Samsrita Labs Sees 7.10% Stake Acquisition Through Preferential Allotment

1 min read     Updated on 23 Jul 2025, 06:26 PM
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Ashish ThakurScanX News Team
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Overview

Perla Naga Pattabhi Ravikanth has acquired a 7.10% stake (16,16,001 equity shares) in Samsrita Labs Limited through a preferential allotment on a swap basis. The allotment occurred on July 18, 2025, changing Ravikanth's shareholding from 0 to 16,16,001 shares. This acquisition has triggered disclosure requirements under SEBI regulations. Samsrita Labs is listed on the Metropolitan Stock Exchange of India Limited, and the acquirer is not part of the promoter group.

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

Samsrita Labs Limited , a company listed on the Metropolitan Stock Exchange of India Limited, has witnessed a significant change in its shareholding structure. Perla Naga Pattabhi Ravikanth, an individual investor, has acquired a substantial stake in the company through a preferential allotment on a swap basis.

Key Details of the Acquisition

Detail Value
Acquirer Perla Naga Pattabhi Ravikanth
Number of Shares Acquired 16,16,001 equity shares
Percentage Stake 7.10%
Date of Allotment July 18, 2025
Mode of Acquisition Preferential allotment (swap basis)

Impact on Shareholding

The acquisition has triggered disclosure requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. According to the disclosure:

Shareholding Value
Pre-Acquisition Shareholding 0 shares
Post-Acquisition Shareholding 16,16,001 equity shares (7.10%)

Company Details

Detail Value
Company Name Samsrita Labs Limited
Stock Exchange Metropolitan Stock Exchange of India Limited
Equity Share Capital (Before Acquisition) 2,27,49,710 equity shares of Rs. 10 each

Additional Information

  • The acquirer, Perla Naga Pattabhi Ravikanth, does not belong to the promoter or promoter group of Samsrita Labs Limited.
  • The shares were allotted on July 18, 2025, and the disclosure was filed on July 21, 2025, in compliance with SEBI regulations.
  • This preferential allotment was conducted on a swap basis, indicating that the shares were issued in exchange for some other consideration, possibly assets or shares of another entity.

The acquisition represents a significant development for Samsrita Labs Limited, potentially influencing the company's ownership structure and future strategic decisions. Investors and market participants will likely monitor any further developments or changes in the company's direction following this substantial stake acquisition.

Historical Stock Returns for Samsrita Labs

1 Day5 Days1 Month6 Months1 Year5 Years
-4.46%-11.09%-8.95%+30.00%-24.32%-63.92%
Samsrita Labs
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Samsrita Labs Limited Allots 33.91 Lakh Equity Shares in Preferential Issue

1 min read     Updated on 21 Jul 2025, 05:04 PM
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Jubin VergheseScanX News Team
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Overview

Samsrita Labs Limited's board approved a preferential allotment of 33.91 lakh equity shares to non-promoters at Rs. 10 per share, raising Rs. 3.39 crore. Four individuals, led by Mallikarjun Rao Basaboini and Basaboini Malathi, acquired a combined 6.56% stake. The company's share capital increased from 1.48 crore to 2.28 crore equity shares, representing a 54.3% expansion. The allotment complies with SEBI regulations and significantly alters the company's ownership structure.

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Samsrita Labs Limited has announced a significant development in its shareholding structure through a preferential allotment of equity shares. The company's board of directors, in a meeting held on July 18, 2025, approved the issuance of 33.91 lakh equity shares to non-promoters, marking a substantial expansion of its equity base.

Key Details of the Preferential Allotment

Item Detail
Total Shares Allotted 33,91,000 equity shares
Face Value Rs. 10.00 per share
Issue Price Rs. 10.00 per share
Total Amount Raised Rs. 3,39,10,000.00

Notable Acquisitions

Among the allottees, four individuals have made substantial acquisitions:

  1. Mallikarjun Rao Basaboini: Acquired 5,00,000 shares (2.19% of total share capital)
  2. Basaboini Malathi: Acquired 5,00,000 shares (2.19% of total share capital)
  3. Mrinalini Basaboini: Acquired 2,50,000 shares (1.09% of total share capital)
  4. Mriganayani Basaboini: Acquired 2,50,000 shares (1.09% of total share capital)

Collectively, these four individuals, acting in concert, have acquired a total of 15,00,000 shares, representing 6.56% of the company's total share capital post-allotment.

Impact on Share Capital

Item Share Capital
Pre-Allotment Share Capital 1,48,08,706 equity shares of Rs. 10.00 each
Post-Allotment Share Capital 2,28,49,710 equity shares of Rs. 10.00 each

This preferential allotment has resulted in a significant increase in the company's total equity share capital, expanding it by approximately 54.3%.

Other Notable Allottees

Several other individuals have also participated in this preferential issue, including:

  • Sriram Kiran Kumar and Kondabattula Joel Vivek, each acquiring 3,00,000 shares
  • D V Appa Rao and Kondabattula Jnana Deep, each acquiring 2,00,000 shares
  • Nisha Jain and Pradeep Kumar Jain, each acquiring 1,50,000 shares

Regulatory Compliance

The company has made the necessary disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

It's worth noting that the acquirers, including Mallikarjun Rao Basaboini and the persons acting in concert, do not belong to the promoter group of Samsrita Labs Limited. Prior to this acquisition, none of these individuals held any shares in the company.

This preferential allotment represents a significant change in the ownership structure of Samsrita Labs Limited and may have implications for the company's future direction and governance.

Historical Stock Returns for Samsrita Labs

1 Day5 Days1 Month6 Months1 Year5 Years
-4.46%-11.09%-8.95%+30.00%-24.32%-63.92%
Samsrita Labs
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