Growington Ventures India Ltd. Sees Share Acquisition by Manju Mundhra and Naresh Kumar Mundhra

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Growington Ventures India Ltd. Sees Share Acquisition by Manju Mundhra and Naresh Kumar Mundhra​

Growington Ventures India Limited announced that Manju Mundhra and Naresh Kumar Mundhra have acquired and disposed of equity shares between February 17, 2026, and March 18, 2026. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Manju Mundhra and Naresh Kumar Mundhra, acting as acquirers, are not part of the promoter or promoter group. The transactions occurred on the BSE Ltd.

Here's a summary of the acquisition and disposal details:

Details of Acquisition/Disposal

DetailManju MundhraNaresh Kumar Mundhra
Shares carrying voting rights acquired3,22,47,778 (11,28,486)2,85,41,432
% w.r.t. total share/voting capital5.02 (0.18)4.44
% w.r.t. total diluted share/voting capital5.02 (0.18)4.44
Shares carrying voting rights disposed(29,27,751)NA
% w.r.t. total share/voting capital(0.46)NA
% w.r.t. total diluted share/voting capital(0.46)NA
Total (a+b+c+d)(40,56,237)NA
% w.r.t. total share/voting capital(0.64)NA
% w.r.t. total diluted share/voting capital(0.64)NA

Post-Acquisition Holdings
DetailManju MundhraNaresh Kumar Mundhra
Shares carrying voting rights25,77,9602,56,13,691
% w.r.t. total share/voting capital0.403.99
Total (a+b+c+d) of acquisition/sale2,81,91,5414.39
The total share capital of Growington Ventures India Limited is Rs. 64,22,15,760, comprising 64,22,15,760 equity shares of Rs. 1 face value each. The total diluted share/voting capital of the TC after the said acquisition/sale is Rs. 64,22,15,760, comprising 64,22,15,760 equity shares of Rs. 1 face value each. The transactions were conducted through the open market.

Source:​

 

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Editorial Note

This news article was written and created by Karthik, and published on IST.
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