Nutricircle Promoter Hitesh Patel Increases Stake to 62.61% Through Preferential Allotment

1 min read     Updated on 16 Feb 2026, 06:25 PM
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Overview

Hitesh Mohanlal Patel, promoter of Nutricircle Limited, acquired 11,00,000 additional equity shares through preferential allotment on February 13, 2026, increasing his shareholding from 58.50% to 62.61%. The acquisition expanded the company's total share capital from 1,00,00,000 to 1,11,00,000 equity shares of Rs. 10 face value each. The disclosure was filed under SEBI regulations on February 14, 2026.

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

Promoter Hitesh Mohanlal Patel has strengthened his position in nutricircle by acquiring additional equity shares through a preferential allotment. The transaction, completed on February 13, 2026, resulted in a significant increase in his shareholding percentage in the company.

Share Acquisition Details

Patel acquired 11,00,000 equity shares through preferential allotment, representing 9.91% of the company's expanded share capital. This acquisition increased his total shareholding from 58,50,000 shares to 69,50,000 shares.

Parameter Before Acquisition After Acquisition Change
Number of Shares 58,50,000 69,50,000 +11,00,000
Shareholding % 58.50% 62.61% +4.11%
Acquisition % - 9.91% -

Impact on Share Capital

The preferential allotment resulted in an expansion of Nutricircle's total equity share capital. The company's share capital increased from 1,00,00,000 equity shares to 1,11,00,000 equity shares, each with a face value of Rs. 10.

Share Capital Details Before Allotment After Allotment
Total Equity Shares 1,00,00,000 1,11,00,000
Face Value per Share Rs. 10 Rs. 10
Total Share Capital Value Rs. 10,00,00,000 Rs. 11,10,00,000

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on February 14, 2026. Patel confirmed his status as a promoter of the company in the filing submitted to BSE Limited, where Nutricircle's shares are listed under BSE Code 530219.

Transaction Summary

The preferential allotment represents a strategic move by the promoter to increase his stake in the company. With this acquisition, Patel has consolidated his position as a major shareholder, moving from a 58.50% holding to 62.61% of the total voting capital. The transaction was executed through preferential allotment mode, indicating a direct issuance of shares to the promoter rather than market purchases.

Nutricircle Limited: Ramesh Chandra Mishra and PAC Reduce Stake to 14.55% Through Off-Market Sale

1 min read     Updated on 16 Feb 2026, 09:14 AM
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Reviewed by
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Overview

Ramesh Chandra Mishra and PAC Sumita Mishra have reduced their stake in Nutricircle Limited from 16.25% to 14.55% through an off-market sale of 1,70,000 shares representing 1.7% of total voting capital. The transactions occurred on February 11 and 13, 2026, with regulatory disclosure filed under SEBI takeover regulations. The company's total share capital remains unchanged at 1,00,00,000 equity shares of Rs. 10 face value each.

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

Nutricircle Limited has received a regulatory disclosure from Ramesh Chandra Mishra and his Person Acting in Concert (PAC) Sumita Mishra regarding a reduction in their shareholding. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was submitted on February 13, 2026.

Transaction Details

The disclosure reveals an off-market sale of equity shares that resulted in a decrease in the combined holding of Ramesh Chandra Mishra and Sumita Mishra. The transaction involved the sale of 1,70,000 shares, representing 1.7% of the company's total voting capital.

Transaction Parameter: Details
Shares Sold: 1,70,000
Percentage of Total Capital: 1.7%
Transaction Mode: Off Market
Sale Dates: Ramesh Chandra Mishra - February 11, 2026
Sumita Mishra - February 13, 2026

Shareholding Pattern Changes

The transaction resulted in a significant change in the shareholding pattern of the acquirer group. Prior to this sale, Ramesh Chandra Mishra and PAC held a substantial stake in the company.

Shareholding Details: Before Transaction After Transaction Change
Number of Shares: 16,25,369 14,55,369 -1,70,000
Percentage Holding: 16.25% 14.55% -1.7%
Voting Rights: 16.25% 14.55% -1.7%

Company Capital Structure

Nutricircle Limited maintains a stable capital structure with no changes reported in the total equity share capital following this transaction. The company's shares are listed on BSE Limited under the code 530219.

Capital Structure: Details
Total Equity Shares: 1,00,00,000
Face Value per Share: Rs. 10
Total Share Capital: Rs. 10,00,00,000
Stock Exchange: BSE Limited
BSE Code: 530219

Regulatory Compliance

The disclosure confirms that Ramesh Chandra Mishra and Sumita Mishra do not belong to the promoter or promoter group of Nutricircle Limited. The filing was made in compliance with SEBI regulations governing substantial acquisition and disposal of shares, ensuring transparency in shareholding changes above the prescribed thresholds.

The transaction documentation was signed by Ramesh Chandra Mishra on behalf of the PAC from Mumbai, with all required disclosures submitted to both BSE Limited and the company's compliance officer in Hyderabad.

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