Arogya Tech Services LLP acquired 32,77,460 equity shares (6.82% stake) in Bijoy Hans Limited through preferential allotment on March 4, 2026. The acquisition marked the LLP's initial investment in the target company, as it previously held no shares. The transaction significantly expanded Bijoy Hans Limited's equity share capital from Rs. 7,50,00,210 to Rs. 48,02,18,570, with total shares increasing to 4,80,21,857. The disclosure was filed under SEBI takeover regulations with BSE and Calcutta Stock Exchange.
Arogya Tech Services LLP Acquires 6.82% Stake in Bijoy Hans Limited Through Preferential Allotment
Arogya Tech Services LLP has acquired a substantial stake in Bijoy Hans Limited through a preferential allotment, as disclosed in a regulatory filing dated March 6, 2026. The acquisition represents a significant investment by the Maharashtra-based limited liability partnership in the listed company.
Acquisition Details
The transaction involved the acquisition of 32,77,460 equity shares, representing 6.82% of Bijoy Hans Limited's total share capital. Prior to this acquisition, Arogya Tech Services LLP held no shares in the target company, making this their initial investment in Bijoy Hans Limited.
Parameter Details Shares Acquired 32,77,460 Percentage Stake 6.82% Acquisition Mode Preferential Issue Transaction Date March 4, 2026 Acquirer Status Non-promoter
Share Capital Transformation
The preferential allotment resulted in a substantial increase in Bijoy Hans Limited's equity share capital. The company's share capital expanded significantly following the transaction.
Metric Before Acquisition After Acquisition Share Capital Rs. 7,50,00,210 Rs. 48,02,18,570 Number of Shares 75,00,021 4,80,21,857 Face Value per Share Rs. 10 Rs. 10
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Arogya Tech Services LLP, registered in Sangli, Maharashtra, filed the disclosure with both BSE Limited and The Calcutta Stock Exchange Limited, where Bijoy Hans Limited's shares are listed.
The acquired equity shares rank pari passu with existing equity shares of the company. Arogya Tech Services LLP confirmed that it does not belong to the promoter or promoter group of Bijoy Hans Limited.
Company Information
Arogya Tech Services LLP is registered at Plot No 327 Vasant Market, First Lane, Sangli City, Maharashtra. The disclosure was signed by Pratik Pradeep Chougule, Designated Partner of the acquiring entity. Bijoy Hans Limited maintains its compliance office at Nirvana Co Working spaces in Guwahati, Assam.
SMCV Management Services Private Limited has disclosed its acquisition of a significant stake in Bijoy Hans Limited through preferential allotment of equity shares. The acquisition, completed on March 04, 2026, marks SMCV Management Services' entry as a promoter in the target company.
Acquisition Details
SMCV Management Services acquired 99,98,879 equity shares of Bijoy Hans Limited, representing a 20.82% stake in the company. The acquisition was executed through preferential allotment under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Parameter Details Shares Acquired 99,98,879 Acquisition Percentage 20.82% Mode of Acquisition Preferential Allotment Date of Allotment March 04, 2026
The newly allotted equity shares rank pari passu with existing equity shares of Bijoy Hans Limited. Following this acquisition, SMCV Management Services Private Limited became a promoter of the target company.
Impact on Share Capital Structure
The preferential allotment resulted in a substantial expansion of Bijoy Hans Limited's equity share capital. The company's share capital increased from Rs. 7,50,00,210 divided into 75,00,021 equity shares to Rs. 48,02,18,570 divided into 4,80,21,857 equity shares of Rs. 10 each.
Capital Structure Before Acquisition After Acquisition Share Capital (Rs.) 7,50,00,210 48,02,18,570 Number of Shares 75,00,021 4,80,21,857 Face Value per Share Rs. 10 Rs. 10
Promoter Group Holdings
The acquisition significantly altered the promoter group's shareholding pattern in Bijoy Hans Limited. Before the acquisition, the promoter group collectively held 47,04,800 shares representing 62.73% of the company. Post-acquisition, the total promoter group holding stands at 1,47,03,679 shares, representing 30.62% of the expanded share capital.
Shareholding Pattern Before Acquisition After Acquisition Total Promoter Shares 47,04,800 1,47,03,679 Promoter Group % 62.73% 30.62% SMCV Management Services % 0.00% 20.82%
The promoter group includes Kaushal Uttam Shah, U.G. Patwardhan Services Pvt. Ltd., Agri One India Ventures LLP, Shantanu Jagannath Surpure, and members of the Patawari family, along with the newly inducted SMCV Management Services Private Limited.
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Bijoy Hans Limited's shares are listed on BSE Limited (Scrip Code: 524723) and The Calcutta Stock Exchange Limited (Scrip Code: 012097). SMCV Management Services Private Limited, incorporated with CIN U70200PN2025PTC240082, has its registered office in Pune, Maharashtra.
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