Cubical Financial Services Limited has announced that shareholder Mr. Manoj Agrawal acquired 2,00,00,000 equity shares through a preferential allotment on September 14, 2026. This acquisition represents 13.77% of the company’s total issued and paid-up share capital. The disclosure was made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following this acquisition, Mr. Agrawal’s holding in the company now stands at 21.42%.
Key Shareholder Acquisition
Cubical Financial Services Limited has disclosed a significant acquisition of its equity shares by existing shareholder, Mr. Manoj Agrawal. The transaction, which took place via a preferential allotment on September 14, 2026, involved the acquisition of 2,00,00,000 equity shares. This substantial acquisition amounts to 13.77% of the total issued and paid-up share capital of the company.
Disclosure Under SEBI Regulations
This disclosure has been made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this acquisition, Mr. Agrawal held a certain percentage of shares, and the details of his holdings before and after the transaction have been provided in the annexed disclosure documents. The total number of shares held by Mr. Agrawal and Persons Acting in Concert (PACs) after this acquisition now stands at 3,11,00,000 equity shares, representing 21.42% of the total share capital.
Transaction Details
The mode of acquisition was a preferential allotment. The total equity share capital of Cubical Financial Services Limited before the said acquisition was Rs. 18,81,40,000, consisting of 94,070,000 equity shares of Rs. 2/- each. Post-acquisition, the equity share capital stands at Rs. 29,03,40,000, comprising 145,170,000 equity shares of Rs. 2/- each. The acquisition was officially intimated on September 14, 2026.
Source: BSE
