Vani Commercials Limited has seen a significant increase in shareholding by Boolean Ventura Private Limited through a substantial open market acquisition. The transaction, which took place on September 4, 2025, saw Boolean Ventura acquire an additional 100,000 shares of Vani Commercials, boosting its stake from 13.797% to 24.927% of the company's total voting rights.

Transaction Details

The acquisition represents 11.13% of Vani Commercials' total share capital. According to the disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the details of the transaction are as follows:

Company Information

Vani Commercials Limited, listed on the BSE Limited, has a total equity share capital of 11,740,620 shares. The company's shares were acquired through open market transactions, as stated in the regulatory filing.

Acquirer Status

It's worth noting that Boolean Ventura Private Limited does not belong to the promoter or promoter group of Vani Commercials. This acquisition appears to be a strategic investment move by Boolean Ventura, significantly increasing its influence in the company.

Regulatory Compliance

The disclosure, dated September 8, 2025, was made in compliance with SEBI regulations, ensuring transparency in substantial share acquisitions. This prompt reporting aligns with the regulatory requirements for listed companies and their significant shareholders.

This substantial increase in Boolean Ventura's stake in Vani Commercials may potentially influence the company's future direction and decision-making processes, given the sizeable voting rights now held by the acquirer.

Vani Commercials Limited board of directors approved several key items at their meeting on August 12, 2025, including financial results and new appointments.

Q1 Financial Results Approved

The board approved the unaudited financial results for the quarter ended June 30, 2025. While specific figures were not disclosed, the company stated that the results and limited review report will be made available.

New Independent Director Appointed

Mr. Amit Kumar Chauhan was appointed as an Additional Director in the capacity of Non-Executive Independent Director, effective August 12, 2025. Mr. Chauhan brings over 6 years of experience in sales and marketing within the financial services industry, specializing in investment products, financial planning, and high-value client acquisition. His appointment is subject to shareholder approval at the upcoming Annual General Meeting.

New Secretarial Auditor

The board approved the appointment of M/s Shailendra Roy and Associates as the company's Secretarial Auditor for a term of 5 years, from April 1, 2025 to March 31, 2030, subject to shareholder approval. The firm is described as peer-reviewed with expertise in corporate laws.

Annual General Meeting Scheduled

Vani Commercials' 38th Annual General Meeting is scheduled for September 3, 2025 at 11:00 AM, to be held via video conferencing. Key dates include:

No dividend has been proposed for shareholders.

Other Notable Items

• The board approved converting certain existing loans into equity shares, subject to lender and shareholder approval.
• Management Discussion and Analysis Report for FY 2024-25 was approved.
• Various compliance reports and certificates were noted, including the MD & CFO certificate and corporate governance report.

The company advised that full details will be available in the AGM notice and annual report to be dispatched to shareholders.