ASI Electric Mobility Acquires 5.07% Stake in Vani Commercials Through Preferential Allotment

1 min read     Updated on 07 Mar 2026, 04:08 PM
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Reviewed by
Ashish TScanX News Team
Overview

ASI Electric Mobility Private Limited acquired 14,91,666 shares (5.07% stake) in Vani Commercials Limited through preferential allotment on March 2, 2026. The acquirer previously held no shares in the BSE-listed company and does not belong to the promoter group. The transaction was disclosed under SEBI Regulation 29 for substantial acquisitions.

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

ASI Electric Mobility Private Limited has acquired a significant stake in vani commercials Limited through a preferential allotment, as disclosed under SEBI's substantial acquisition regulations. The transaction marks ASI Electric Mobility's entry as a stakeholder in the BSE-listed company.

Acquisition Details

The acquisition involved 14,91,666 shares of Vani Commercials Limited, completed on March 2, 2026. This represents 5.07% of both the total share capital and diluted share capital of the target company.

Parameter: Details
Shares Acquired: 14,91,666
Acquisition Date: March 2, 2026
Mode of Acquisition: Preferential Allotment
Percentage Stake: 5.07%
Stock Exchange: BSE Limited

Shareholding Position

Prior to this transaction, ASI Electric Mobility Private Limited held no shares in Vani Commercials Limited. The company had no existing voting rights, encumbrances, warrants, or convertible securities in the target company.

Holding Category: Before Acquisition After Acquisition
Shares with Voting Rights: NIL 14,91,666 (5.07%)
Encumbered Shares: NIL NIL
Voting Rights (Non-Share): NIL NIL
Warrants/Convertibles: NIL NIL
Total Holding: NIL 14,91,666 (5.07%)

Regulatory Compliance

The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. ASI Electric Mobility Private Limited confirmed that it does not belong to the promoter or promoter group of Vani Commercials Limited.

The equity share capital of Vani Commercials Limited after the acquisition stands at 14,91,666 shares, with the total diluted share capital also at the same level. The formal disclosure was signed by Manoj Kumar Garg on behalf of ASI Electric Mobility Private Limited on March 6, 2026, from New Delhi.

Historical Stock Returns for Vani Commercials

1 Day5 Days1 Month6 Months1 Year5 Years
-4.00%-4.22%-7.50%-24.30%-24.83%+342.56%

Novaxdigital Technologies Acquires 21.68% Stake in Vani Commercials Through Preferential Allotment

1 min read     Updated on 07 Mar 2026, 12:23 PM
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Reviewed by
Riya DScanX News Team
Overview

Novaxdigital Technologies and Services Limited has acquired 63,75,000 shares representing a 21.68% stake in Vani Commercials Limited through preferential allotment completed on March 2, 2026. The acquisition was disclosed under SEBI Regulation 29(1) for substantial acquisitions. Prior to this transaction, Novaxdigital held no shares in the target company, making this a fresh strategic investment. The acquirer does not belong to the promoter group of Vani Commercials Limited, which is listed on BSE Limited.

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

Vani Commercials Limited has disclosed a substantial acquisition by Novaxdigital Technologies and Services Limited under SEBI regulations. The transaction represents a significant stake acquisition through preferential allotment, marking Novaxdigital's entry as a substantial shareholder in the company.

Acquisition Details

Novaxdigital Technologies and Services Limited (formerly known as BS Energy Vehicle Limited) has acquired 63,75,000 shares in Vani Commercials Limited, representing a 21.68% stake in the company. The acquisition was completed through preferential allotment on March 2, 2026.

Parameter: Details
Acquiring Company: Novaxdigital Technologies and Services Limited
Target Company: Vani Commercials Limited
Shares Acquired: 63,75,000
Stake Percentage: 21.68%
Acquisition Mode: Preferential Allotment
Acquisition Date: March 2, 2026

Pre and Post Acquisition Holdings

Prior to this transaction, Novaxdigital held no shares in Vani Commercials Limited. The company had no voting rights, encumbrances, or convertible securities in the target company before the acquisition.

Holding Details: Before Acquisition After Acquisition
Shares with Voting Rights: NIL 63,75,000 (21.68%)
Encumbered Shares: NIL NIL
Voting Rights (other than shares): NIL NIL
Convertible Securities: NIL NIL
Total Holdings: NIL 63,75,000 (21.68%)

Regulatory Compliance

The disclosure has been made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Novaxdigital Technologies and Services Limited does not belong to the promoter or promoter group of Vani Commercials Limited. The target company's shares are listed on BSE Limited.

Company Background

Novaxdigital Technologies and Services Limited was formerly known as BS Energy Vehicle Limited. The acquisition represents the company's strategic investment in Vani Commercials Limited, establishing it as a significant stakeholder with substantial voting rights in the target company.

The formal disclosure was signed by an authorized signatory of Novaxdigital Technologies and Services Limited in New Delhi on March 6, 2026, completing the regulatory requirements for the substantial acquisition.

Historical Stock Returns for Vani Commercials

1 Day5 Days1 Month6 Months1 Year5 Years
-4.00%-4.22%-7.50%-24.30%-24.83%+342.56%

More News on Vani Commercials

1 Year Returns:-24.83%