nair chose to renounce his rights entitlements rather than subscribe to additional shares, leading to the dilution of his percentage holding.

Capital Structure Changes

The company's equity share capital structure underwent significant changes following the rights issue:

Capital Structure	Details
Pre-Rights Issue Capital	Rs. 14,80,24,378 consisting of 7,40,12,189 fully paid equity shares of Rs. 2 each
Post-Rights Issue Capital	Rs. 18,50,30,473 consisting of 14,80,24,378 shares
Share Composition	7,40,12,189 fully paid equity shares of Rs. 2 each and 7,40,12,189 partly paid equity shares of Rs. 2 each with Rs. 0.50 paid up

Regulatory Compliance

The disclosure was made by Kumar Nair from London, United Kingdom, dated April 02, 2026. As a promoter of Vertex Securities Limited, which is listed on the Bombay Stock Exchange Limited (BSE Limited), Nair is required to disclose changes in his shareholding under SEBI regulations.

The filing indicates that the diluted voting capital calculation assumes full conversion of partly paid shares to fully paid shares, which would further reduce the promoter's percentage holding to 9.58% of the total diluted share capital.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.89%	+10.33%	-7.93%	-7.93%	-7.93%	-7.93%

Vertex Securities has received a substantial acquisition disclosure from Areeza India Strategy Partners LLP, which acquired a significant stake in the company through its recent rights issue. The acquisition represents one of the notable investments by specific investors in the securities firm's capital raising exercise.

Acquisition Details

Areeza India Strategy Partners LLP acquired 5,34,31,493 partly paid equity shares of Vertex Securities Limited through subscription to the rights issue. The transaction was completed on March 30, 2026, with the formal disclosure submitted on April 02, 2026.

Parameter:	Details
Shares Acquired:	5,34,31,493
Voting Power:	14.44%
Post-Issue Share Capital:	36.10% (partly paid basis)
Acquisition Mode:	Rights Issue Subscription
Acquisition Date:	March 30, 2026

Shareholding Pattern Changes

The acquisition significantly altered Areeza India Strategy Partners' holding in Vertex Securities. Prior to this transaction, the acquirer held minimal shareholding of 100 shares, while persons acting in concert held 200 shares, collectively representing negligible voting power.

Holding Period:	Shares	Voting Power (%)
Before Acquisition:	300	0.00%
After Acquisition:	5,34,32,793	14.44%

Regulatory Compliance

The disclosure was made under Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Areeza India Strategy Partners LLP, led by Designated Partner Rahul Menon, submitted the required documentation to BSE Limited and Vertex Securities Limited.

The persons acting in concert with the acquirer include:

Sidharth Ajwani
Rahul Menon
Lata Menon

Share Capital Structure

Following the rights issue and subsequent acquisition, Vertex Securities' share capital structure has been restructured. The company's equity share capital increased from Rs. 14,80,24,378 to Rs. 18,50,30,473.

Capital Structure:	Amount (Rs.)	Share Details
Pre-Acquisition:	14,80,24,378	7,40,12,189 fully paid shares of Re. 2/- each
Post-Acquisition:	18,50,30,473	7,40,12,189 fully paid + 7,40,12,189 partly paid shares
Total Diluted Capital:	29,60,48,756	14,80,24,378 fully paid shares (assuming full conversion)

The acquisition establishes Areeza India Strategy Partners as a significant stakeholder in Vertex Securities Limited, which is listed on BSE Limited under scrip code 531950. The investment reflects confidence in the securities firm's business prospects and growth potential.