Puretrop Fruits Promoter Reduces Shareholding by 1.53% Through Open Market Sale

1 min read     Updated on 30 Jan 2026, 10:15 AM
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Overview

Puretrop Fruits Limited disclosed that promoter Mayank Ramesh Tandon sold 1,21,794 equity shares through open market transactions on January 27-28, 2026. The sale reduced his shareholding from 4.16% to 2.63%, representing a 1.53% decrease in the company's total share capital. The company's equity capital structure of ₹7,96,99,020 consisting of 79,69,902 shares with ₹10 face value remained unchanged. The disclosure was made under SEBI regulations and filed with BSE Limited on January 29, 2026.

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

Puretrop Fruits Limited (formerly Freshtrop Fruits Limited) has disclosed a substantial reduction in promoter shareholding through open market transactions conducted in January 2026. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Mayank Ramesh Tandon, a promoter of the company, executed the sale of equity shares through two separate transactions on consecutive days. The following table summarizes the key transaction parameters:

Parameter: Details
Total Shares Sold: 1,21,794
Transaction Dates: January 27, 2026 and January 28, 2026
Mode of Sale: Open market transactions
Percentage Reduction: 1.53%

Shareholding Changes

The transactions resulted in a significant reduction in the promoter's stake in the company. The detailed breakdown of shareholding changes is presented below:

Shareholding Position: Before Transaction After Transaction Change
Number of Shares: 3,31,794 2,10,000 -1,21,794
Percentage Holding: 4.16% 2.63% -1.53%
Diluted Basis: 4.16% 2.63% -1.53%

Transaction Breakdown

The sale was executed in two phases over consecutive trading days:

  • January 27, 2026: Sale of 61,794 shares, reducing holding from 4.16% to 3.39%
  • January 28, 2026: Sale of 60,000 shares, further reducing holding from 3.39% to 2.63%

Company Capital Structure

The company's equity share capital structure remained unchanged following these transactions:

Capital Parameter: Details
Total Equity Capital: ₹7,96,99,020
Number of Shares: 79,69,902
Face Value per Share: ₹10
Listing Exchange: BSE Limited
Scrip Code: 530077

Regulatory Compliance

The disclosure was filed by Ashok Vishindas Motiani on behalf of all promoters and promoter group members of Puretrop Fruits Limited. The company secretary Preeti Jaiswar submitted the required documentation to BSE Limited on January 29, 2026, ensuring compliance with SEBI regulations for substantial shareholding changes. The transactions involved no encumbrances, voting rights other than shares, or convertible securities.

Historical Stock Returns for Puretrop Fruits

1 Day5 Days1 Month6 Months1 Year5 Years
+0.03%+0.86%+0.22%+42.73%+47.99%+141.63%

Suraj Industries Announces Rights Call Record Date; Puretrop Fruits Initiates Postal Ballot Process

3 min read     Updated on 21 Jan 2026, 05:10 PM
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Reviewed by
Riya DScanX News Team
Overview

Suraj Industries Limited has announced January 27, 2026 as the record date for the first call of ₹10.00 on 2,99,25,394 partly paid-up rights equity shares allotted in November 2025. Puretrop Fruits Limited has initiated a postal ballot process for shareholder approval on a ₹22.00 crore share buyback program and CEO appointment, with e-voting scheduled from January 21 to February 19, 2026. SBI Factors Limited reported quarterly results with total income of ₹7,092 lakhs and net profit of ₹2,004 lakhs for Q3 FY26.

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

Puretrop Fruits Limited and Suraj Industries Limited have announced significant corporate developments, with both companies making important announcements regarding shareholder actions and corporate governance matters.

Suraj Industries Rights Call Announcement

Suraj Industries Limited has established January 27, 2026 as the record date for its first call on partly paid-up rights equity shares. The company will determine eligible shareholders for the first call payment on this date.

Parameter: Details
Record Date: January 27, 2026
First Call Amount: ₹10.00 per share
Face Value Adjustment: ₹2.50
Securities Premium: ₹7.50
Outstanding Shares: 2,99,25,394
Share Face Value: ₹10.00 (₹2.50 paid-up)
Original Allotment Date: November 10, 2025

The rights equity shares were originally allotted on a rights basis pursuant to the Letter of Offer dated October 09, 2025. Shareholders whose names appear on the register as of the record date will receive the first call notice for payment.

Puretrop Fruits Postal Ballot Process

Puretrop Fruits Limited has initiated a comprehensive postal ballot process to seek shareholder approval on two critical resolutions. The company sent the postal ballot notice via email on January 20, 2026 to all eligible members.

Key Voting Details

Parameter: Details
Cut-off Date: January 9, 2026
E-voting Start: January 21, 2026 at 9:00 AM
E-voting End: February 19, 2026 at 5:00 PM
Results Declaration: On or before February 20, 2026
Scrutinizer: Mr. Manoj Hurkat, Practicing Company Secretary

Resolution Details

The postal ballot covers two special resolutions requiring shareholder approval:

Resolution 1 - Share Buyback Program:

  • Buyback of up to 11,00,000 fully paid-up equity shares
  • Face value of ₹10.00 per share (representing 13.80% of total equity)
  • Buyback price of ₹200.00 per equity share
  • Total consideration not exceeding ₹22,00,00,000 (excluding transaction costs)
  • Implementation through tender offer route via stock exchange mechanism

Resolution 2 - CEO Appointment:

  • Appointment of Ms. Dipti Motiani as Chief Executive Officer
  • Term of 5 years effective from March 1, 2026
  • Ms. Dipti Motiani is the daughter of Managing Director Mr. Ashok Motiani and Whole-time Director Mrs. Nanita Motiani

SBI Factors Financial Performance

SBI Factors Limited reported its financial results for the quarter ended December 31, 2025, showing steady operational performance across key metrics.

Metric: Q3 FY26 Q2 FY26 Q3 FY25
Total Income: ₹7,092 lakhs ₹7,856 lakhs ₹6,043 lakhs
Net Profit (Before Tax): ₹2,751 lakhs ₹2,135 lakhs ₹1,847 lakhs
Net Profit (After Tax): ₹2,004 lakhs ₹1,571 lakhs ₹1,599 lakhs
Earnings Per Share: ₹1.25 ₹0.98 ₹1.00
Net Worth: ₹56,659 lakhs ₹54,654 lakhs ₹49,251 lakhs

For the nine months ended December 31, 2025, SBI Factors achieved total income of ₹22,455 lakhs compared to ₹16,568 lakhs in the corresponding period of the previous year. The company's debt-equity ratio stood at 4.92 as of December 31, 2025.

Corporate Governance and Compliance

Both Suraj Industries and Puretrop Fruits have demonstrated adherence to regulatory requirements in their respective announcements. Suraj Industries' rights call process follows standard procedures for partly paid-up shares, while Puretrop Fruits' postal ballot complies with Companies Act provisions and SEBI listing regulations.

The companies have engaged appropriate professionals for oversight, with Puretrop Fruits appointing a qualified scrutinizer to ensure transparent voting processes. All documentation and voting procedures follow prescribed regulatory frameworks for corporate actions and shareholder approvals.

Historical Stock Returns for Puretrop Fruits

1 Day5 Days1 Month6 Months1 Year5 Years
+0.03%+0.86%+0.22%+42.73%+47.99%+141.63%

More News on Puretrop Fruits

1 Year Returns:+47.99%