News Corporate Actions Raj Petroproducts Limited Discloses Share Acquisition Through Preferential AllotmentRaj Petroproducts Limited Discloses Share Acquisition Through Preferential Allotment
Raj Petroproducts Limited disclosed the acquisition of 2,55,000 equity shares (3.95% stake) through preferential allotment completed on 21st September, 2023. The company's total equity share capital remained unchanged at Rs. 5,64,85,000, while the total diluted share capital stands at Rs. 56,48,500. The disclosure was filed under SEBI regulations and signed by Director Mr. Siddharth Chaturvedi.
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Raj Petroproducts Limited has submitted a regulatory disclosure to BSE Limited regarding the acquisition of equity shares through preferential allotment, in compliance with SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Share Acquisition Details
The disclosure reveals that the company has acquired shares carrying voting rights through a preferential allotment mechanism. The acquisition was completed on 21st September, 2023, marking a significant corporate development for the Vadodara-based company.
| Parameter: | Details |
|---|---|
| Shares Acquired: | 2,55,000 |
| Percentage Holding: | 3.95% |
| Acquisition Mode: | Preferential Allotment of Equity Shares |
| Acquisition Date: | 21st September, 2023 |
Capital Structure Impact
The acquisition has resulted in specific changes to the company's shareholding pattern while maintaining the overall capital structure. The company's equity share capital remained stable throughout the transaction process.
| Capital Structure: | Amount |
|---|---|
| Equity Share Capital (Before): | Rs. 5,64,85,000 |
| Equity Share Capital (After): | Rs. 5,64,85,000 |
| Total Diluted Share Capital: | Rs. 56,48,500 |
Regulatory Compliance
The disclosure was filed under Regulation 29(1) of SEBI regulations, demonstrating the company's commitment to regulatory transparency. The filing was signed by Mr. Siddharth Chaturvedi, Director of Raj Petroproducts Limited, with DIN: 01968300.
Post-Acquisition Holdings
Following the acquisition, the company now holds 2,55,000 shares carrying voting rights, representing 3.95% of both the total shareholding and voting rights. The disclosure confirms that there are no encumbered shares, voting rights other than shares, or convertible securities involved in this transaction.
The company has maintained its registered office at 24/3, Suvernnapuri Society, Chikuwadi, Jetalpur Road, Vadodara 390 007, and continues to operate under CIN: U23209GJ1992PLC018279.
Historical Stock Returns for Brijlaxmi Leasing & Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.09% | +0.74% | -14.05% | +24.04% | +19.55% | +579.44% |
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