Dhansafal Finserve Limited's promoter group entity, Comfort Intech Limited, has increased its shareholding through a series of open market purchases. The acquisitions, which took place between September 12-19, 2025, have raised Comfort Intech's stake in DhanSafal Finserve from 8.58% to 8.76%.

Acquisition Details

According to the disclosure made under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, Comfort Intech acquired a total of 3,86,792 shares of DhanSafal Finserve. The purchases were spread across six trading sessions:

The largest single-day purchase occurred on September 19, 2025, when Comfort Intech acquired 100,000 shares, representing 0.05% of DhanSafal Finserve's total share capital.

Shareholding Impact

Prior to this acquisition, Comfort Intech held 1,84,21,861 shares, equivalent to an 8.58% stake in DhanSafal Finserve. Following the purchase of 3,86,792 additional shares, Comfort Intech's total shareholding has increased to 1,88,08,653 shares, representing 8.76% of the company's equity.

Company Information

DhanSafal Finserve Limited, listed on the BSE Limited, has a total equity share capital of 21,46,40,000 shares with a face value of Re. 1 each. The company's registered office is located at G - 1402 Lotus Corporate Park, Jay Coach Area, Goregaon East, Mumbai, 400063.

This acquisition underscores the continued interest of the promoter group in increasing their stake in DhanSafal Finserve Limited. As per regulatory requirements, Comfort Intech Limited has duly disclosed this transaction to both the BSE Limited and DhanSafal Finserve Limited.

Dhansafal Finserve Limited (BSE: 512048) has achieved a significant milestone in its capital raising efforts. The company announced that it has received trading approval from the BSE Limited for 1,94,70,000 equity shares, marking a substantial expansion of its equity base.

Trading Approval Details

The BSE granted trading approval for 1,94,70,000 equity shares with a face value of Re. 1 each. These shares were issued on a preferential basis at a premium of Rs. 3.31 per share, indicating investor confidence in the company's prospects. The total issue price per share stands at Rs. 4.31, combining the face value and the premium.

The trading approval was officially communicated through a BSE letter, as confirmed by Mr. Ankur Agarwal, the Managing Director of Dhansafal Finserve Limited.

Capital Raising and Investor Implications

This preferential issue represents a significant capital infusion for Dhansafal Finserve. The total amount raised through this issue, assuming full subscription, would be approximately Rs. 8.39 crore. This additional capital could potentially be utilized for various corporate purposes, including business expansion, debt reduction, or strengthening the company's financial position.

For investors, this development signals an increase in the company's outstanding shares, which may have implications for earnings per share and ownership dilution. However, it also represents the company's ability to attract investment and potentially fuel future growth.

Corporate Governance Update

In a separate but noteworthy development, Dhansafal Finserve has also announced changes to its board composition. The company's Board of Directors approved the appointment of Mr. Harsh Kedia as a Non-Executive Independent Director for a term of five years, subject to shareholder approval.

Mr. Kedia brings over 15 years of experience in finance, with expertise in taxation, mergers & acquisitions, corporate restructuring, and governance. His appointment could potentially strengthen the company's strategic decision-making and corporate governance practices.

Market Reaction and Future Outlook

As Dhansafal Finserve moves forward with its expanded equity base and refreshed board, market participants will be keenly watching how these developments translate into the company's financial performance and strategic direction. The successful completion of the preferential issue and the addition of experienced leadership to the board may be viewed as positive signals by the market.

Investors and stakeholders are advised to monitor future announcements from the company for updates on the utilization of the raised capital and any strategic initiatives that may follow this equity expansion.