Cella Space Limited has announced an inter-se transfer of shares among its promoters. This transaction, valued at approximately ₹1.27 crore, involves the acquisition of 32,00,000 equity shares by Visakh Rajkumar and Vignesh Rajkumar from Rajkumar Sivathanu Pillai. The acquisition is scheduled for on or after August 27, 2026, at a price of ₹30 per share, consolidating promoter holdings and representing 15.88% of the total share capital.
Promoter Share Transfer Announced
Cella Space Limited has filed a prior intimation regarding a significant inter-se transfer of shares among its promoter group. This transaction is set to take place on or after August 27, 2026. The proposed acquisition involves 32,00,000 equity shares being transferred, amounting to 15.88% of the company’s total share capital.
Key Transaction Details
The shares will be acquired by two promoters, Visakh Rajkumar and Vignesh Rajkumar, from fellow promoter Rajkumar Sivathanu Pillai. The agreed-upon acquisition price is ₹30 per share, making the total transaction value approximately ₹9,60,00,000 (₹1.27 Crore). This move is classified as an inter-se transfer amongst promoters and is exempt from making an open offer under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations, 2011.
Shareholding Changes
Following the proposed transaction, the shareholding pattern among the key promoters will see a notable shift. Rajkumar Sivathanu Pillai’s stake will reduce from 51.91% to 36.03%. Conversely, Visakh Rajkumar’s holding will increase from 1.80% to 9.74%, and Vignesh Rajkumar’s stake will rise from 2.11% to 10.05%. These changes consolidate promoter ownership and ensure continued alignment within the promoter group.
Market Price Context
The volume-weighted average market price for a period of 60 trading days preceding the notice date, specifically from May 27, 2026, to August 20, 2026, on the Bombay Stock Exchange was approximately ₹24.10 per share. The acquisition price of ₹30 per share is within the stipulated limits and does not exceed 125% of this average market price.
Source: BSE
