Reliable Data Services: Promoter Meenakshi Pathak Reduces Stake

1 min read     Updated on 24 Nov 2025, 01:11 PM
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Overview

Meenakshi Pathak, a promoter of Reliable Data Services Limited, has significantly reduced her stake in the company through an open market transaction on November 20, 2025. Her shareholding decreased from 19,436 shares (0.18%) to 436 shares (0.00%), with a sale of 19,000 shares. The company's total equity capital stands at Rs. 10.32 crore, comprising 10,320,000 equity shares with a face value of Rs. 10.00 each.

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Reliable Data Services Limited , a company listed on the National Stock Exchange of India and the Bombay Stock Exchange, has reported a significant change in its promoter shareholding. Meenakshi Pathak, a promoter of the company, has reduced her stake through an open market transaction.

Transaction Details

Aspect Before Sale After Sale
Shares Held 19,436 436
Shareholding Percentage 0.18% 0.00%
Number of Shares Sold 19,000
Date of Transaction November 20, 2025
Mode of Sale Open Market

Company Information

Detail Value
Total Equity Capital Rs. 10.32 crore
Number of Equity Shares 10,320,000
Face Value per Share Rs. 10.00

The transaction resulted in a substantial reduction in Meenakshi Pathak's shareholding in Reliable Data Services Limited. The promoter's stake decreased from 19,436 shares to 436 shares, representing a change from 0.18% to 0.00% of the company's total equity capital.

This sale of shares by a promoter could be of interest to investors and market analysts, as changes in promoter holdings often attract attention in the stock market. However, it's important to note that this transaction alone may not necessarily indicate any significant change in the company's operations or future prospects.

Investors and stakeholders of Reliable Data Services Limited may want to monitor any further changes in promoter holdings or company announcements for a more comprehensive understanding of the company's position.

The company has duly reported this change in shareholding as per the regulatory requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Historical Stock Returns for Reliable Data Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.51%+18.09%+16.17%+110.51%+106.40%+556.69%
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Reliable Data Services Secures 10 Lakh Convertible Warrants in Kandarp DigiSmart BPO

1 min read     Updated on 18 Nov 2025, 05:30 PM
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Riya DScanX News Team
Overview

Reliable Data Services Limited (RDSL) has secured 10,00,000 convertible warrants of Kandarp DigiSmart BPO Limited at an issue price of ₹104.50 per warrant. The total value of the allotment, if fully converted, is ₹10.45 crore. RDSL has made an initial payment of ₹2.61 crore, with the remaining ₹7.84 crore due upon conversion. The warrants were allotted on November 17, 2025, marking a strategic move that could potentially expand RDSL's stake in the BPO sector.

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

Reliable Data Services Limited (RDSL) has made a strategic move by securing 10,00,000 convertible warrants of Kandarp DigiSmart BPO Limited, as disclosed in a recent corporate filing. This development marks a significant step for RDSL in potentially expanding its stake in the BPO sector.

Key Details of the Warrant Allotment

Particulars Details
Number of Warrants 10,00,000
Issue Price per Warrant ₹104.50
Premium per Warrant ₹94.50
Upfront Payment (25%) ₹26.13
Balance Payable on Conversion ₹78.38
Date of Allotment November 17, 2025

Financial Implications

The total value of this warrant allotment, if fully converted, amounts to ₹10.45 crore. RDSL has made an initial payment of ₹2.61 crore, representing 25% of the total warrant value. The remaining ₹7.84 crore will be due upon the conversion of these warrants into equity shares.

Strategic Considerations

This move by Reliable Data Services Limited could be interpreted as a strategic investment in Kandarp DigiSmart BPO Limited. Convertible warrants offer RDSL the flexibility to increase its equity stake in the future, potentially strengthening its position in the BPO sector.

Regulatory Compliance

The company has duly informed the stock exchanges about this allotment, adhering to the disclosure requirements under SEBI regulations. This transparency ensures that shareholders and potential investors are kept informed about significant corporate actions.

Market Impact

While the immediate market reaction to this news remains to be seen, such strategic investments often signal confidence in the target company's future prospects. Investors may view this as a positive indicator of RDSL's growth strategy and its outlook on the BPO industry.

Conclusion

As Reliable Data Services Limited takes this step towards potentially increasing its stake in Kandarp DigiSmart BPO Limited, market observers will be keen to see how this investment unfolds. The conversion of these warrants, when it occurs, will provide further insights into RDSL's long-term plans and its position within the evolving landscape of the BPO sector.

Historical Stock Returns for Reliable Data Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.51%+18.09%+16.17%+110.51%+106.40%+556.69%
Reliable Data Services
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