Acquiring Entities Increase Holding in Navigant Corporate Advisors Limited Through Open Market Purchase
Entities, including Alacrity Securities Limited and Genz Investment Advisors Private Limited, increased their stake in Navigant Corporate Advisors Limited through an open market purchase of shares carrying voting rights. The acquisition was completed on June 16, 2026.The acquiring parties are listed as Alacrity Securities Limited, Genz Investment Advisors Private Limited, Kruppa Mehta, Hiten R. Mehta, and Aikyata Advisory LLP. The entities are not associated with the Promoter group of Navigant Corporate Advisors Limited.
Transaction Overview
During the open market purchase, the combined holding of the acquirers in Navigant Corporate Advisors Limited increased significantly. Before the acquisition, the collective holding of shares carrying voting rights stood at 3,30,000 shares, which represented 10.47% of the total share/voting capital.
The transaction involved the purchase of 2,60,000 shares carrying voting rights. These shares were encumbered, meaning they were subject to pledge, lien, non-disposal undertaking, or other instruments. Following the acquisition, the acquirers' total holding increased to 5,90,000 shares, which accounts for 18.71% of the total diluted share/voting capital of Navigant Corporate Advisors Limited.
The mode of acquisition utilized was an open market purchase. The total equity share capital and total voting capital of Navigant Corporate Advisors Limited remained at 31,52,750 Equity Shares of Face Value of Rs.10/- Each before and after the said acquisition.
Acquirer Holdings Details
The transaction involved multiple parties, each contributing to the increase in holding. The following table details the holdings before and after the open market purchase:
| Share Metric | Before Acquisition (as on June 16, 2026) | Shares Acquired (June 16, 2026) | After Acquisition |
|---|---|---|---|
| Total Holding of Shares Carrying Voting Rights | 3,30,000 shares (10.47%) | 2,60,000 shares (8.25% of total share/voting capital) | 5,90,000 shares (18.71%) |
| Mode of Acquisition | N/A | Open Market purchase | N/A |
Details by Entity
The holdings and acquisitions are detailed as follows:
- Pre-acquisition holdings on June 16, 2026 included Alacrity Securities Limited holding 200,000 shares, Genz Investment Advisors Private Limited holding 70,000 shares, Kruppa Mehta holding 35,000 shares, and Hiten R. Mehta holding 25,000 shares.
- On June 16, 2026, the acquired shares were distributed across the entities: Genz Investment Advisors Private Limited acquired 120,000 shares; Aikyata Advisory LLP acquired 65,000 shares; Kruppa Mehta acquired 35,000 shares; and Hiten Mehta acquired 40,000 shares.
Stock Price Movement
At the close of trade on Wednesday, Navigant Corporate Advisors Ltd settled at ₹72.92, reflecting a decline of 4.99%. The stock exhibited zero intraday volatility, as it traded completely flat with both the high and low resting at ₹72.92.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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