Tejassvi Aaharam Approves Allotment of Over 5 Crore Equity Shares via Preferential Issue
Tejassvi Aaharam Ltd, in a decision made by its Board of Directors on July 20, 2026, approved the allotment of 51,162,204 fully paid-up equity shares through a preferential issue for consideration other than cash. The move was executed after receiving shareholder approval via Postal Ballot on March 26, 2026, and following in-principle approval from BSE Limited granted on July 7, 2026.The allotment covers 51,162,204 equity shares of the company, each having a face value of Rs 10/-. The issue price was set at ₹ 10/- per share, resulting in a total consideration aggregating to Rs 51,16,22,040.
The allotment was structured as part of a share swap transaction against the acquisition of 3,367,042 equity shares of Funk Foods Private Limited. The Board approved the issuance in accordance with relevant corporate and securities regulations.
Investor Allotment Details
The preferential issue saw ten entities allotting equity shares, consisting of both Promoter and Non-Promoter investors. The total number of securities allotted was 51,162,204, representing a significant portion of the company's structure.Details regarding the allottees and their shareholding are provided below:
| Investor Name | Category | Shares Allotted | Post Shareholding (%) |
|---|---|---|---|
| Rajat Chakra Credit and Holdings Private Limited | Promoter | 1,93,26,870 | 33.23 |
| Prasanna Natarajan | Promoter | 94,71,454 | 16.28 |
| Sipping Spirits Private Limited | Promoter | 68,22,555 | 11.73 |
| Saranga Investments and Consultancy Private Limited | Promoter | 65,74,755 | 11.30 |
| Renuka Kumar | Non-Promoter | 30,39,000 | 5.23 |
| Sachika Kumar | Non-Promoter | 30,39,000 | 5.23 |
| Shreyas Raghav | Non-Promoter | 22,03,275 | 3.79 |
| Indira Shreyas | Non-Promoter | 3,79,875 | 0.65 |
| Thejas Krishna | Non-Promoter | 3,03,900 | 0.52 |
| Rajalakshmi Natarajan | Promoter Group | 1,520 | 0.00 |
The equity shares allotted under this preferential issue are set to rank pari passu with all existing equity shares of the company, including entitlements regarding dividends and other corporate benefits.
Stock Price Movement
Shares of Tejassvi Aaharam Ltd concluded the day firmly in positive territory, settling at ₹55.08 after a 2.00% gain. The equity experienced movement throughout the session, trading between an intraday low of ₹53.00 and a high marking ₹55.08.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.