Milijignesh Sheth Acquires Shares of Multiplus Holdings Ltd, Boosting Holding to Over 11%
Milijignesh Sheth, acting as part of the Promoter Group, has acquired shares in Multiplus Holdings Limited. The acquisition was executed via an off-market transaction on June 16, 2026.The purchase significantly increased the holding of Milijignesh Sheth and associated Persons Acting in Concert (PAC) in the target company. Prior to this transaction, the acquirer held 1,48,125 shares, which accounted for 7.88% of the total voting capital. Following the acquisition, the combined holding stands at 2,10,125 shares, representing 11.17% of the total diluted share/voting capital.
The details of the pre and post-acquisition holdings are provided in the table below:
| Metric | Before Acquisition Holding (Milijignesh Sheth & PAC) | After Acquisition Holding (Milijignesh Sheth & PAC) |
|---|---|---|
| Shares Carrying Voting Rights | 1,48,125 (7.88%) | 2,10,125 (11.17%) |
| Shares Acquired in this Transaction | 62,000 (3.29%) | N/A |
The acquisition details indicate that the 62,000 shares carrying voting rights were acquired via an off-market transfer.
Capital Structure Details
The source document provided specific details regarding the equity share capital and total voting capital of Multiplus Holdings Limited both before and after the transaction:
| Detail | Before Acquisition | After Acquisition |
|---|---|---|
| Equity Share Capital / Total Voting Capital | Rs. 1,88,00,000/- divided into 18,80,000 Equity share of Rs. 10/- each. | Rs. 1,88,00,000/- divided into 18,80,000 Equity share of Rs. 10/- each. |
| Total Diluted Share / Voting Capital | Rs. 1,88,00,000/- divided into 18,80,000 Equity share of Rs. 10/- each. | Rs. 1,88,00,000/- divided into 18,80,000 Equity share of Rs. 10/- each. |
Stock Price Movement
Multiplus Holdings Ltd shares closed higher on Tuesday, settling at ₹32.80 after reflecting a strong 4.96% gain for the day. The stock remained completely locked during the session, as its intraday high and low were both recorded at ₹32.80.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.