Ancla Technologies Solutions India Private Limited has disclosed the acquisition of 21,54,012 equity shares in Reliable Ventures India Limited. This acquisition represents a substantial 19.56% stake in the target company. The transactions occurred on multiple dates, including September 1st, 2nd, 4th, and 7th, 2026. This move signifies a significant increase in Ancla Technologies’ holding and potential influence over Reliable Ventures India.
Ancla Technologies Boosts Stake in Reliable Ventures India
Ancla Technologies Solutions India Private Limited has formally announced a significant acquisition of shares in Reliable Ventures India Limited. The disclosure, made in compliance with SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011, details the purchase of 21,54,012 equity shares. This acquisition translates to a substantial ownership of 19.56% of the total equity share capital of Reliable Ventures India Limited.
Key Acquisition Dates and Details
The share acquisition was not a single event but a series of transactions spread across several dates in early September 2026. Specifically, the shares were acquired on September 1st, 2026, September 2nd, 2026, September 4th, 2026, and September 7th, 2026. The total equity share capital of Reliable Ventures India Limited before and after this acquisition remains at 1,10,12,900 Equity Shares, indicating that the acquisition was conducted via off-market transactions or similar means without altering the total outstanding share count.
Regulatory Compliance and Disclosure
This disclosure is made under Regulation 29(1) and 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The detailed format provides information regarding the acquirer, target company, and the nature of the acquisition. Ancla Technologies Solutions India Private Limited, identified as the acquirer, is confirmed to be part of the promoter group for Reliable Ventures India Limited. The acquisition was an off-market transaction.
Source: BSE