Asia Global Trading Exits Take Solutions with 63.61 Lakh Share Off-Market Sale

1 min read     Updated on 12 Aug 2025, 10:03 AM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

Asia Global Trading (Chennai) Private Limited, a promoter group member, has sold its entire 4.30% stake (63,61,162 shares) in Take Solutions Limited through an off-market transaction. The sale reduces Asia Global Trading's shareholding from 4.30% to 0%. Other promoter group members, including Take Solutions Pte Limited (33.90%) and Srinivasan H R (0.09%), retain their stakes. The transaction was disclosed under SEBI regulations.

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

Take Solutions Limited , a prominent player in the Indian technology sector, has witnessed a significant change in its shareholding structure. Asia Global Trading (Chennai) Private Limited, a member of the company's promoter group, has completely divested its stake in an off-market transaction.

Transaction Details

Asia Global Trading (Chennai) Private Limited sold 63,61,162 equity shares of Take Solutions Limited through an off-market transaction. This sale represents approximately 4.30% of Take Solutions' total equity share capital, which stands at 14,79,34,000 equity shares of Re. 1 each.

Impact on Shareholding

The transaction has resulted in a complete exit for Asia Global Trading from Take Solutions Limited. Their shareholding in the company has decreased from 4.30% to 0.00% following this disposal.

Promoter Group Holdings

While Asia Global Trading has exited, it's worth noting that other members of the promoter group continue to hold significant stakes in Take Solutions Limited. According to the disclosure:

Promoter Group Member Shares Held Stake Percentage
Take Solutions Pte Limited 5,01,45,990 33.90%
Srinivasan H R 1,35,000 0.09%

Regulatory Compliance

The sale was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Asia Global Trading (Chennai) Private Limited has duly informed the stock exchanges and the company's board of directors about this transaction.

Market Impact

Take Solutions Limited's shares are listed on both the BSE Limited and the National Stock Exchange of India Limited. While the immediate market reaction to this off-market transaction is not captured in the provided data, investors and market analysts will likely be watching closely for any potential impacts on the company's stock performance and future strategic directions.

This significant change in the promoter group's composition could potentially influence the company's governance and strategic decisions moving forward. Shareholders and potential investors may want to keep a close eye on any further developments or announcements from Take Solutions Limited in the wake of this transaction.

Historical Stock Returns for Take Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+1.96%+1.08%-6.21%-15.22%-50.92%-80.48%
Take Solutions
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Asia Global Trading Reduces Stake in Take Solutions Limited

1 min read     Updated on 06 Aug 2025, 02:44 PM
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Reviewed by
Naman SharmaBy ScanX News Team
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Overview

Asia Global Trading, a promoter of Take Solutions, has reduced its stake from 9.20% to 4.30% through off-market transactions. The company sold 72,48,766 equity shares between August 1-4, 2025, for a total value of ₹50,74,136.00. This transaction was disclosed in compliance with SEBI regulations.

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

Take Solutions has reported that Asia Global Trading (Chennai) Private Limited, a promoter group member, has significantly reduced its stake in the company through a series of off-market transactions. The disposal, which took place between August 1-4, 2025, saw the promoter group entity sell 72,48,766 equity shares of Take Solutions Limited.

Stake Reduction Details

According to the disclosure made by Take Solutions Limited to the National Stock Exchange of India Limited and BSE Limited, Asia Global Trading's shareholding in the company has decreased from 9.20% to 4.30%. This represents a reduction of 4.90% in their overall stake.

Particulars Before Transaction After Transaction
Number of Shares 1,36,09,928 63,61,162
Shareholding Percentage 9.20% 4.30%

Transaction Specifics

  • Mode of Disposal: Off-market transactions
  • Number of Shares Sold: 72,48,766
  • Transaction Value: ₹50,74,136.00
  • Transaction Period: August 1-4, 2025

Regulatory Compliance

The disclosure of this transaction was made in compliance with Regulation 7(2) of the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015. Take Solutions Limited promptly notified the stock exchanges of this change in shareholding pattern, as required by regulatory guidelines.

About Asia Global Trading (Chennai) Private Limited

Asia Global Trading (Chennai) Private Limited is identified by its Corporate Identification Number (CIN) U15135TN2000PTC045542 and Permanent Account Number (PAN) AADCA0341A. The company's registered address is at No. 56, Old No. 116, 4th Floor, Ragas Building, Dr. Radhakrishnan Salai, Mylapore, Chennai, Tamil Nadu, India - 600004.

This significant reduction in stake by a promoter group entity may be of interest to investors and market analysts following Take Solutions Limited.

Historical Stock Returns for Take Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+1.96%+1.08%-6.21%-15.22%-50.92%-80.48%
Take Solutions
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