Zeal Global Opportunities Fund Acquires Shares of Gayatri Projects Ltd through Preferential Allotment
Zeal Global Opportunities Fund has acquired 1,50,00,000 equity shares of Gayatri Projects Limited through preferential allotment. The acquisition results in the fund holding 5.06% of the target company after the transaction.The acquisition took place on April 23, 2026. Prior to this transaction, Zeal Global Opportunities Fund held zero shares or voting rights in Gayatri Projects Limited.
The details of the acquisition and resulting shareholding are as follows:
| Metric | Pre-acquisition Holding (Acquirer) | Post-acquisition Holding (Acquirer) |
|---|---|---|
| Shares Carrying Voting Rights | 0 | 1,50,00,000 |
| Percentage of Total Diluted Capital | 0.00% | 5.06% |
Impact on Gayatri Projects Limited’s Capital Structure
The acquisition impacts the financial structure of Gayatri Projects Limited (TC). Before the transaction, the equity share capital of Gayatri Projects Limited stood at Rs. 37,43,97,370, represented by 18,71,91,685 shares of nominal value of Rs.2 each.
Following the acquisition and consequent allotment of shares, the total diluted share/voting capital of Gayatri Projects Limited stands at Rs. 59,23,97,370, comprising 29,61,98,685 shares of nominal value of Rs.2 each.
GAYAPROJ Stock Price Movement
On Friday, shares of Gayatri Projects Limited rallied, closing at ₹20.98 after edging up by 0.82%. The stock saw a traded volume of 491,834 shares during the session.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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