Bhagwanji Narsi Patel Exits Antariksh Industries Limited with 25.85% Stake Sale

In a significant ownership change, Bhagwanji Narsi Patel has completely divested his stake in Antariksh Industries Limited , a company listed on the BSE. The transaction, executed through an off-market sale, marks a substantial shift in the company's shareholding structure.

Key Transaction Details

Aspect	Details
Seller	Bhagwanji Narsi Patel
Buyer	Mrs. Gitaben Nitinbhai Patel
Shares Sold	51,700
Stake Percentage	25.85%
Transaction Type	Off-market sale via Share Purchase Agreement
Agreement Date	July 03, 2025
Completion Date	November 04, 2025

Impact on Shareholding

Pre-sale Holding: Bhagwanji Narsi Patel held a 25.85% stake in the company.
Post-sale Holding: His stake has reduced to 0.00%, marking a complete exit from the company's ownership.

Company Overview

Antariksh Industries Limited, listed on the BSE, has a total equity share capital structure as follows:

Aspect	Details
Total Equity Share Capital	20,00,000
Number of Equity Shares	2,00,000
Face Value per Share	10.00

Subsequent Developments

Following this transaction, Mrs. Gitaben Nitinbhai Patel, the buyer, launched an open offer to acquire additional shares from the public shareholders. The open offer details include:

Offer Size: Up to 52,000 fully paid-up equity shares (26.00% of voting share capital)
Offer Price: Rs. 96.00 per equity share
Offer Period: October 03, 2025 to October 16, 2025

The open offer resulted in the acquisition of 47,199 shares, slightly below the maximum offer size. This, combined with the shares acquired from Bhagwanji Narsi Patel, has positioned Mrs. Gitaben Nitinbhai Patel as a significant shareholder in Antariksh Industries Limited.

Post-Transaction Shareholding Structure

Shareholder	Number of Shares	Percentage Holding
Mrs. Gitaben Nitinbhai Patel	1,50,599	75.30%
Public Shareholders	49,401	24.70%

This transaction and subsequent open offer have reshaped the ownership structure of Antariksh Industries Limited, with Mrs. Gitaben Nitinbhai Patel emerging as the majority shareholder and new promoter of the company.

Investors and market participants are advised to take note of this significant change in the company's shareholding pattern, as it may influence future strategic decisions and direction of Antariksh Industries Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	0.0%	0.0%	-100.00%

Antariksh Industries Limited (INE825M01017) has concluded its open offer, resulting in DA Financial Services successfully acquiring a significant stake in the company. The offer, which ran from October 1 to October 16, 2025, marked a substantial change in Antariksh Industries' ownership structure.

Key Details of the Open Offer

Aspect	Details
Shares Acquired	52,000 equity shares
Offer Price	Rs. 96.00 per share
Percentage of Voting Share Capital	26.00%
Offer Period	October 1 - October 16, 2025
Payment Completion Date	October 28, 2025
Shares Tendered and Accepted	52,000

Shareholding Structure Post-Acquisition

Shareholder Category	Percentage Holding
Acquirer (DA Financial Services)	51.70%
Public Shareholding	48.30%

The open offer was conducted in compliance with SEBI takeover regulations, demonstrating adherence to regulatory requirements in the acquisition process.

Offer Management

DA Financial Services managed the open offer, overseeing the entire process from announcement to completion. Purva Sharegistry served as the registrar for the offer, handling the technical aspects of share transfer and documentation.

This acquisition represents a significant shift in Antariksh Industries' ownership structure, with DA Financial Services now holding a majority stake. The successful completion of the open offer may lead to changes in the company's strategic direction and governance.

Investors and market watchers will likely monitor Antariksh Industries closely in the coming months to observe any potential changes in the company's operations or performance following this substantial change in ownership.