Vidarbha Tradelinks Boosts Stake in Tashi India Through NCLT-Approved Share Transfer
Vidarbha Tradelinks Private Limited (VTPL) has increased its shareholding in Tashi India Limited from 13.28% to 21.09% through an inter-se transfer of 58,000 shares (7.81% of diluted share capital) from Bajaj Exports Private Limited. This NCLT-approved transfer, executed under SEBI SAST Regulations, involved no monetary consideration. Bajaj Exports has completely exited its position in Tashi India Limited as a result of this transaction.

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Tashi India Limited has undergone a significant change in its ownership structure as Vidarbha Tradelinks Private Limited (VTPL) increased its shareholding through an inter-se transfer of shares. This transfer was part of an NCLT-approved Scheme of Arrangement and involved no monetary consideration.
Key Details of the Transaction
Aspect | Details |
---|---|
Acquirer | Vidarbha Tradelinks Private Limited |
Seller | Bajaj Exports Private Limited |
Target Company | Tashi India Limited |
Shares Acquired | 58,000 |
Acquisition Percentage | 7.81% of diluted share capital |
Regulatory Framework | Regulation 10(1)(d)(iii) of SEBI SAST Regulations, 2011 |
Impact on Shareholding
Shareholder | Pre-Transaction | Post-Transaction |
---|---|---|
Vidarbha Tradelinks Pvt Ltd | 98,599 (13.28%) | 156,599 (21.09%) |
Bajaj Exports Pvt Ltd | 58,000 (7.81%) | 0 (0.00%) |
The transfer has resulted in a significant shift in the ownership structure of Tashi India Limited. Vidarbha Tradelinks has increased its stake from 13.28% to 21.09%, while Bajaj Exports has completely exited its position in the company.
Regulatory Compliance
The transaction was executed under Regulation 10(1)(d)(iii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation exempts the acquirer from making an open offer, as the transfer is part of an inter-se transfer among qualifying persons.
VTPL has duly filed the required disclosures with the BSE Limited, adhering to Regulation 10(6) of the SEBI SAST Regulations. The company has also informed the stock exchange about the transaction details and the resulting changes in shareholding patterns.
Implications
This share transfer, sanctioned by the National Company Law Tribunal (NCLT), represents a significant corporate action for Tashi India Limited. While the immediate impact on the company's operations may be limited, the change in ownership structure could potentially influence future strategic decisions and corporate governance.
Investors and market participants should note that such inter-se transfers, while not involving direct market transactions, can still have implications for the company's ownership dynamics and potentially its long-term strategic direction.
Historical Stock Returns for Tashi
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -100.00% |