Axentra Corp Limited Promoters Increase Stake to 61.83% Through Share Purchase
Axentra Corp Limited witnessed promoter stake consolidation as Vinoth Kumar Mohanadas and Suseela Kumarappan acquired additional equity shares through a share purchase agreement, raising their combined holding from 60.82% to 61.83%. The acquisition was completed between November 21-December 23 and disclosed under SEBI regulations on December 24.

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Axentra Corp Limited has witnessed a consolidation of promoter holdings as key stakeholders increased their ownership through a strategic share acquisition. The transaction, executed through a share purchase agreement between November 21 and December 23, demonstrates the promoters' continued confidence in the company's prospects.
Acquisition Details
Vinoth Kumar Mohanadas and Suseela Kumarappan, classified as persons acting in concert (PAC), have acquired additional equity shares in Axentra Corp Limited through transfer of equity shares pursuant to execution of share purchase agreement. This acquisition has raised their combined holding in the company from 60.82% to 61.83%.
| Acquirer: | Shares Acquired | Percentage Acquired |
|---|---|---|
| Vinoth Kumar Mohanadas | 88,154 | 0.91% |
| Suseela Kumarappan | 9,795 | 0.10% |
Updated Shareholding Pattern
Following the acquisition, the promoters' combined stake in Axentra Corp Limited has increased significantly. The updated shareholding structure reflects a stronger promoter presence in the company's ownership.
| Promoter: | Previous Holding | Current Holding | Increase |
|---|---|---|---|
| Vinoth Kumar Mohanadas | 54.74% | 55.65% | 0.91% |
| Suseela Kumarappan | 6.08% | 6.18% | 0.10% |
| Combined Holding | 60.82% | 61.83% | 1.01% |
Company Capital Structure
The acquisition did not alter Axentra Corp Limited's fundamental capital structure. The company maintains its equity share capital at ₹9.70 crores, comprising 97,00,000 equity shares with a face value of ₹10.00 each. The newly acquired shares rank pari passu with existing equity shares in all respects, including dividend rights.
Regulatory Compliance
The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring full compliance with regulatory requirements. The formal disclosure was filed with BSE Limited on December 24, where all necessary regulatory filings have been completed.
This strategic acquisition reinforces the promoters' commitment to Axentra Corp Limited while maintaining transparency through proper regulatory disclosures. The increased promoter holding provides stability to the company's ownership structure and demonstrates confidence in its future prospects.




























