Dinesh Makhija Increases Shareholding in Icon Facilitators Limited to 52.62%

1 min read     Updated on 09 Jan 2026, 05:39 PM
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Reviewed by
Naman SScanX News Team
Overview

Promoter Dinesh Makhija acquired 3,600 additional equity shares in Icon Facilitators Limited through open market purchase on January 8, 2026, increasing his shareholding from 52.57% to 52.62%. The transaction was disclosed to BSE Limited under SEBI takeover regulations, with the company maintaining its equity capital of ₹7.86 crores comprising 78.59 lakh shares of ₹10 face value each.

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

Promoter Dinesh Makhija has increased his shareholding in icon facilitators through an open market acquisition, according to a regulatory filing made with BSE Limited on January 9, 2026. The transaction involved the purchase of 3,600 equity shares on January 8, 2026, under the provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition represents a modest increase in Makhija's stake in the company. The following table summarizes the key transaction parameters:

Parameter: Details
Shares Acquired: 3,600 equity shares
Acquisition Mode: Open Market
Transaction Date: January 8, 2026
Filing Date: January 9, 2026
Acquirer Status: Promoter

Shareholding Changes

The acquisition resulted in a marginal increase in Makhija's voting rights in Icon Facilitators Limited. The shareholding comparison before and after the transaction is detailed below:

Shareholding Period: Number of Shares Percentage Holding
Before Acquisition: 41,32,500 shares 52.57%
Shares Acquired: 3,600 shares 0.05%
After Acquisition: 41,36,100 shares 52.62%

Company Capital Structure

Icon Facilitators Limited maintains a stable equity capital structure. The company's share capital details are as follows:

Capital Parameter: Amount/Details
Equity Share Capital: ₹7,85,96,000.00
Total Equity Shares: 78,59,600 shares
Face Value per Share: ₹10.00
Stock Exchange Listing: Bombay Stock Exchange Limited
BSE Scrip Code: 544426

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Makhija, identified as a promoter of the company, submitted the required documentation to BSE Limited, including detailed acquisition particulars and updated shareholding information. The filing confirms that no encumbrances, voting rights other than shares, or convertible securities were involved in this transaction.

Historical Stock Returns for Icon Facilitators

1 Day5 Days1 Month6 Months1 Year5 Years
+1.08%+2.80%+11.02%-22.33%-39.88%-39.88%
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Icon Facilitators Issues Postal Ballot Notice for ₹2.95 Crore Property Transaction

2 min read     Updated on 29 Dec 2025, 04:48 PM
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Reviewed by
Jubin VScanX News Team
Overview

Icon Facilitators Limited issued a postal ballot notice seeking shareholder approval for a ₹2.95 crore related party transaction to purchase immovable property from Director Ms. Pooja Makhiija and amendment to expand business scope. Remote e-voting is scheduled from January 7-February 5, 2026.

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Icon Facilitators Limited has issued a postal ballot notice dated January 6, 2026, seeking shareholder approval for a related party transaction worth ₹2.95 crore and amendment to its Memorandum of Association. The notice was submitted to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Details and Timeline

The company has scheduled remote e-voting for shareholders to approve two key resolutions through electronic voting facility provided by Central Depository Services Limited (CDSL).

Parameter: Details
E-voting Commencement: January 7, 2026 (9:00 AM IST)
E-voting End: February 5, 2026 (5:00 PM IST)
Cut-off Date: January 2, 2026
Result Declaration: On or before February 7, 2026
BSE Scrip Code: 544426

Related Party Transaction for Property Purchase

The first resolution seeks approval for purchasing immovable property from Ms. Pooja Makhiija, Director and Promoter of the company. The board approved this transaction on December 29, 2025, following recommendation from the Audit Committee.

Transaction Details: Information
Related Party: Ms. Pooja Makhiija
Relationship: Spouse of Mr. Dinesh Makhiija (Director & Promoter)
Transaction Value: ₹2.95 crore
Nature: Purchase of immovable property
Shares Held by Related Party: 8,24,847 equity shares
Resolution Type: Ordinary Resolution

The company currently operates from premises owned by Ms. Pooja Makhiija and incurs recurring rental expenses. The proposed acquisition aims to eliminate rental costs, provide long-term savings, and create a tangible asset to strengthen the balance sheet.

Memorandum of Association Amendment

The second resolution proposes alteration in the company's object clause to expand business activities beyond current technical and maintenance services.

Amendment Details: Information
New Business Scope: Technical, engineering, repair, maintenance services
Trading Activities: Machinery, tools, spare parts, components
Import/Export: Movable properties related to services
Resolution Type: Special Resolution
Purpose: Operational efficiency and cost optimization

The expanded scope includes trading, buying, selling, importing, and exporting movable properties including machinery, tools, spare parts, and components used in technical and maintenance services.

Regulatory Compliance and Voting Process

Mr. Raghav Bansal, Company Secretary in practice, has been appointed as Scrutinizer for conducting the postal ballot process. The company's Registrar and Share Transfer Agent, Maashitla Securities Private Limited, will facilitate the e-voting process.

Compliance Details: Information
Scrutinizer: Mr. Raghav Bansal (CP No. 14869)
RTA: Maashitla Securities Private Limited
Voting Method: Remote e-voting only
Notice Distribution: Electronic mode to registered email addresses
Company Secretary: Pooja (Compliance Officer)

Historical Stock Returns for Icon Facilitators

1 Day5 Days1 Month6 Months1 Year5 Years
+1.08%+2.80%+11.02%-22.33%-39.88%-39.88%
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