Continental Securities Promoter Raj Khuteta Acquires 6.79L Shares via Gift

2 min read     Updated on 17 Dec 2025, 01:46 PM
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Reviewed by
Naman SScanX News Team
Overview

Continental Securities Limited announced that promoter group member Raj Khuteta acquired 6,79,035 equity shares through a gift transaction on December 16, 2025. The acquisition was disclosed under SEBI Regulation 29(1) and 29(2) with complete regulatory compliance, including details of persons acting in concert and the company's total share capital of 5,85,06,000 shares.

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Continental Securities Limited has announced a significant share acquisition by promoter group member Raj Khuteta, demonstrating continued confidence in the company's prospects. The transaction was formally disclosed through comprehensive regulatory documentation submitted to the Bombay Stock Exchange under SEBI substantial acquisition regulations.

Share Acquisition Transaction

Raj Khuteta, identified as a promoter group member, completed the acquisition of equity shares in Continental Securities Limited through a gift transaction. The acquisition details are outlined below:

Parameter: Details
Acquirer: Raj Khuteta (Promoter Group)
Shares Acquired: 6,79,035 equity shares
Acquisition Date: December 16, 2025
Disclosure Date: December 16, 2025
Company Scrip Code: 538868
Security ID: CSL
Mode of Acquisition: By way of gift

Regulatory Compliance Framework

The disclosure was made under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Continental Securities Limited received the formal disclosure from Raj Khuteta and promptly submitted the required documentation to BSE Limited on December 7, 2025.

The regulatory submission included comprehensive details of the acquisition with proper documentation ensuring full compliance with substantial acquisition regulations. The disclosure was executed by Raj Khuteta as the authorized signatory from Jaipur on December 16, 2025.

Share Capital Structure

Following the acquisition, the company's share capital structure reflects the updated holdings:

Parameter: Details
Total Equity Share Capital: 5,85,06,000 shares
Total Voting Capital: 5,85,06,000 shares
Total Diluted Share Capital: 5,85,06,000 shares
Stock Exchange: BSE Limited

Persons Acting in Concert

The disclosure documentation includes details of persons acting in concert (PACs) with the acquirer, comprising multiple individuals and entities associated with the promoter group. The comprehensive list includes family members and related commercial entities, demonstrating the structured nature of the promoter group holdings.

Corporate Information

Continental Securities Limited operates with its registered office located at Flat No. 301, Metro Plaza, Parivahan Marg, Jaipur-302001, Rajasthan. The company maintains its listing on BSE Limited with scrip code 538868 and security identifier CSL.

The acquisition represents a substantial investment by the promoter group, reinforcing their commitment to the company's growth trajectory. The transaction was completed and disclosed within the prescribed regulatory timeline, demonstrating the company's adherence to governance standards and transparency requirements under SEBI regulations.

Historical Stock Returns for Continental Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+2.69%+20.94%-1.67%-10.50%-41.38%+416.42%
Continental Securities
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Continental Securities Plans Expansion into Mutual Funds and PMS

1 min read     Updated on 18 Nov 2025, 10:15 PM
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Reviewed by
Riya DScanX News Team
Overview

Continental Securities Limited announces plans to diversify its business operations. The company will form wholly-owned subsidiaries to focus on mutual fund AUM acquisition, portfolio management services, and AIF distribution. They've set a target of ₹100.00 crore for mutual fund AUM. Additionally, the company plans to expand its gold loan division by establishing more branches.

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Continental Securities Limited has announced plans to diversify its business operations, focusing on mutual funds, portfolio management services (PMS), and alternative investment funds (AIF) distribution.

Subsidiary Formation for Business Expansion

The company intends to form wholly-owned subsidiary companies to spearhead its expansion into new financial services sectors. These subsidiaries will focus on:

  1. Mutual fund AUM acquisition
  2. Portfolio Management Services
  3. AIF distribution services

Targeted Growth in Mutual Fund AUM

Continental Securities has set a specific target for its mutual fund business:

Target Amount
Mutual Fund AUM ₹100.00 crore

This goal underscores the company's aim to establish a presence in the mutual fund industry.

Gold Loan Division Expansion

As part of its diversification strategy, Continental Securities also plans to expand its gold loan division. The company aims to establish additional branches, potentially increasing its geographical footprint and customer base in the gold loan segment.

Strategic Implications

This multi-pronged expansion strategy signals Continental Securities' intent to transform into a more comprehensive financial services provider. By diversifying into mutual funds, PMS, and AIF distribution, the company is positioning itself to capture a larger share of the wealth management market in India.

The planned expansion into these new business areas, coupled with the growth of its existing gold loan division, could potentially lead to increased revenue streams and a more diversified business model for Continental Securities Limited.

Investors and market watchers will likely monitor how effectively the company executes these plans and the impact on its financial performance in the coming quarters.

Historical Stock Returns for Continental Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+2.69%+20.94%-1.67%-10.50%-41.38%+416.42%
Continental Securities
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