Rajvi Logitrade's Promoter Group Stake Diluted to 10.27% Following Share Allotment

1 min read     Updated on 23 Sept 2025, 11:36 AM
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Ashish ThakurScanX News Team
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Overview

Rajvi Logitrade Limited's promoter group stake decreased from 15.95% to 10.27% following a share allotment on September 18, 2025. The dilution occurred despite the promoters maintaining their 6,50,000 shares, as the company's total equity shares increased from 40,74,100 to 63,25,525. The capital structure changed with 22,51,425 new shares issued, expanding the share capital from ₹4,07,41,000 to ₹6,32,55,250. This change was disclosed in compliance with SEBI regulations.

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

Rajvi Logitrade Limited , a company listed on the BSE Limited, has reported a significant change in its promoter group shareholding following a recent share allotment. The company's promoter group, consisting of Narendrasinh Rana, Bhavya Narendrasinh Rana, and Umaba Narendra Rana, saw their collective stake decrease from 15.95% to 10.27% due to the allotment of new shares to other shareholders on September 18, 2025.

Shareholding Changes

The change in shareholding percentage occurred despite the promoter group maintaining their absolute shareholding of 6,50,000 shares. The dilution was a result of an increase in the company's equity share capital, which expanded from 40,74,100 shares to 63,25,525 shares.

Here's a breakdown of the promoter group's individual stakes before and after the share allotment:

Promoter Name Before Allotment After Allotment
Narendrasinh Rana 3.34% (1,36,200 shares) 2.15% (1,36,200 shares)
Bhavya Narendrasinh Rana 5.40% (2,20,000 shares) 3.48% (2,20,000 shares)
Umaba Narendra Rana 7.21% (2,93,800 shares) 4.64% (2,93,800 shares)
Total 15.95% (6,50,000 shares) 10.27% (6,50,000 shares)

Capital Structure Changes

The share allotment has resulted in significant changes to Rajvi Logitrade's capital structure:

  • Before Allotment: 40,74,100 equity shares of ₹10 each, totaling ₹4,07,41,000
  • After Allotment: 63,25,525 equity shares of ₹10 each, totaling ₹6,32,55,250

This represents an increase of 22,51,425 shares in the company's equity share capital.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The intimation of the change in shareholding was received on September 18, 2025, the same day as the share allotment.

It's important to note that while the promoter group's percentage stake has decreased, their absolute number of shares remains unchanged. The dilution in their stake is solely due to the increase in the company's total outstanding shares following the allotment to other shareholders.

Investors and market participants may want to take note of this change in the company's shareholding structure, as it represents a significant shift in the ownership pattern of Rajvi Logitrade Limited.

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Rajvi Logitrade's Promoter Group Acquires 12.61% Stake Through Preferential Allotment

1 min read     Updated on 04 Sept 2025, 04:50 PM
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Reviewed by
Naman SharmaScanX News Team
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Overview

Two promoter group members of Rajvi Logitrade, a BSE-listed company, have acquired a 12.61% stake through preferential allotment. Umaba Narendra Rana and Bhavya Narendrasinh Rana acquired 2,93,800 (7.21%) and 2,20,000 (5.40%) shares respectively. This acquisition has expanded the company's equity share capital from 10,00,000 shares worth ₹1,00,00,000 to 40,74,100 shares worth ₹4,07,41,000. The transaction was disclosed under SEBI regulations, with both acquirers previously holding no shares in the company.

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

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

Acquirer Shares Acquired Voting Rights
Umaba Narendra Rana 2,93,800 7.21%
Bhavya Narendrasinh Rana 2,20,000 5.40%
Total 5,13,800 12.61%

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.

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