Nutricircle Promoter Hitesh Patel Increases Stake to 62.61% Through Preferential Allotment

Promoter Hitesh Mohanlal Patel has strengthened his position in nutricircle by acquiring additional equity shares through a preferential allotment. The transaction, completed on February 13, 2026, resulted in a significant increase in his shareholding percentage in the company. Share Acquisition Details Patel acquired 11,00,000 equity shares through preferential allotment, representing 9.91% of the company's expanded share capital. This acquisition increased his total shareholding from 58,50,000 shares to 69,50,000 shares. Parameter Before Acquisition After Acquisition Change Number of Shares 58,50,000 69,50,000 +11,00,000 Shareholding % 58.50% 62.61% +4.11% Acquisition % - 9.91% - Impact on Share Capital The preferential allotment resulted in an expansion of Nutricircle's total equity share capital. The company's share capital increased from 1,00,00,000 equity shares to 1,11,00,000 equity shares, each with a face value of Rs. 10. Share Capital Details Before Allotment After Allotment Total Equity Shares 1,00,00,000 1,11,00,000 Face Value per Share Rs. 10 Rs. 10 Total Share Capital Value Rs. 10,00,00,000 Rs. 11,10,00,000 Regulatory Compliance The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on February 14, 2026. Patel confirmed his status as a promoter of the company in the filing submitted to BSE Limited, where Nutricircle's shares are listed under BSE Code 530219. Transaction Summary The preferential allotment represents a strategic move by the promoter to increase his stake in the company. With this acquisition, Patel has consolidated his position as a major shareholder, moving from a 58.50% holding to 62.61% of the total voting capital. The transaction was executed through preferential allotment mode, indicating a direct issuance of shares to the promoter rather than market purchases. Nutricircle Limited has received a regulatory disclosure from Ramesh Chandra Mishra and his Person Acting in Concert (PAC) Sumita Mishra regarding a reduction in their shareholding. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was submitted on February 13, 2026. Transaction Details The disclosure reveals an off-market sale of equity shares that resulted in a decrease in the combined holding of Ramesh Chandra Mishra and Sumita Mishra. The transaction involved the sale of 1,70,000 shares, representing 1.7% of the company's total voting capital. Transaction Parameter: Details Shares Sold: 1,70,000 Percentage of Total Capital: 1.7% Transaction Mode: Off Market Sale Dates: Ramesh Chandra Mishra - February 11, 2026 Sumita Mishra - February 13, 2026 Shareholding Pattern Changes The transaction resulted in a significant change in the shareholding pattern of the acquirer group. Prior to this sale, Ramesh Chandra Mishra and PAC held a substantial stake in the company. Shareholding Details: Before Transaction After Transaction Change Number of Shares: 16,25,369 14,55,369 -1,70,000 Percentage Holding: 16.25% 14.55% -1.7% Voting Rights: 16.25% 14.55% -1.7% Company Capital Structure Nutricircle Limited maintains a stable capital structure with no changes reported in the total equity share capital following this transaction. The company's shares are listed on BSE Limited under the code 530219. Capital Structure: Details Total Equity Shares: 1,00,00,000 Face Value per Share: Rs. 10 Total Share Capital: Rs. 10,00,00,000 Stock Exchange: BSE Limited BSE Code: 530219 Regulatory Compliance The disclosure confirms that Ramesh Chandra Mishra and Sumita Mishra do not belong to the promoter or promoter group of Nutricircle Limited. The filing was made in compliance with SEBI regulations governing substantial acquisition and disposal of shares, ensuring transparency in shareholding changes above the prescribed thresholds. The transaction documentation was signed by Ramesh Chandra Mishra on behalf of the PAC from Mumbai, with all required disclosures submitted to both BSE Limited and the company's compliance officer in Hyderabad. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.