Meta Infotech Promoter Venu Gopal Peruri Further Increases Stake to 69.41%

1 min read     Updated on 07 Mar 2026, 01:44 PM
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Reviewed by
Ashish TScanX News Team
Overview

Meta Infotech Limited disclosed that Promoter and Managing Director Venu Gopal Peruri acquired 27,200 equity shares through open market purchases on March 5-6, 2026, further increasing his stake from 69.26% to 69.41%. This follows earlier acquisitions of 1,60,800 shares in March, with the company maintaining regulatory compliance through proper SEBI disclosure filings.

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

Meta Infotech Limited has disclosed that its Promoter and Managing Director, Venu Gopal Peruri, has acquired additional equity shares of the company through multiple open market transactions. The latest acquisition was completed on BSE Limited over two trading sessions in March 2026, following previous purchases earlier in the month.

Latest Share Acquisition Details

The promoter acquired a total of 27,200 equity shares of face value INR 10 each through open market purchases on March 5-6, 2026. The acquisition was executed in two separate transactions:

Transaction Date: Shares Acquired
March 5, 2026: 5,600
March 6, 2026: 21,600
Total Latest Acquisition: 27,200

This follows the earlier acquisition of 1,60,800 shares on March 2 and March 4, 2026, bringing the total shares acquired in March to 1,88,000 equity shares.

Updated Shareholding Pattern

The latest acquisition has resulted in a further increase in the promoter's stake in the company. The current shareholding pattern shows:

Parameter: Before Latest Acquisition After Latest Acquisition Change
Number of Shares: 1,30,77,921 1,31,05,121 +27,200
Shareholding %: 69.26% 69.41% +0.15%

The company's total equity share capital remains unchanged at INR 18,88,14,000, comprising 1,88,81,400 equity shares of Rs. 10 each.

Regulatory Compliance and Documentation

Meta Infotech Limited has fulfilled its regulatory obligations by filing the necessary disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure was submitted to BSE Limited on March 6, 2026.

Company Secretary and Compliance Officer Komal Toshniwal signed the disclosure document on behalf of the company, while Venu Gopal Peruri provided his separate disclosure as the acquirer. Both documents were digitally signed and submitted to the stock exchange with timestamps showing submission on March 6, 2026.

Company Information

Meta Infotech Limited, incorporated with CIN L72100MH1998PLC117495, is listed on BSE Limited under company code METAINFO and scrip code 544441. The company is headquartered at 118/119, 1st Floor, Akruti Star, Opp Akruti Centre Point, MIDC, Andheri East, Mumbai. Venu Gopal Peruri serves as both Promoter and Managing Director of the company and is based in Mumbai.

Historical Stock Returns for Meta Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-14.15%-26.62%-59.61%-71.64%-71.64%

Meta Infotech Limited Secures Rs. 2.46 Crore Renewal Order from Financial Services Entity

1 min read     Updated on 24 Feb 2026, 04:41 PM
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Reviewed by
Shriram SScanX News Team
Overview

Meta Infotech Limited has secured a renewal order worth Rs. 2.46 crores from a domestic financial services entity for endpoint protection and cloud workload security licenses. The one-year contract runs from February 20, 2026 to February 19, 2027, with execution required within 15 days. The company disclosed this development under SEBI regulations, confirming it represents ordinary course business with no related party involvement.

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

Meta infotech Limited has announced securing a renewal order worth Rs. 2.46 crores from a domestic financial services sector entity. The company disclosed this development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The renewal order encompasses subscription of software licenses for endpoint protection and cloud workload security solutions. The contract period extends from February 20, 2026 to February 19, 2027, providing the company with a one-year engagement.

Parameter: Details
Order Value: Rs. 2.46 crores (excluding GST)
Client Type: Financial Services Sector Entity
Contract Duration: February 20, 2026 to February 19, 2027
Execution Timeline: Within 15 days
Nature: Domestic Contract

Service Scope and Implementation

The order specifically covers subscription of licenses for endpoint protection and cloud workload security services. These cybersecurity solutions are critical for financial services entities to protect their digital infrastructure and maintain regulatory compliance. The company emphasized that this order falls within the ordinary course of business operations.

Regulatory Compliance and Transparency

Meta Infotech Limited has fulfilled its disclosure obligations by providing comprehensive details as required under SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that:

  • No promoter or promoter group companies have any interest in the awarding entity
  • The contract does not fall within related party transactions
  • The order represents a standard business engagement

Corporate Governance

The disclosure was signed by Komal Toshniwal, Company Secretary and Compliance Officer (MNO: A53364), demonstrating the company's commitment to transparent corporate governance practices. The announcement was made to BSE Limited on February 24, 2026, ensuring timely communication with stakeholders and regulatory authorities.

Historical Stock Returns for Meta Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-14.15%-26.62%-59.61%-71.64%-71.64%

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1 Year Returns:-71.64%