RRKK Media Private Limited Acquires 8.35% Stake in Prabhatam Infra Venture through Preferential Allotment
RRKK Media Private Limited has acquired a significant stake in Prabhatam Infra Venture Limited, formerly known as B J Duplex Boards Limited. The acquisition was completed via the preferential allotment of equity shares for cash consideration.The Acquirer, RRKK Media Private Limited, acquired 1,85,00,000 Equity Shares of the target company. This transaction represents an 8.35% stake relative to the total diluted share/voting capital of Prabhatam Infra Venture Limited.
This acquisition event has impacted the equity structure of the Target Company. The allotment of shares was received on July 23, 2026.
The details of the company's equity structure before and after the acquisition are provided below:
| Financial Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Equity Share Capital | Rs. 1,90,28,500/- | Rs. 22,15,38,850/- |
| Number of Equity Shares | 1,90,28,500 Equity Shares of Re. 1/- each | 22,15,38,850 Equity Shares of Re. 1/- each |
| Total Voting Capital | Rs. 1,90,28,500/- | Rs. 22,15,38,850/- |
The mode of acquisition was confirmed as the Allotment of Equity Shares through Preferential Issuance for cash consideration. There were no applicable salient features regarding conversion ratio or redemption time in relation to these securities acquired.
Stock Price Movement
Prabhatam Infra Venture Ltd shares settled at ₹25.14 on Monday, edging higher after ticking up 4.97%. The stock remained completely flat throughout the session, locking in its movement solely at the ₹25.14 level.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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