NAV Capital VCC, through its NAV Capital Emerging Star Fund, has acquired 48,000 equity shares of Identixweb Limited. This acquisition represents a 0.46% stake in the target company. The transaction was executed through the open market on November 2, 2026. This disclosure is made in accordance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Acquisition Details
NAV Capital VCC, operating as the NAV Capital Emerging Star Fund, has officially disclosed its acquisition of a significant stake in Identixweb Limited. The fund acquired a total of 48,000 equity shares, amounting to 0.46% of the company’s total share capital. The acquisition took place on November 2, 2026, through the open market.
Regulatory Compliance
This disclosure is made in compliance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this acquisition, NAV Capital VCC held 486,000 shares, representing 4.65% of Identixweb Limited’s total voting capital. Post-acquisition, the total holding stands at 534,000 shares, increasing the stake to 5.11%.
Target Company Information
Identixweb Limited is the target company in this transaction, with its shares listed on the BSE Limited (BSE). NAV Capital VCC is not part of the promoter group of Identixweb Limited. The total equity share capital of Identixweb Limited before and after the said acquisition remains 1,04,41,550 shares.
Source: BSE
