Acquisition Details: Tejassvi Aaharam Ltd Receives 4.2 Million Shares Through Preferential Allotment
Tejassvi Aaharam Ltd has completed the acquisition of new equity through a preferential allotment, significantly expanding its share capital base. The shares were allotted on July 20, 2026.The acquisition was carried out by several designated entities and Persons Acting in Concert (PACs). Among the acquiring parties are Rajat Chakra & Holding Pvt Ltd, Sipping Spirits Private Limited, Saranga Investments and Consultancy Private Limited, and Rajalakshmi Natarajan (PAC).
This transaction resulted in the allotment of 4,21,97,154 equity shares. The acquisition was completed via a preferential allotment to the concerned entities.
Share Capital Impact
The issuance of these shares altered the company's financial structure. Before the acquisition, Tejassvi Aaharam Ltd had an equity share capital of Rs 7,00,00,000 divided into 70,00,000 fully paid-up Equity Shares of Rs 10 each.Following the acquisition and allotment, the total equity share capital of the company increased to Rs 58,16,22,040, which is represented by 5,81,62,204 fully paid-up Equity Shares of Rs 10 each.
Key details regarding the pre and post acquisition status are summarized below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Equity Share Capital | Rs 7,00,00,000/- | Rs 58,16,22,040/- |
| Share Count | 70,00,000 shares | 5,81,62,204 shares |
| Acquisition Mode | N/A | Preferential allotment |
The equity shares allotted in this transaction are structured to rank pari-passu and inter-se with the existing shares in all respects, including any dividend that may be declared by Tejassvi Aaharam Limited.
Stock Price Movement
Tejassvi Aaharam Ltd. is ticking up at ₹57.30 as of 13:15, having climbed 1.99% in this session. The shares are currently locked, trading completely flat with the intraday range holding steady at ₹57.30.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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