Promoter Acquires Shares in Valencia Nutrition Ltd via Preferential Allotment
Valencia Nutrition Ltd reported a change in its shareholding structure following a preferential allotment of shares to one promoter on June 9, 2026. The transaction resulted in an increase in the company's equity capital and diluted share base.The acquisition was executed by Manish Pravinchant da Turakhia, who holds the status of Promoter. Through this allotment, Mr. Turakhia acquired shares in the company.
According to the reported details regarding the acquisition, the key figures are as follows:
| Promoter Name | Category | Pre-acquisition Holding | Shares Acquired | Post-acquisition Total |
|---|---|---|---|---|
| Manish Pravinchant da Turakhia | Promoter | 63,86,733 shares (34.86%) | 15,20,000 shares | 79,06,733 shares (39.85%) |
The acquisition was finalized through preferential allotment and involved the conversion of warrants.
Financial Structure Changes
The transaction led to a notable increase in the equity share capital of Valencia Nutrition Ltd. before and after the allotment, according to the figures provided.Prior to the acquisition, the Equity Share Capital/Total Voting Capital of the company stood at 1,83,20,341 shares of Rs. 10/- each, aggregating to Rs. 18,32,03,410/-.
Following the said acquisition, the Equity Share Capital/Total Voting Capital increased to 1,98,40,341 shares of Rs. 10/- each, totaling Rs. 19,84,03,410/-.
The total diluted share/voting capital of the company after the acquisition stood at 2,22,30,341 equity shares of Rs. 10/- each, which aggregates to Rs. 22,23,03,410/-.
Stock Price Movement
Valencia Nutrition Ltd shares settled at ₹58.00 on Tuesday, after slipping by 7.86% from its previous close. The equity traded completely flat throughout the session, maintaining a narrow range as the day closed.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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