Available Finance Limited has received a disclosure under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations from promoter group member Tapan Agarwal regarding a significant share acquisition. The transaction, completed on March 24, 2026, involved the purchase of 7,35,281 equity shares worth ₹9,58,37,995.24.
Transaction Details
The acquisition was executed through an inter-se transfer amongst promoter and promoter group via open market bulk deal. Each share was acquired at ₹130.44, representing the market price at the time of transaction.
Parameter: Details Shares Acquired: 7,35,281 equity shares Price per Share: ₹130.44 Total Value: ₹9,58,37,995.24 Transaction Date: March 24, 2026 Mode: Inter-se transfer via bulk deal
Shareholding Pattern Changes
The acquisition resulted in a substantial increase in Tapan Agarwal's stake in the company. His shareholding percentage rose from 7.611% to 14.817%, reflecting the significant nature of this transaction.
Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 7,76,647 15,11,928 +7,35,281 Percentage Holding: 7.611% 14.817% +7.206% Voting Rights: 7.611% 14.817% +7.206%
Company Information
Available Finance Limited's equity share capital remains unchanged at 1,02,03,700 equity shares of ₹10 each, aggregating ₹10,20,37,000. The company's shares are listed on BSE Limited under scrip code 531310.
Regulatory Compliance
The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The transaction was conducted pursuant to exemption under Regulation 10(1)(a)(iv) of the same regulations. Tapan Agarwal, who holds PAN ADCPA5313M, filed the requisite disclosure with BSE Limited and the company on March 26, 2026.
About the Acquirer
Tapan Agarwal serves as President Corporate and COO of S.A & Iron Ore Division at Agarwal Coal Corporation Pvt Ltd, and is also CEO of Emerald Developers, Agarwal Real City Pvt Ltd, and Agarwal Real Infra LLP. He is an established member of the promoter group with significant business interests across multiple sectors.
Archana Coal Private Limited has officially disclosed the disposal of a substantial stake in Available Finance Limited through regulatory filings under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents a significant restructuring within the promoter group entities.
Transaction Details and Financial Impact
The disposal involved substantial financial consideration and resulted in meaningful changes to the shareholding structure of Available Finance Limited:
Parameter: Details Shares Disposed: 8,16,296 equity shares Disposal Price: ₹130.34 per share Total Transaction Value: ₹10,63,96,020.64 Percentage Disposed: 8.00% equity shareholding Transaction Date: March 24, 2026 Mode: Inter-se transfer and bulk deal
Shareholding Pattern Changes
The transaction has resulted in a significant reduction in Archana Coal Private Limited's holding in Available Finance Limited, impacting the overall promoter group structure:
Shareholding Position: Before Disposal After Disposal Change Number of Shares: 58,38,945 shares 50,22,649 shares -8,16,296 shares Percentage Holding: 57.22% 49.22% -8.00% Voting Rights: 57.22% 49.22% -8.00%
Corporate Structure and Regulatory Compliance
The disposal was executed through inter-se transfer amongst promoter and promoter group entities and open market transactions through bulk deals. Available Finance Limited maintains its total equity share capital of 1,02,03,700 equity shares of ₹10 each, aggregating ₹10,20,37,000.
Director Neha Agrawal (DIN: 08861363) signed the regulatory disclosure on behalf of Archana Coal Private Limited, ensuring compliance with Regulation 29(2) of SEBI SAST Regulations. The company has fulfilled all mandatory disclosure requirements and submitted necessary documentation to BSE Limited and Available Finance Limited on March 26, 2026.
Market and Operational Context
The transaction maintains Available Finance Limited's listing status on BSE Limited under scrip code 531310. The disposal represents a strategic realignment within the promoter group structure while ensuring continued regulatory compliance and transparent disclosure to all stakeholders.
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