Enbee Trade & Finance Limited has reported significant changes in its promoter shareholding. Two key members of the promoter group have reduced their stakes through market transactions on the Bombay Stock Exchange (BSE).

Amarr Narendra Galla's Transaction

According to the disclosure made under the Securities and Exchange Board of India (SEBI) Prohibition of Insider Trading Regulations, Amarr Narendra Galla, a key promoter of the company, sold 61,65,660 equity shares. This transaction resulted in a reduction of his shareholding from 4,11,65,660 shares (7.20% of the total share capital) to 3,50,00,000 shares (6.12% of the total share capital).

The sale transaction was valued at Rs 28,64,276.00, as per the Form C submitted to the company. This value excludes taxes, brokerage, and any other charges associated with the transaction.

Ssamta Amar Gaala's Transaction

Another significant transaction was made by Ssamta Amar Gaala, a member of the promoter group and Whole Time Director of the company. Gaala sold 37,50,530 equity shares. This sale reduced Gaala's shareholding from 1,62,50,530 shares (2.84%) to 1,25,00,000 shares (2.18%). The transaction was valued at Rs 17,08,216.00.

Regulatory Compliance

Enbee Trade & Finance Limited promptly reported these changes in promoter shareholding to the BSE, in compliance with SEBI regulations. The disclosures were made under SEBI's Prohibition of Insider Trading Regulations, demonstrating transparency in the reporting process.

Market Impact

While the exact market impact of these transactions is not immediately clear, such significant sales by promoters and promoter group members often attract investor attention. Shareholders and potential investors may want to keep an eye on any further developments or disclosures from the company.

Enbee Trade & Finance Limited, with its registered office in Mumbai, operates in the financial sector. As always, investors are advised to conduct their own research and consider multiple factors before making investment decisions based on promoter shareholding changes.

Enbee Trade & Finance Limited , a Mumbai-based financial services company, has announced significant changes to its capital structure following shareholder approval at its Annual General Meeting (AGM) held on September 3, 2025.

Key Developments

1. Authorized Share Capital Increase: Shareholders approved an increase in the company's authorized share capital from Rs. 60.00 crores to Rs. 180.00 crores, tripling its previous limit.

2. Stock Split: The face value of the company's shares has been reduced from Rs. 10.00 to Re. 1.00 each, effectively implementing a 10-for-1 stock split.

3. Memorandum of Association Amendment: The capital clause in the company's Memorandum of Association has been altered to reflect these changes.

Shareholder Approval and Voting Results

The resolutions were passed with overwhelming shareholder support. The voting results show:

Other Key Decisions

In addition to the capital structure changes, shareholders also approved several other important resolutions:

1. Appointment of Statutory Auditors: M/S HPVS & Associates, Chartered Accountants (FRN: 137533W), were appointed as the company's statutory auditors.

2. Appointment of Secretarial Auditors: M/S Feni Shah & Associates were appointed as the company's secretarial auditors.

3. Related Party Transactions: Shareholders approved and ratified related party transactions with Narendra Gala HUF, a member of the promoter group.

4. Investment Powers: The company received approval to invest in various asset classes including property, gold, and commodities.

5. Loan Conversion: A special resolution was passed allowing for the conversion of loans into shares or convertible instruments.

Management Commentary

Amarr Narendra Galla, the Managing Director of Enbee Trade & Finance Limited, signed off on the AGM results, indicating the management's alignment with these strategic decisions.

Implications

The tripling of authorized share capital and the stock split are significant moves that could potentially improve the stock's liquidity and make it more accessible to a broader range of investors. These changes may also signal the company's plans for future growth and capital raising activities.

Investors and market watchers will likely keep a close eye on how Enbee Trade & Finance Limited utilizes this expanded capital base and whether it leads to new business initiatives or expansion plans in the near future.