Visagar Financial Services and Associates Reduce Stake in Vantage Knowledge Academy

1 min read     Updated on 08 Nov 2025, 11:21 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Visagar Financial Services Limited and its associates have reduced their stake in Vantage Knowledge Academy Limited by 2.32% through open market transactions between October 7 and November 4, 2025. Visagar Financial Services sold 4,730,000 shares (1.38%), while Sheetal Kothari sold 3,225,000 shares (0.94%). The group's total holding decreased from 22.67% to 20.35%, with their shareholding now at 69,458,080 shares. Post-sale, Sagar Portfolio Services Limited holds the largest stake among the group at 5.93%.

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Vantage Knowledge Academy Limited has reported a significant reduction in stake by Visagar Financial Services Limited and its associates through a series of open market transactions. The sales, which took place between October 7 and November 4, 2025, resulted in a 2.32% reduction in their combined shareholding.

Details of the Stake Reduction

Seller Shares Sold Percentage Reduction
Visagar Financial Services 4,730,000 1.38%
Sheetal Kothari 3,225,000 0.94%
Total 7,955,000 2.32%

Transaction Timeline

The sales were executed across multiple dates, with varying quantities. Some of the notable transactions include:

  • October 27, 2025: Visagar Financial Services sold 950,000 shares
  • October 29, 2025: Sheetal Kothari sold 950,000 shares

Impact on Shareholding

Following these transactions, the group's total holding in Vantage Knowledge Academy has decreased:

Metric Before Sale After Sale
Total Shares Held 77,413,080 69,458,080
Percentage Stake 22.67% 20.35%

Shareholding Breakdown Post-Sale

The current shareholding of Visagar Financial Services and its associates in Vantage Knowledge Academy is as follows:

Shareholder Shares Held Percentage Stake
Sagar Portfolio Services Limited 20,250,000 5.93%
Asha Tilokchand Kothari 13,041,150 3.82%
Tilokchand Manaklal Kothari 9,000,000 2.64%
Sagar Tilokchand Kothari 9,000,000 2.64%
Surbhi Sagar Kothari 9,000,000 2.64%
Sheetal Kothari 5,775,000 1.69%
Visagar Financial Services Limited 3,391,930 0.99%

This reduction in stake by Visagar Financial Services and its associates was reported to the Bombay Stock Exchange in compliance with SEBI regulations.

Vantage Knowledge Academy Announces Key Leadership Changes and Auditor Appointment at 12th AGM

2 min read     Updated on 03 Oct 2025, 07:19 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Vantage Knowledge Academy Limited announced key changes following its 12th AGM on September 30, 2025. Mrs. Neeta Rajesh Dedhia was re-appointed as director. Mr. Rajesh Chapsi Dedhia, previously COO, was appointed as Executive Director. The company also appointed M/s. Ramesh Chandra Bagdi and Associates as Secretarial Auditor for a five-year term. All resolutions passed with over 99.99% shareholder approval.

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Vantage Knowledge Academy Limited , a prominent player in the education sector, has made significant announcements following its 12th Annual General Meeting (AGM) held on September 30, 2025. The company has reshuffled its leadership and appointed a new secretarial auditor, signaling a strategic move to strengthen its corporate governance and operational efficiency.

Leadership Changes

The AGM saw the re-appointment of Mrs. Neeta Rajesh Dedhia as a director of the company. Mrs. Dedhia, who was retiring by rotation, has been re-elected to continue her role on the board. With over 10 years of rich industrial experience, she is well-versed in handling corporate affairs and financial matters of the company.

In a notable development, Mr. Rajesh Chapsi Dedhia has been appointed as an Executive Director of Vantage Knowledge Academy, effective September 30, 2025. Mr. Dedhia, a Chartered Accountant by profession, brings over 25 years of experience in finance, accounts, auditing, taxation, and corporate governance to his new role. He has been serving as the company's Chief Operating Officer and is now set to take on additional responsibilities as an Executive Director.

Family Ties in Management

It's worth noting that Mr. Rajesh Chapsi Dedhia is the spouse of Mrs. Neeta Rajesh Dedhia, who serves as the Managing Director of the company. This family connection in the top management positions highlights the closely-held nature of the company's leadership structure.

New Secretarial Auditor

In another significant move, the company has appointed M/s. Ramesh Chandra Bagdi and Associates as its Secretarial Auditor for a five-year term, spanning from FY 2025-26 to 2029-2030. The firm, headed by CS Ramesh Chandra Bagdi, brings over two decades of experience in corporate laws, securities regulations, and corporate governance advisory. Their expertise is expected to enhance the company's compliance and governance practices.

Shareholder Approval

The voting results from the AGM indicate strong shareholder support for these changes. All resolutions, including the appointment of Mr. Rajesh Chapsi Dedhia as Executive Director and the appointment of the new Secretarial Auditor, were passed with an overwhelming majority. The e-voting results show that over 99.99% of the votes cast were in favor of these resolutions.

Conclusion

These strategic appointments and re-elections at Vantage Knowledge Academy Limited reflect the company's commitment to maintaining strong leadership and improving its corporate governance structure. As the education sector continues to evolve, these changes are likely aimed at positioning the company for future growth and ensuring compliance with regulatory requirements.

Investors and stakeholders will be watching closely to see how these leadership changes and the new auditor appointment will impact the company's performance and governance in the coming years.

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