Suprajit Engineering: Promoter Group Increases Stake Through Market Purchase

1 min read     Updated on 24 Feb 2026, 03:28 PM
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Reviewed by
Riya DScanX News Team
Overview

Supriyajith Family Trust, part of Suprajit Engineering's promoter group, acquired 34,000 shares worth ₹1,42,11,771 through open market purchases between February 18-24, 2026. This increased the trust's holding from 38.58% to 38.60%, with the company filing mandatory SEBI disclosures for the transaction.

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

Suprajit Engineering has disclosed that its promoter group entity, Supriyajith Family Trust, acquired additional equity shares through open market transactions, marginally increasing the promoter group's stake in the company. The transaction was completed between February 18-24, 2026, with the company filing mandatory regulatory disclosures.

Share Acquisition Details

The Supriyajith Family Trust, managed by K. Ajith Kumar Rai as Managing Trustee, purchased 34,000 equity shares of face value Re. 1 each through open market transactions. The acquisition was valued at ₹1,42,11,771, representing a marginal 0.02% increase in shareholding.

Parameter: Before Acquisition After Acquisition Change
Number of Shares: 5,29,18,209 5,29,52,209 +34,000
Shareholding %: 38.58% 38.60% +0.02%
Transaction Value: - ₹1,42,11,771 -

Regulatory Compliance

Suprajit Engineering filed disclosures under two key SEBI regulations following the share acquisition. The company submitted Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations 2015, along with disclosures under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2015.

Promoter Group Structure

The disclosure identifies the complete promoter group structure associated with the acquisition:

Primary Acquirer:

  • Supriyajith Family Trust

Persons Acting in Concert:

  • K. Ajith Kumar Rai (Chairman and Managing Trustee)
  • Supriya Ajith Rai
  • Akhilesh Rai
  • Ashutosh Rai
  • Aashish Rai
  • Ashishesh Trusteeship Services Private Limited

Transaction Timeline

Event: Date
Share Purchase Period: February 18-24, 2026
Company Intimation: February 24, 2026
Regulatory Filing: February 24, 2026

The company's total equity share capital remained unchanged at 13,71,71,147 shares following this transaction. The shares are listed on both BSE Limited and National Stock Exchange of India Limited. The acquisition represents a routine promoter group investment, maintaining their significant stake in the engineering company while complying with all applicable regulatory disclosure requirements.

Historical Stock Returns for Suprajit Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+1.29%+1.33%+2.00%-6.97%+4.36%+52.43%

Suprajit Engineering Chairman Acquires Additional 53,000 Shares Through Open Market

1 min read     Updated on 24 Feb 2026, 01:05 PM
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Reviewed by
Naman SScanX News Team
Overview

K. Ajith Kumar Rai, Chairman of Suprajit Engineering Limited, acquired 53,000 additional equity shares worth ₹2,20,25,546.19 through open market purchases between February 19-24, 2026. This increased his shareholding from 2.74% to 2.78%, with the company filing mandatory SEBI disclosures for the transaction. The acquisition demonstrates continued promoter confidence while maintaining the company's total equity share capital at 13,71,71,147 shares.

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Suprajit Engineering Limited has received regulatory disclosures from its Chairman K. Ajith Kumar Rai regarding the acquisition of additional equity shares through open market purchases. The transactions were completed between February 19-24, 2026, as per the mandatory filings under SEBI regulations.

Share Acquisition Details

The Chairman acquired 53,000 equity shares of face value Re.1/- each through open market transactions. The acquisition details are summarized below:

Parameter: Details
Shares Acquired: 53,000
Transaction Value: ₹2,20,25,546.19
Acquisition Period: February 19-24, 2026
Mode of Acquisition: Open Market
Exchange: NSE/BSE

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in the Chairman's shareholding percentage. The pre and post-acquisition holdings are detailed below:

Holding Period: Number of Shares Percentage Holding
Before Acquisition: 37,62,380 2.74%
After Acquisition: 38,15,380 2.78%
Change: +53,000 +0.04%

Regulatory Compliance

The company filed the necessary disclosures under multiple SEBI regulations:

  • Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations 2015
  • Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2015

The disclosures were signed by Medappa Gowda J, CFO & Company Secretary, and submitted to both BSE Limited and National Stock Exchange of India Limited on February 24, 2026.

Persons Acting in Concert

The disclosure identified several Persons Acting in Concert (PAC) with the acquirer:

  • Supriyajith Family Trust
  • Supriya Ajith Rai
  • Akhilesh Rai
  • Ashutosh Rai
  • Aashish Rai
  • Ashishesh Trusteeship Services Private Limited

Company Share Capital

The company's equity share capital structure remained unchanged following the acquisition:

Capital Structure: Details
Total Equity Shares: 13,71,71,147
Face Value per Share: Re.1/-
Diluted Share Capital: 13,71,71,147

The acquisition represents a routine increase in promoter shareholding through open market purchases, demonstrating continued confidence in the company's prospects by its leadership.

Historical Stock Returns for Suprajit Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+1.29%+1.33%+2.00%-6.97%+4.36%+52.43%

More News on Suprajit Engineering

1 Year Returns:+4.36%