Promoter Group Increases Stake in Unifinz Capital India Ltd Through Open Market Acquisition

Promoter Group Increases Stake in Unifinz Capital India Ltd Through Open Market Acquisition

Promoter Group Increases Stake in Unifinz Capital India Ltd Through Open Market Acquisition​

A significant increase in stake has been reported by the promoter group regarding Unifinz Capital India Limited (UCI). The acquisition involved shares transacted through the open market, detailing both previous holdings and the current quantum of interest held by the promoter.

The details of the holding and transaction concern Pawan Kumar Mittal and Kiran Mittal, who are members of the promoter group in the target company, Unifinz Capital India Limited.

Acquisition Details​

Before the recent acquisition, the combined holding of shares carried voting rights by Pawan Kumar Mittal and Kiran Mittal was 10,909,500 shares, representing 24.64% of the total diluted share/voting capital of UCI.

The specifics of the shares acquired are presented below:

MetricShares Carried Voting Rights (Pawan Kumar Mittal)Shares Carried Voting Rights (Kiran Mittal)
Acquired Shares640,000 (1.45%)325,000 (0.73%)
Total Acquisition Amount--

The acquisition was executed in the open market through equity shares, and no other financial instruments like warrants or encumbrances were involved in this transaction.

Stockholding Transition​

Following the acquisition, the shareholding details have been updated as follows:

MetricShares Carried Voting Rights (Pawan Kumar Mittal)Shares Carried Voting Rights (Kiran Mittal)
Total After Acquisition5,419,500 (12.24%)4,525,000 (10.22%)

The total voting capital of the target company was recorded as 44,268,085 Equity Shares with a corresponding equity share capital of Rs. 442,680,850/- before and after the transaction. The diluted share/voting capital of UCI remained 44,268,085 Equity Shares (Rs. 442,680,850/-).

Transaction Timeline​

The acquisition spanned multiple dates across the two individuals:

  • Pawan Kumar Mittal's Acquisitions: Transacted 80,000 shares on June 8, 2026; 330,000 shares on June 12, 2026; and 230,000 shares on June 15, 2026.
  • Kiran Mittal's Acquisitions: Acquired shares across several dates, including 2988 shares on August 28, 2025, and 70,000 shares on June 8, 2026.

The acquisition was completed through the open market.

Stock Price Movement​

At the close of trade, shares of Unifinz Capital India Ltd settled at ₹95.00 on Friday, sinking 5.00% during the session. The stock navigated a volatile day, trading within an intraday range that extended from ₹95.00 to a high of ₹105.00.
 

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.

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.

Last edited by a moderator:

Editorial Note

This news article was written and created by Karthik, and published on IST.
Back
Top