Rajvi Logitrade , a company listed on the BSE, has seen a significant change in its shareholding pattern as two members of its promoter group acquired a substantial stake through preferential allotment. The transaction has resulted in a notable expansion of the company's equity share capital.

Key Highlights of the Acquisition

• Acquirers: Umaba Narendra Rana and Bhavya Narendrasinh Rana, both members of the promoter group
• Total Shares Acquired: 5,13,800 shares, representing 12.61% of the company's voting rights
• Mode of Acquisition: Preferential Allotment

Breakdown of the Acquisition

Impact on Equity Share Capital

The preferential allotment has led to a substantial increase in Rajvi Logitrade's equity share capital:

• Before Acquisition: 10,00,000 shares worth ₹1,00,00,000
• After Acquisition: 40,74,100 shares worth ₹4,07,41,000

This represents a significant expansion of the company's capital base, with the number of shares more than quadrupling.

Regulatory Compliance

The acquisition was disclosed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, both acquirers held zero shares in the company, making this a notable first-time investment by these promoter group members.

Company Overview

Rajvi Logitrade is listed on the BSE Limited. The recent preferential allotment and the resulting increase in promoter group stake may signal confidence in the company's future prospects. However, the specific reasons for the preferential allotment and its potential impact on the company's operations or strategy have not been disclosed in the available information.

Rajvi Logitrade Limited , a Gujarat-based company, has announced significant changes to its leadership structure alongside impressive financial results for the first quarter.

Board Restructuring

The company has made several key appointments to strengthen its leadership team:

• Mr. Ankit Gattani has been appointed as the new Chief Financial Officer. With over 13 years of experience in financial leadership, Mr. Gattani brings expertise in financial transformation, capital securing, and cost-saving initiatives.

• Mr. Dipendra Tak has joined as an Additional Director (Non-Executive, Non-Independent). Mr. Tak, a Cost and Management Accountant with an MBA in Finance and Logistics, brings 25 years of experience in taxation, auditing, compliances, and corporate finance.

• Mr. Prashant Raval and Mr. Rajesh Girishchandra Champanery have been appointed as Additional Directors (Non-Executive, Independent). Mr. Raval has a strong background in accounting and finance, while Mr. Champanery brings comprehensive expertise in logistics and transportation business operations.

Simultaneously, the company announced the resignations of three directors:

• Mr. Chirag Hasija (Non-Executive, Non-Independent) has stepped down to pursue personal interests.
• Mr. Amar Nandlal Pal (Independent Director) has resigned due to health issues.
• Mr. Dharmesh Kanubhai Barot (Independent Director) has resigned citing personal reasons.

Q1 Financial Performance

Rajvi Logitrade has reported robust financial results for the quarter:

The company's net sales saw a significant year-on-year increase of 410.37%, rising from ₹436.83 crore to ₹2,228.43 crore. Profit after tax also showed substantial growth, increasing by 202.70% from ₹15.93 crore to ₹48.22 crore.

Other Developments

In addition to the board restructuring and financial results, Rajvi Logitrade has appointed M/s. Jogi Dipak & Co. as the Secretarial Auditor for the financial years 2024-2025 to 2028-2029. The firm specializes in corporate management consultancy, offering services in corporate laws, secretarial audit, corporate governance, and regulatory advisory.

The company's board meeting, which concluded these decisions, was held on August 11, 2025, at the registered office in Gandhidham, Gujarat.

These developments indicate Rajvi Logitrade's focus on strengthening its governance structure and financial performance as it moves forward.