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































