Promoters of Vaghani Techno-Build Increase Shareholding Through Open Market Acquisitions

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Ahmedabad, January 28, 2025—Vaghani Techno-Build Limited (BSE: 531676) reported that its promoters significantly acquired equity shares through an open offer on December 3, 2024. The acquisitions were disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Share Acquisitions

Jatinkumar Tulsibhai Patel (Promoter & Managing Director)

  • Shares Acquired: 45,311 equity shares
  • Face Value: ₹10 per share
  • Percentage of Total Paid-up Capital Acquired: 0.87%
  • Post-Acquisition Shareholding: 12,72,472 shares (24.38%)

Arjunkumar Jagdishbhai Patel (Promoter & Whole-Time Director)

  • Shares Acquired: 46,684 equity shares
  • Face Value: ₹10 per share
  • Percentage of Total Paid-up Capital Acquired: 0.89%
  • Post-Acquisition Shareholding: 13,11,031 shares (25.12%)

Parth Tulsibhai Patel (Promoter & CFO)

  • Shares Acquired: 45,311 equity shares
  • Face Value: ₹10 per share
  • Percentage of Total Paid-up Capital Acquired: 0.87%
  • Post-Acquisition Shareholding: 10,30,072 shares (19.73%)

Impact on Vaghani Techno-Build’s Shareholding Structure

Following these acquisitions, the combined promoter shareholding in Vaghani Techno-Build Limited has significantly increased, reflecting greater control and confidence in the company’s future.

The company’s total equity share capital remains at ₹5,22,00,000, divided into 52,20,000 equity shares of ₹10 each, with no dilution of voting rights post-acquisition.

Market Implications

The promoters’ increase in** their stake** signals a strong commitment to the company’s long-term vision and potential growth prospects. Investor sentiment is expected to react positively as promoter acquisitions often indicate confidence in the company’s valuation and strategic direction.

Regulatory Compliance

The acquisitions were reported per SEBI’s disclosure norms, ensuring transparency and compliance with the Substantial Acquisition of Shares and Takeovers Regulations, 2011.

As Vaghani Techno-Build navigates its next growth phase, this development strengthens the promoters' position and reinforces their strategic leadership.
 
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