Promoter Acquires Shares in Valencia Nutrition Ltd Through Preferential Allotment
Valencia Nutrition Ltd reported a significant change in its shareholding following a preferential allotment, which was completed on June 09, 2026. The acquisition involved shares acquired by Manish Pravincha ndra Turakhia, identified as the Promoter, through the conversion of warrants.The transaction increased the company's equity and diluted share capital based on the allotted shares. Before the acquisition, Valencia Nutrition Ltd had an equity share capital and total voting capital amounting to 18,32,03,410/- across 1,83,20,341 equity shares of Rs. 10/- each.
Following the preferential allotment, the company's equity share capital increased to Rs. 19,84,03,410/-, corresponding to 1,98,40,341 Equity shares of Rs. 10/- each. Based on a fully diluted basis, which assumes the conversion of the remaining 23,90,000 convertible warrants at a 1:1 ratio, the total diluted share/voting capital stands at 2,22,30,341 Equity shares aggregating to Rs. 22,23,03,410/-.
The acquisition details for the Promoter, Manish Pravincha ndra Turakhia, are summarized below:
| Shareholding Metric | Pre-acquisition Status | Post-acquisition Status |
|---|---|---|
| Acquirer Category | Promoter | Promoter |
| Shares Allotted/Acquired | 15,20,000 | N/A |
| Total Shares Holding (Post) | 63,86,733 shares | 79,06,733 shares |
| Percentage of Post-holding | N/A | 39.85% |
The transaction details highlight the change in share ownership among the promoter group upon completion of the preferential allotment.
Stock Price Movement
Valencia Nutrition Ltd saw shares dip as it closed the market on Tuesday at ₹58.00 after losing 7.86%. The stock was locked in range, having traded completely flat with both the intraday high and low registering at ₹58.00.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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