Amit Saraogi, along with Persons Acting in Concert (PAC) namely Mrs. Kanchan Saraogi, has acquired 1,00,37,568 equity shares of Cubical Financial Services Limited. This acquisition, made through a Share Purchase Agreement dated 15th May 2026, represents a change of more than 2% of the total issued and paid-up share capital of the target company. The transaction brings Amit Saraogi’s total holding to 34.46%.
| Announcement Date | 09th November 2026 |
| Acquirer | Amit Saraogi and Mrs. Kanchan Saraogi (PAC) |
| Target Company | Cubical Financial Services Limited |
| Acquisition Details | Acquisition of 1,00,37,568 equity shares through a Share Purchase Agreement dated 15th May 2026. |
| Change in Holding | Represents a change of more than 2% of the total issued and paid-up share capital. |
| Pre-Acquisition Holding | 27.55% |
| Post-Acquisition Holding | 34.46% |
| Total Share Capital of TC | ₹29,03,40,000 (14,51,70,000 equity shares of ₹2/- each) |
Amit Saraogi, in conjunction with Persons Acting in Concert (PAC) Mrs. Kanchan Saraogi, has officially disclosed the acquisition of 1,00,37,568 equity shares in Cubical Financial Services Limited. This significant transaction occurred on 15th May 2026, pursuant to a Share Purchase Agreement.
The acquired shares represent a substantial stake, amounting to a change of more than 2% in the total issued and paid-up share capital of the target company. Following this acquisition, the combined holding of Amit Saraogi and PAC stands at 34.46% of the total share capital. Prior to this transaction, the holding was 27.55%.
The total equity share capital of Cubical Financial Services Limited is stated as ₹29,03,40,000, comprising 14,51,70,000 equity shares with a face value of ₹2/- each. The disclosure was made on 09th November 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Source: BSE
