Ampl Capital Limited: Acquirers Update Open Offer Details with Revised Shareholding Percentages
AMPL Capital Limited (formerly known as Credent Global Finance Limited) has released a corrigendum detailing modifications to its ongoing Open Offer, which was initially announced on June 30, 2026, and subsequently updated in July. The Corrigendum updates the shareholding details of Acquirer-1, Acquirer-2, and the Person Acting in Concert (PAC).The public shareholders are advised of significant changes regarding the acquisition process initiated by DP Global Wealth Management LLP (Acquirer-1), Mr. Vikas Kataria (Acquirer-2), and Ms. Supriya Kataria (Person Acting in Concert, PAC).
Key details of the Acquirers and their proposed shareholding in the Target Company have been provided as follows:
| Details | Acquirer-1 (DP Global Wealth Management LLP) | Acquirer-2 (Vikas Kataria) | PAC (Supriya Kataria) | Drtai Drtai |
|---|---|---|---|---|
| Shareholding Before Open Offer | 87,43,941 Equity Shares (14.23%) | 93,60,205 Equity Shares (15.23%) | 49,56,204 Equity Shares (8.06%) | 1,49,45,093 Equity Shares (24.32%) |
| Proposed Shareholding After Acquisition | 2,45,41,129 Equity Shares (39.93%) | 20,43,944 Equity Shares (3.33%) | 49,56,204 Equity Shares (8.06%) | 3,15,41,277 Equity Shares (51.32%) |
The Open Offer is for the acquisition of up to 1,59,79,920 (One Crore Fifty-Nine Lakh Seventy-Nine Thousand Nine Hundred and Twenty) equity shares, representing 26.00% of the total issued share capital.
Detailed Public Statement Revisions
In addition to the changes noted above, the Corrigendum provides specific revisions to the Detailed Public Statement (DPS), published on July 7, 2026.Key points from the DPS update include:
- Acquirer-1’s Position: As of the date of the DPS, DP Global Wealth Management LLP holds 93,60,205 equity shares, representing 15.23% of the total equity share capital of the Target Company. Mr. Vikas Kataria, a Designated Partner of Acquirer-1, also holds 12,44,948 equity shares and serves as an Executive Director of the Target Company.
- Future Shareholding: Upon completion of the Offer and assuming full acceptance, the Acquirers and PAC are expected to hold 3,15,41,277 (Three Crores Fifteen Lakh Forty-One Thousand Two Hundred Seventy-seven) equity shares, constituting 51.32% of the total voting share capital of the Target Company.
- Market Purchases: Prior to the public announcement, Acquirers and PAC held 1,49,45,093 equity shares. Acquirer-1 conducted market purchases totaling up to 6,16,264 equity shares at a price of INR 30 per equity share, resulting in an aggregate consideration not exceeding INR 1,84,87,920/-.
- Increased Stake: Consequently, the aggregate voting rights of the Acquirers and PAC have increased from 24.32% to 25.32%, corresponding to 1,55,61,357 equity shares of the Target Company. These acquisitions were carried out through stock exchange transactions in one or more tranches.
Stock Price Movement
As of 14:16, shares of AMPL Capital Ltd are edging higher, currently resting at ₹33.88, up 0.53%. The stock traded within a notable intraday range, moving between a low of ₹32.60 and a high of ₹34.90.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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