Vistra ITCL (India) Limited, acting in its capacity as Debenture Trustee/Security Trustee, has disclosed the acquisition of a substantial interest in Innova Captab Limited. The entire holding, equating to 36,54,610 equity shares, was acquired through the mechanism of pledge of equity shares. This transaction, dated March 11, 2026, resulted in the acquirer holding 6.38% of the total diluted share capital of Innova Captab Limited.
Acquisition Overview
Vistra ITCL (India) Limited, serving as the Debenture Trustee/Security Trustee, has officially disclosed details regarding the substantial acquisition of equity shareholding in Innova Captab Limited. This filing is made pursuant to regulations concerning Substantial Acquisition of Shares and Takeovers.
Details of Prior and Post-Acquisition Holding
Prior to the transaction under consideration, the holding of Vistra ITCL (and its Persons Acting in Concert) across all categories (voting shares, encumbrances, warrants, etc.) was reported as NIL.
Following the acquisition, the total holding has been established as follows:
- Shares carrying voting rights: Nil
- Shares in the nature of encumbrance (Pledge/Lien/Non-disposal undertaking/others): 36,54,610 shares
- Total holding (a+b+c+d): 36,54,610 shares, representing 06.38% of the total capital.
Transaction Specifics
The mode of acquisition utilized for securing this holding was the Pledge of equity shares. The effective date of acquisition (receipt of intimation of allotment/transfer related to the pledged equity) was recorded as March 11, 2026.
The change in shareholding is summarized below:
Before the acquisition, the total equity share capital of Innova Captab Limited stood at 36,54,610 shares (face value of Rs. 10/- each), aggregating to Rs. 3,65,46,100/-. Post-acquisition, the equity share capital and total voting capital remain identical at 36,54,610 equity shares, as the acquisition was executed via shares already existing and pledged, not new issuances. Consequently, the total diluted share/voting capital after the said acquisition is also based on this quantum.
Source: BSE
