Axentra Corp Limited (formerly Dugar Housing Developments Limited) conducted a board meeting on January 13, 2026, focusing on strategic positioning and potential acquisition opportunities. The meeting, which lasted 23 minutes from 3:00 pm to 3:23 pm, addressed the company's growth strategy in the current market environment.

Strategic Review and Market Assessment

The board of directors considered various aspects of the company's strategic positioning during the meeting. Management presented a comprehensive overview covering current market conditions, industry trends, and emerging growth opportunities. The discussion encompassed potential areas for business expansion and strategic initiatives to enhance the company's market presence.

Acquisition Strategy and Target Identification

A significant portion of the meeting focused on potential acquisitions as a growth strategy. The company outlined its approach to identifying and evaluating target companies that could complement its existing operations.

The management emphasized that the acquisition strategy aims to subsidize and optimize the company's available resources while expanding its operational scope. The identification process for potential target companies is currently underway, with the company committed to providing timely updates to stakeholders as developments occur.

Regulatory Compliance and Disclosure

Axentra Corp Limited filed the meeting outcome with BSE Limited under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains transparency in its strategic initiatives while adhering to regulatory disclosure requirements.

The board meeting reflects the company's proactive approach to strategic planning and growth opportunities in the evolving market landscape. Management's focus on acquisitions indicates a commitment to expanding the company's business portfolio through strategic partnerships and investments.

Axentra Corp Limited has witnessed a consolidation of promoter holdings as key stakeholders increased their ownership through a strategic share acquisition. The transaction, executed through a share purchase agreement between November 21 and December 23, demonstrates the promoters' continued confidence in the company's prospects.

Acquisition Details

Vinoth Kumar Mohanadas and Suseela Kumarappan, classified as persons acting in concert (PAC), have acquired additional equity shares in Axentra Corp Limited through transfer of equity shares pursuant to execution of share purchase agreement. This acquisition has raised their combined holding in the company from 60.82% to 61.83%.

Updated Shareholding Pattern

Following the acquisition, the promoters' combined stake in Axentra Corp Limited has increased significantly. The updated shareholding structure reflects a stronger promoter presence in the company's ownership.

Company Capital Structure

The acquisition did not alter Axentra Corp Limited's fundamental capital structure. The company maintains its equity share capital at ₹9.70 crores, comprising 97,00,000 equity shares with a face value of ₹10.00 each. The newly acquired shares rank pari passu with existing equity shares in all respects, including dividend rights.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring full compliance with regulatory requirements. The formal disclosure was filed with BSE Limited on December 24, where all necessary regulatory filings have been completed.

This strategic acquisition reinforces the promoters' commitment to Axentra Corp Limited while maintaining transparency through proper regulatory disclosures. The increased promoter holding provides stability to the company's ownership structure and demonstrates confidence in its future prospects.