Redrose Vanijya LLP, part of the Promoter Group, has disclosed the acquisition of 1,05,000 equity shares of HEG Limited through the Open Market. This transaction, executed on March 13, 2026, resulted in a 0.054% increase in their total holding. Following the acquisition, the total voting capital held by Redrose Vanijya LLP now stands at 29.455% of HEG Limited’s total voting capital.
Disclosure of Substantial Acquisition
Redrose Vanijya LLP, identified as the Acquirer and belonging to the Promoter Group of the target company, has formally reported a transaction under the relevant takeover regulations. The disclosure pertains to the acquisition of voting rights in HEG Limited, whose shares are listed on both the NSE and BSE.
Transaction Details and Holding Changes
The acquisition involved purchasing 1,05,000 equity shares carrying voting rights via the Open Market mode on March 13, 2026. This acquisition represented an increase of 0.054% in both the total share capital and the diluted share capital of HEG Limited.
Pre-Acquisition Holding Status:
- Shares carrying voting rights: 5,67,37,775 (representing 29.401% of total capital).
- Total Holding (a+b+c+d): 5,67,37,775 (29.401%).
Post-Acquisition Holding Status:
- Shares carrying voting rights: 5,68,42,775.
- Total Holding (a+b+c+d): 5,68,42,775, which equates to 29.455% of the total voting capital.
Capital Structure Context
The disclosure notes that the equity share capital of HEG Limited before and after the transaction remained constant, valued at Rs. 38,59,55,060, divided into 19,29,77,530 Equity Shares of Rs. 2 each. The acquisition was completed through routine Open Market transactions.
Source: BSE
