Investment Advisors Acquire Shares in Navigant Corporate Advisors Limited Through Open Market Purchase
Investment advisors have increased their stake in Navigant Corporate Advisors Limited following an open market purchase of shares carrying voting rights on June 1, 2026. The acquisition was conducted by a consortium including Alacrity Securities Limited, Genz Investment Advisors Private Limited, Kruppa Mehta, and Hiten R. Mehta.The combined entities acquired 1,30,000 shares through the open market purchase. This transaction increased their total holding of Navigant Corporate Advisors Limited to 3,30,000 shares, representing 10.47% of the diluted share/voting capital.
Details regarding the pre-acquisition and post-acquisition holdings are as follows:
| Category | Before Acquisition Holding | Post Acquisition Holding |
|---|---|---|
| Shares Carrying Voting Rights (Total) | 2,00,000 | 3,30,000 |
| Percentage of Total Share/Voting Capital | 6.34% | 10.47% |
Alacrity Securities Limited previously held 2,00,000 shares. The additional acquisition details noted that Genz Investment Advisors Private Limited acquired 70,000 shares, Kruppa Mehta acquired 35,000 shares, and Hiten R. Mehta acquired 25,000 shares.
The acquisition is noted as an open market purchase of shares carrying voting rights. The total equity share capital for Navigant Corporate Advisors Limited before the acquisition stood at 31,52,750 Equity Shares of Face Value of Rs. 10/- Each, and this remained unchanged after the transaction.
The acquirers, consisting of Alacrity Securities Limited, Genz Investment Advisors Private Limited, Kruppa Mehta, and Hiten R. Mehta, are none of a Promoter or Promoter group in Navigant Corporate Advisors Limited.
Stock Price Movement
At the close of trade on Monday, shares of Navigant Corporate Advisors Ltd settled at ₹80.78, sinking 5.00% for the day. The stock traded completely flat throughout the session, remaining locked at ₹80.78 across its intraday high and low.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.
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.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.