NewsOrders & DealsJujhar Constructions Increases Stake in CDG Petchem Limited to 70.75% Through Share Purchase AgreementJujhar Constructions Increases Stake in CDG Petchem Limited to 70.75% Through Share Purchase Agreement
Jujhar Constructions and Travels Private Limited acquired 3,00,362 additional shares in CDG Petchem Limited on December 31, 2025, increasing its shareholding from 67.50% to 70.75% through an off-market share purchase agreement. This acquisition is part of a larger agreement dated April 8, 2025, where Jujhar Constructions will acquire control and become the new promoter of CDG Petchem Limited. The transaction was disclosed under SEBI regulations, with the company's total holdings now standing at 70,98,577 shares representing 70.99% of the diluted share capital.
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Jujhar Constructions and Travels Private Limited has filed a regulatory disclosure with BSE Limited regarding its substantial acquisition in CDG Petchem Limited, pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated January 2, 2026, details a significant increase in the company's shareholding through a structured acquisition process.
Share Acquisition Details
The acquisition involved 3,00,362 equity shares of CDG Petchem Limited, completed on December 31, 2025. This transaction was executed through a share purchase agreement in off-market mode pursuant to an open offer.
| Acquisition Parameter: | Details |
|---|---|
| Shares Acquired: | 3,00,362 equity shares |
| Acquisition Date: | December 31, 2025 |
| Mode: | Share Purchase Agreement (off-market) |
| Percentage Increase: | 3.25% of total share capital |
Shareholding Changes
The acquisition has resulted in a substantial change in Jujhar Constructions' ownership position in CDG Petchem Limited. The company's voting rights have increased significantly following this transaction.
| Shareholding Metric: | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Voting Shares: | 62,33,715 (67.50%) | 65,34,077 (70.75%) | +3,00,362 (+3.25%) |
| Warrants/Convertible Securities: | 5,64,500 (5.65%) | 5,64,500 (5.65%) | No change |
| Total Holdings: | 67,98,215 (67.96%) | 70,98,577 (70.99%) | +3,00,362 (+3.03%) |
Company Capital Structure
CDG Petchem Limited's equity share capital remained unchanged following this transaction. The company maintains its current capital structure with provisions for diluted share capital.
| Capital Details: | Amount |
|---|---|
| Current Equity Share Capital: | ₹9,23,55,000 (92,35,500 shares of ₹10 each) |
| Total Diluted Share Capital: | ₹10,00,00,000 (1,00,00,000 shares of ₹10 each) |
Regulatory Framework and Future Plans
This acquisition forms part of a comprehensive Share Purchase Agreement dated April 8, 2025, between Jujhar Constructions and the existing promoters of CDG Petchem Limited. Under this agreement, Jujhar Constructions is set to acquire control of the company and assume the role of new promoter.
The agreement encompasses the acquisition of 19,11,052 equity shares in total, with the balance 2,76,975 equity shares to be executed in due course. The current transaction represents a significant step toward completing this larger acquisition strategy.
Corporate Governance
The disclosure was signed by Arshdeep Singh Mundi, Director of Jujhar Constructions and Travels Private Limited (DIN: 03030608), ensuring compliance with regulatory requirements. CDG Petchem Limited's shares are listed on BSE Limited, and the company is headquartered in Hyderabad, Telangana.
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