GreenX Wealth Multihorizons Opportunity Fund has made a substantial acquisition in Vivid Mercantile Limited, acquiring 74,37,761 shares representing 7.42% of the company's total share capital through open market purchases on February 02, 2026.

Acquisition Details

The fund's shareholding increased significantly from its previous position of 4,00,000 shares (0.40%) to 78,37,761 shares (7.82%) following this acquisition. The transaction was conducted entirely through open market purchases, with no involvement of persons acting in concert (PAC).

Regulatory Compliance

The disclosure was filed under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. GreenX Wealth Multihorizons Opportunity Fund is classified as a non-promoter entity and does not belong to the promoter group of Vivid Mercantile Limited.

Fund Management Structure

The acquisition was executed by GreenX Wealth Multihorizons Opportunity Fund, which operates as a scheme under Greenx Wealth Empire. The fund is managed by Infinityx Investment Managers LLP, with Shilpaben Piyushbhai Mavani serving as the Designated Partner (DPIN: 11005637).

Company Information

Vivid Mercantile Limited is listed on BSE Limited with the script code VIVIDM (542046). The company has an equity share capital of Rs. 10,02,56,400 divided into 10,02,56,400 equity shares of Rs. 1 each. The company is headquartered in Ahmedabad, Gujarat.

The acquisition represents a significant investment by the fund in the company, crossing the substantial acquisition threshold that requires mandatory disclosure to stock exchanges and regulatory authorities.

In a series of significant corporate actions, three private companies have substantially increased their stakes in Vivid Mercantile Limited through off-market and open market transactions. The acquisitions, which took place between October 31 and November 7, 2025, have resulted in notable changes to the company's shareholding structure.

Key Acquisitions

Transaction Details

Veeram Barter Private Limited

Veeram Barter Private Limited acquired 81,25,000 equity shares (8.10%) of Vivid Mercantile Limited through off-market transactions on November 7, 2025. This acquisition increased their holding from 0.09% to 8.19%.

Veeram Vendors Private Limited

In a similar move, Veeram Vendors Private Limited purchased 75,75,000 equity shares (7.56%) through off-market transactions on the same date. This acquisition boosted their stake from 4.03% to 11.59%.

Kriyansh Gold Private Limited

Kriyansh Gold Private Limited took a slightly different approach, acquiring 63,25,822 equity shares (6.31%) through a combination of open market and off-market purchases. These transactions occurred between October 31 and November 7, 2025, increasing their holding from 5.71% to 12.02%.

Implications and Disclosures

All three acquiring entities are classified as non-promoter entities, indicating that these substantial purchases do not alter the promoter structure of Vivid Mercantile Limited. The company's total equity share capital remains unchanged at 10,02,56,400 shares.

The acquisitions have been duly reported to the BSE Limited and Vivid Mercantile Limited, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These disclosures ensure transparency in the significant changes to the company's shareholding pattern.

While the motives behind these substantial acquisitions remain undisclosed, such significant stake purchases often signal confidence in a company's prospects or potential strategic interests. Market observers and shareholders will likely be keen to see if these acquisitions lead to any changes in Vivid Mercantile's business strategy or operations in the coming months.