Vivanta Industries Promoters Submit SEBI Shareholding Disclosures for FY26

1 min read     Updated on 14 Apr 2026, 12:38 PM
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Radhika SScanX News Team
AI Summary

Vivanta Industries Limited's promoters submitted their annual shareholding disclosures under SEBI (SAST) Regulations for FY26. Five promoters and promoter group members disclosed their holdings as of March 31, 2026, with Parth H. Parikh holding the largest stake at 90,37,233 shares. All promoters confirmed no share encumbrances were made during the financial year, ensuring regulatory compliance and transparency in shareholding patterns.

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Vivanta Industries Limited's promoters have submitted their mandatory annual shareholding disclosures to the Bombay Stock Exchange and the company's audit committee, fulfilling regulatory requirements under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Promoter Shareholding Details

The disclosures, dated April 13, 2026, reveal the shareholding positions of five key individuals associated with the company as of March 31, 2026. The submissions were made pursuant to Regulation 31(4) of SEBI (SAST) Regulations, 2011.

Promoter Name: Shareholding (shares) Category
Parth H. Parikh: 90,37,233 Promoter
Ravina A. Parikh: 25,00,000 Promoter Group
Hemant A. Parikh: 11,25,000 Promoter
Tarla A. Parikh: 9,37,018 Promoter Group
Girishbhai B Bhatt: 62,500 Promoter

Regulatory Compliance

All promoters confirmed in their individual declarations that they held their respective shareholdings as on March 31, 2026, without making any encumbrance of shares, directly or indirectly, during the financial year ended March 31, 2026. The disclosures were submitted to both the Department of Corporate Services at Bombay Stock Exchange and the company's audit committee.

Documentation Process

Each promoter submitted separate formal letters containing their shareholding declarations, complete with signatures and proper documentation. The submissions reference scrip code 541735 and were addressed to the relevant regulatory and corporate governance bodies as required under SEBI regulations.

The company's registered office is located at 403/TF, Sarthik II, Opp Rajpath Club, S.G Highway, Bodakdev, Ahmedabad- 380054, Gujarat, India, where the audit committee received copies of all promoter disclosures for record-keeping purposes.

Will Vivanta Industries' promoters consider increasing their shareholding through open market purchases or preferential allotments in the upcoming fiscal year?

How might the concentrated promoter ownership structure of 136.61 lakh shares impact potential institutional investor interest or future fundraising plans?

Could Parth H. Parikh's dominant 90+ lakh share position signal upcoming strategic decisions or corporate restructuring at Vivanta Industries?

Vivanta Industries Board Approves Sale of Gujarat Land for Rs 1.05 Crores

2 min read     Updated on 06 Mar 2026, 05:41 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Vivanta Industries Limited's board approved the sale of 12,242 square meter land in Village Kalana, Gujarat for Rs 1.05 crores to Shreenath Enterprise. The transaction, approved on March 6, 2026, is expected to complete by April 30, 2026, subject to due diligence and regulatory approvals. The company confirmed the sale will not impact business operations as no activities were conducted on the property, and the transaction does not constitute a related party deal or substantial undertaking transfer under applicable regulations.

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Vivanta Industries Limited has announced the board approval for the sale of its land parcel in Gujarat, marking a strategic asset disposal decision. The company's Board of Directors convened on March 6, 2026, to approve this significant property transaction.

Property Details and Transaction Overview

The land sale involves a substantial property measuring 12,242 square meters, strategically located at Survey No. 173/1 in Village Kalana, Gujarat-382100. The transaction details are structured as follows:

Parameter: Details
Property Size: 12,242 square meters
Location: Survey No. 173/1, Village Kalana, Gujarat-382100
Book Value: Rs 1.05 crores
Sale Consideration: Rs 1.05 crores (cash)
Buyer: Shreenath Enterprise (Partnership Firm)
Key Partner: Mr. Hasmukhbhai Jadav

Transaction Timeline and Regulatory Compliance

The board meeting, which commenced at 5:00 PM and concluded at 5:25 PM, approved the sale based on an offer letter received from the buyer. The company will execute a Memorandum of Understanding (MOU) with Shreenath Enterprise in due course.

Milestone: Timeline
Board Approval: March 6, 2026
Expected Completion: On or before April 30, 2026
Extension Provision: Mutually agreed by parties
Due Diligence: Subject to purchaser's requirements

Business Impact Assessment

Vivanta Industries emphasized that this property sale will have minimal impact on its operations. The company specifically noted that no business operations were conducted on the land being sold. The transaction structure ensures compliance with regulatory requirements:

  • The sale does not constitute an undertaking or substantially the whole undertaking under Section 180(1)(a) of the Companies Act, 2013
  • The transaction does not fall within related party transaction provisions
  • The buyer is not affiliated with the promoter, promoter group, or group companies
  • The sale is conducted at arm's length basis

Financial and Regulatory Considerations

The lump sum consideration of Rs 1.05 crores will be received in cash, subject to applicable tax deduction at source provisions under the Income Tax Act. The transaction represents a book value realization, with the property's recorded value matching the sale consideration.

The company has confirmed that this disposal does not require compliance with Regulation 37A of LODR Regulations, as it does not constitute a substantial undertaking transfer. All disclosure requirements under SEBI LODR 2015 and related circulars have been fulfilled through proper regulatory filings.

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