Basaboini Family Acquires 6.6% Stake in Samsrita Labs Through Preferential Allotment
Four members of the Basaboini family have acquired a combined 6.6% stake in Samsrita Labs Limited through a preferential allotment on July 18, 2025. The acquisition involved 15,00,000 shares, with Basaboini Malathi and Mallikarjun Rao Basaboini each acquiring 2.20% stakes, while Mrinalini Basaboini and Mriganayani Basaboini each acquired 1.10% stakes. This acquisition has increased the company's total equity share capital from 1,48,08,706 to 2,27,49,710 shares. The acquirers, who were not part of the promoter group and had no previous holdings, have filed the necessary disclosures under SEBI regulations.

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Samsrita Labs Limited , a company listed on BSE Limited and Metropolitan Stock Exchange of India Limited, has seen a significant change in its shareholding structure. Four members of the Basaboini family have acquired a combined 6.6% stake in the company through a preferential allotment on July 18, 2025.
Details of the Acquisition
The preferential allotment involved the following acquisitions:
Acquirer | Shares Acquired | Stake Acquired |
---|---|---|
Basaboini Malathi | 5,00,000 | 2.20% |
Mallikarjun Rao Basaboini | 5,00,000 | 2.20% |
Mrinalini Basaboini | 2,50,000 | 1.10% |
Mriganayani Basaboini | 2,50,000 | 1.10% |
Total | 15,00,000 | 6.60% |
The acquisition was made on a cash basis through the preferential issue. It's worth noting that the acquirers did not belong to the promoter group and had no previous holdings in the company.
Impact on Share Capital
Following this acquisition, Samsrita Labs' total equity share capital has increased significantly:
- Before Acquisition: 1,48,08,706 equity shares of Rs. 10 each
- After Acquisition: 2,27,49,710 equity shares of Rs. 10 each
This represents an increase of 79,41,004 shares, or approximately 53.6% in the total number of outstanding shares.
Regulatory Compliance
In compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the acquirers have filed the necessary disclosures under Regulation 29(1). These disclosures were submitted to both BSE Limited and Metropolitan Stock Exchange of India Limited on July 21, 2025.
Company Background
Samsrita Labs Limited is headquartered at 6-3-354/13/B2, Flat.No.B2, Suryateja Apartments, Hindi Nagar, Punjagutta, Hyderabad-500082, Telangana, India. The company's shares are listed on both BSE Limited and Metropolitan Stock Exchange of India Limited.
This preferential allotment and the resulting change in shareholding structure could potentially impact the company's governance and strategic direction. Investors and market watchers will likely be keen to observe any subsequent changes in the company's operations or performance following this significant acquisition.
Historical Stock Returns for Samsrita Labs
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.00% | +15.67% | +23.30% | +16.42% | +46.80% | -44.07% |