Prabhatam Infra Venture Ltd. Allots 13.9 Million Equity Shares via Preferential Issue and Share Swap
Prabhatam Infra Venture Limited, previously known as B J Duplex Boards Limited, has allotted a significant tranche of equity shares through a preferential basis transaction. The allotment was executed for consideration other than cash, involving a share swap, benefiting the promoter group members who are also acquirers in the company.The acquisition details involve Mayank Gupta, Prabhatam Investment Private Limited, and Kusum Gupta, all identified as Promoter Group members of Prabhatam Infra Venture Limited. These parties received 13,90,60,350 Equity Shares of the company on Tuesday, July 21, 2026, with each share having a face value of Re. 1/-.
The transaction saw the allotting of shares through a preferential issue for consideration other than cash by way of Share to the named individuals and entity.
Acquisition Details Summary
The acquisition involved the Acquirers—Mayank Gupta, Prabhatam Investment Private Limited, and Kusum Gupta—who belong to the Promoter Group of the Target Company (TC). The details surrounding the acquisition are summarized below:| Category | Holding Before Acquisition | Shares Acquired in Transaction | Total Holding After Acquisition |
|---|---|---|---|
| Mayank Gupta | 25,00,000 shares (13.14%) | 1,48,50,000 shares (6.70%) | 1,73,50,000 shares (7.83% after allotment) |
| Prabhatam Investment Private Limited | 1,06,00,000 shares (55.71%) | 11,92,60,350 shares (53.83%) | 12,98,60,350 shares (58.62% after allotment) |
| Kusum Gupta | 0 shares (0.00%) | 49,50,000 shares (2.23%) | 49,50,000 shares (2.23% after allotment) |
The mode of acquisition was through the Allotment of Equity Shares via Preferential Issue for consideration other than cash by way of Share. The date of intimation of the share allotment was reported as July 23, 2026.
Prior to this acquisition, the equity share capital of Prabhatam Infra Venture Limited stood at Rs. 1,90,28,500, comprising 1,90,28,500 Equity Shares of Re. 1/- each. Following the said acquisition, the equity share capital and total voting capital of the company increased to Rs. 22,15,38,850, consisting of 22,15,38,850 Equity Shares of Re. 1/- each.
Stock Price Movement
Prabhatam Infra Venture Ltd settled at ₹25.14 on Monday, successfully ticking up 4.97% in the closing session. The shares remained completely flat throughout the day, maintaining a strictly locked intraday range at the same ₹25.14 price point.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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