Kriyansh Gold Private Limited has disposed of 65,56,988 equity shares (6.94%) in Vivid Mercantile Limited through open market transactions between December 26, 2025, and February 2, 2026. The disposal reduced Kriyansh Gold's shareholding from 13.02% to 6.48%, with the company now holding 64,92,565 equity shares. The transaction was disclosed under SEBI takeover regulations, with Kriyansh Gold confirming it is not part of Vivid Mercantile's promoter group.
Vivid Mercantile Limited has received a disclosure from Kriyansh Gold Private Limited regarding the substantial disposal of equity shares under SEBI takeover regulations. The transaction represents a significant reduction in Kriyansh Gold's shareholding in the company.
Transaction Details
Kriyansh Gold Private Limited disposed of 65,56,988 equity shares of Vivid Mercantile Limited, representing 6.94% of the company's total share capital. The disposal was executed through open market transactions conducted between December 26, 2025, and February 2, 2026.
Transaction Parameter: Details Shares Disposed: 65,56,988 equity shares Percentage Disposed: 6.94% Transaction Mode: Open Market Transaction Period: December 26, 2025 to February 2, 2026
Shareholding Changes
The disposal resulted in a substantial reduction in Kriyansh Gold's stake in Vivid Mercantile Limited. Prior to the transaction, Kriyansh Gold held 1,30,49,553 equity shares representing 13.02% of the total voting capital.
Shareholding Details: Before Transaction After Transaction Number of Shares: 1,30,49,553 64,92,565 Percentage Holding: 13.02% 6.48% Voting Rights: 13.02% 6.48%
Company Information
Vivid Mercantile Limited maintains a total equity share capital of 10,02,56,400 equity shares, which remained unchanged following the transaction. The company's shares are listed on BSE Limited with scrip code 542046.
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. Kriyansh Gold Private Limited confirmed that it does not belong to the promoter or promoter group of Vivid Mercantile Limited.
The disclosure was signed by Ritesh Mahendrakumar Shah, Director of Kriyansh Gold Private Limited (DIN: 07100840), and submitted to both BSE Limited and Vivid Mercantile Limited on February 3, 2026.
GreenX Wealth Multihorizons Opportunity Fund has made a substantial acquisition in Vivid Mercantile Limited, acquiring 74,37,761 shares representing 7.42% of the company's total share capital through open market purchases on February 02, 2026.
Acquisition Details
The fund's shareholding increased significantly from its previous position of 4,00,000 shares (0.40%) to 78,37,761 shares (7.82%) following this acquisition. The transaction was conducted entirely through open market purchases, with no involvement of persons acting in concert (PAC).
Parameter: Before Acquisition Acquisition After Acquisition Number of Shares: 4,00,000 74,37,761 78,37,761 Percentage Holding: 0.40% 7.42% 7.82% Voting Rights: 0.40% 7.42% 7.82%
Regulatory Compliance
The disclosure was filed under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. GreenX Wealth Multihorizons Opportunity Fund is classified as a non-promoter entity and does not belong to the promoter group of Vivid Mercantile Limited.
Fund Management Structure
The acquisition was executed by GreenX Wealth Multihorizons Opportunity Fund, which operates as a scheme under Greenx Wealth Empire. The fund is managed by Infinityx Investment Managers LLP, with Shilpaben Piyushbhai Mavani serving as the Designated Partner (DPIN: 11005637).
Company Information
Vivid Mercantile Limited is listed on BSE Limited with the script code VIVIDM (542046). The company has an equity share capital of Rs. 10,02,56,400 divided into 10,02,56,400 equity shares of Rs. 1 each. The company is headquartered in Ahmedabad, Gujarat.
Company Details: Information Exchange: BSE Limited Script Code: VIVIDM (542046) Share Capital: Rs. 10,02,56,400 Number of Shares: 10,02,56,400 Face Value: Rs. 1 per share
The acquisition represents a significant investment by the fund in the company, crossing the substantial acquisition threshold that requires mandatory disclosure to stock exchanges and regulatory authorities.
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