BF Investment Limited Announces Inter-se Transfer of Shares Among Promoter Group
BF Investment Limited announced on March 25, 2026, an inter-se transfer of shares among members of its promoter group. The transaction involves Ajinkya Investment & Trading Company and Sundaram Trading and Investment Private Limited.A total of 50,54,091 shares, representing 13.42% of the company's equity share capital, were transferred. KSL Holdings Pvt Ltd was the seller in the transaction.
According to the filing, Ajinkya Investment & Trading Company (Acquirer 1) acquired 25,54,091 shares, while Sundaram Trading and Investment Private Limited (Acquirer 2) acquired 25,00,000 shares. The acquisition price was approximately Rs. 358.20 per share.
The transaction was made in reliance upon an exemption provided for in Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. A disclosure was previously made on March 16, 2026, regarding the proposed acquisition.
Following the transaction, Ajinkya Investment & Trading Company holds 1,28,46,194 shares, representing 34.10% of the company’s share capital, and Sundaram Trading and Investment Private Limited holds 1,22,93,068 shares, representing 32.63% of the share capital.
The aggregate shareholding of the promoter and promoter group remains unchanged at 27,922,726 shares, representing 74.13% of the total share capital.
| Shareholding | Before the Transaction | Proposed | After the transaction | Proposed |
|---|---|---|---|---|
| Total promoter and promoter group shareholding | 27,922,726 | 74.13% | 27,922,726 | 74.13% |
The acquirers are Ajinkya Investment & Trading Company and Sundaram Trading and Investment Private Limited.
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