Enbee Trade & Finance discloses promoter Meyhul Gaala’s 0.98% share acquisition

What Enbee Trade & Finance announced

Enbee Trade & Finance Limited (BSE: 512441) filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on 30 June 2026. The filing records that the promoter group headed by Meyhul Gaala acquired 68 lakh equity shares carrying voting rights, equivalent to 0.98 % of the company’s total equity share capital. After the transaction, the promoter’s holding increased to 2.88 crore shares, representing 4.13 % of the total voting capital.

The filing also includes a subsequent “closure” notice dated 23 June 2026, confirming that the acquisition process has been completed and the required disclosures have been made to the stock exchange.

Details of the acquisition

• Acquirer / promoter: Meyhul Gaala (promoter group).
• Shares acquired: 68 00 000 voting shares.
• Percentage of total equity: 0.98 % (acquired) and 4.13 % (post‑acquisition holding).
• Date of acquisition: The shares were bought in the open market between 17 June 2026 and 18 June 2026.
• Mode of acquisition: Open market purchase, as indicated in the filing under “Mode of acquisition / sale”.
• Equity share capital: The company’s total equity share capital before and after the transaction remains 697 286 312 shares.
• Pre‑acquisition promoter holding: 3 56 69 300 shares (5.11 % of total).
• Post‑acquisition promoter holding: 2 88 69 300 shares (4.13 % of total).

"The promoter’s shareholding after the acquisition stands at 2,88,69,300 shares, representing 4.13 % of the total voting capital."

The filing also notes that there were no encumbrances, pledges, or convertible instruments linked to the acquired shares.

Regulatory filing under SEBI Regulation 29(2)

The disclosure complies with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which mandates that any person acquiring more than 1 % of a listed company’s voting rights must inform the stock exchange within two trading days of the transaction.

Key points from the filing:

• The notice was addressed to the Department of Corporate Relationship, BSE Limited.
• It was signed by Amarr Narendra Galla, Managing Director of Enbee Trade & Finance Ltd (DIN 07138963).
• The filing includes an annexure summarising the promoter’s shareholding before and after the acquisition, along with the dates of allotment.
• A separate closure notice dated 23 June 2026 reiterates that the required disclosures have been made, satisfying the regulatory requirement.

Key facts at a glance

Why this matters for investors

• Transparency compliance: The filing satisfies SEBI’s mandatory disclosure regime, ensuring that the market is aware of any change in promoter shareholding that could influence control dynamics.
• Promoter stake: Although the promoter’s percentage after the transaction (4.13 %) remains modest, the acquisition signals a willingness to increase exposure to the company, which may be viewed as a vote of confidence by existing shareholders.
• No dilution: The transaction was a purchase of existing shares in the open market; there was no issuance of new shares, so existing shareholders did not experience dilution of their holdings.
• Regulatory certainty: The subsequent closure filing confirms that the company has fulfilled all statutory obligations, removing any pending compliance risk related to this acquisition.
• Capital structure unchanged: The total equity share capital stayed at 697.29 million shares, indicating that the company’s capital base remains stable.

Conclusion

Enbee Trade & Finance Ltd disclosed that promoter Meyhul Gaala bought 68 lakh voting shares in mid‑June 2026, raising his stake to 4.13 % of the company. The acquisition was executed via open‑market purchases, and the company promptly filed the required Regulation 29(2) notice on 30 June 2026, followed by a closure confirmation on 23 June 2026. No new shares were issued, and the company’s capital structure remains unchanged, satisfying regulatory requirements and providing investors with full visibility of the promoter’s increased holding.