Indo Thai Securities Boosts Stake in Arunis Abode to 5.95% Through Rights Issue

1 min read     Updated on 17 Sept 2025, 10:09 AM
scanx
Reviewed by
Naman SharmaScanX News Team
whatsapptwittershare
Overview

Indo Thai Securities Limited and its associates have significantly increased their shareholding in Arunis Abode Limited from 0.14% to 5.95% through a rights issue. Indo Thai Securities alone acquired 30,17,292 shares, raising its stake to 5.92%. The rights issue expanded Arunis Abode's equity share capital from Rs. 3.00 crore to Rs. 51.00 crore, with 4,80,00,000 new shares allotted at Rs. 12.60 per share.

19629567

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

Arunis Abode Limited has seen a significant increase in shareholding by Indo Thai Securities Limited and its persons acting in concert through a rights issue, according to a recent regulatory filing.

Key Highlights

  • Indo Thai Securities Limited, along with persons acting in concert, acquired 30,29,588 shares in Arunis Abode Limited.
  • The acquisition increased their combined shareholding from 0.14% to 5.95%.
  • Indo Thai Securities alone acquired 30,17,292 shares, raising its stake from 0.14% to 5.92%.
  • The rights issue expanded Arunis Abode's equity share capital from Rs. 3.00 crore to Rs. 51.00 crore.

Details of the Acquisition

The Rights Issue Committee of Arunis Abode Limited approved the allotment of 4,80,00,000 fully paid-up equity shares. This expanded the company's equity share capital from 30,00,000 shares to 5,10,00,000 shares, each with a face value of Rs. 10.00.

Indo Thai Securities Limited, the primary acquirer, saw its shareholding increase from 4,322 shares (0.14%) to 30,21,614 shares (5.92%). The persons acting in concert, including Dhanpal Doshi, Parasmal Doshi, Dhanpal Doshi HUF, Varsha Doshi, Sadhana Doshi, Nishit Doshi, Nivya Doshi, Rajendra Bandi, and Sunita Bandi, collectively acquired additional shares, bringing their total holding to 12,300 shares (0.03%).

Impact and Implications

This substantial increase in shareholding by Indo Thai Securities and its associates could potentially influence the company's decision-making processes. However, it's important to note that Indo Thai Securities is not part of the promoter group of Arunis Abode Limited.

The rights issue, priced at Rs. 12.60 per share (including a premium of Rs. 2.60), has significantly bolstered Arunis Abode's capital base. This influx of funds could provide the company with resources for potential expansion or debt reduction, depending on its strategic plans.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Such disclosures ensure transparency in the stock market and keep investors informed about significant changes in shareholding patterns.

Investors and market watchers will likely keep a close eye on any further developments or strategic moves by Indo Thai Securities concerning its increased stake in Arunis Abode Limited.

Historical Stock Returns for Arunis Abode

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+10.36%+50.16%+322.98%+2,148.32%+5,014.50%
Arunis Abode
View in Depthredirect
like16
dislike

Arunis Abode Limited Completes Rights Issue, Promoter Group Shareholding Drops to 20.48%

1 min read     Updated on 15 Sept 2025, 04:36 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
whatsapptwittershare
Overview

Arunis Abode Limited has completed a significant rights issue on September 12, 2025, resulting in a substantial change in its shareholding structure and equity capital. The company issued 4.8 crore new equity shares, increasing its equity share capital from Rs. 3 crore to Rs. 51 crore. This move led to a significant dilution in the promoter group's shareholding, reducing it from 70.37% to 20.48%. Dharmendrabhai Becharbhai Jasani received 83.33 lakh shares through the rights issue, now holding 17.79% of the company. The company has made the necessary disclosures under SEBI regulations.

19480024

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

Arunis Abode Limited has successfully completed a significant rights issue, resulting in a substantial change in its shareholding structure and equity capital. The company made this announcement through a regulatory filing on September 12, 2025.

Rights Issue Details

The rights issue, which concluded on September 12, 2025, saw the allotment of 4.8 crore equity shares, each with a face value of Rs. 10. This move has dramatically increased the company's equity share capital from Rs. 3 crore (30 lakh shares) to Rs. 51 crore (5.1 crore shares).

Impact on Shareholding

The rights issue has led to a significant dilution in the promoter group's shareholding:

  • Before Rights Issue: 70.37%
  • After Rights Issue: 20.48%

This reduction in promoter holding is primarily due to the large-scale allotment of new shares to eligible shareholders.

Key Allotments and Shareholding

Dharmendrabhai Becharbhai Jasani

  • Received 83.33 lakh shares through the rights issue
  • Current shareholding: 17.79% (90,71,029 shares)

Yagnik Bharatkumar Tank

  • Current shareholding: 2.06% (10,52,500 shares)

Ayush Dharmendrabhai Jasani

  • Current shareholding: 0.63% (3,21,012 shares)

Shareholding Structure

Shareholder Shares Held Percentage
Dharmendrabhai Becharbhai Jasani 90,71,029 17.79%
Yagnik Bharatkumar Tank 10,52,500 2.06%
Ayush Dharmendrabhai Jasani 3,21,012 0.63%
Total Promoter Group 1,04,44,541 20.48%

Regulatory Compliance

The company has made the necessary disclosures under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure was filed to inform the market about the change in shareholding structure resulting from the rights issue.

The rights issue marks a significant milestone for Arunis Abode Limited, substantially increasing its equity base and potentially providing additional capital for future growth initiatives.

Historical Stock Returns for Arunis Abode

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+10.36%+50.16%+322.98%+2,148.32%+5,014.50%
Arunis Abode
View in Depthredirect
like16
dislike
More News on Arunis Abode
Explore Other Articles
67.00
+1.31
(+1.99%)