Prime Fresh promoter Hiren Chandrakant Ghelani has acquired additional equity shares of the company through an open market transaction, as disclosed in a regulatory filing dated March 23, 2026. The acquisition was made under the provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The acquisition involved 500 equity shares purchased on March 20, 2026, through open market operations. This represents a minimal 0.003% of the company's total share capital and diluted share capital.
Transaction Parameter: Details Shares Acquired: 500 Acquisition Date: March 20, 2026 Mode of Acquisition: Open Market Percentage of Total Capital: 0.003%
Shareholding Pattern
Following this transaction, Ghelani's shareholding position in Prime Fresh Limited has been updated. His total holding increased from 41,58,384 shares to 41,58,884 shares, while maintaining the same percentage stake in the company.
Shareholding Details: Before Acquisition After Acquisition Number of Shares: 41,58,384 41,58,884 Percentage of Share Capital: 30.22% 30.22% Percentage of Diluted Capital: 28.47% 28.47%
Company Capital Structure
Prime Fresh Limited's equity share capital structure remains unchanged following this transaction. The company maintains its existing capital base with no alterations to the total number of outstanding shares.
Capital Structure: Details Equity Share Capital: Rs. 13,76,10,120 Total Number of Shares: 1,37,61,012 Face Value per Share: Rs. 10 Diluted Share Capital: Rs. 14,60,57,670 Diluted Number of Shares: 1,46,05,767
Regulatory Compliance
The disclosure was made in compliance with Regulation 29(2) of SEBI (SAST) Regulations, 2011, which mandates disclosure of substantial acquisitions. Ghelani, being a promoter of the company, is required to report such transactions to maintain transparency in shareholding patterns. The shares of Prime Fresh Limited are listed on BSE Limited.
Prime Fresh Limited promoter Hardik Chandrakant Ghelani has pledged a significant portion of his shareholding to secure banking facilities. The promoter disclosed the encumbrance of 6,25,800 equity shares to the stock exchange, representing 4.55% of the company's total share capital.
Share Pledge Details
The pledge transaction was executed on March 18, 2026, with the formal disclosure made to BSE Limited on March 19, 2026. The shares have been pledged to Bank of Baroda as collateral for loan facilities.
Parameter: Details Promoter Name: Hardik Chandrakant Ghelani Shares Pledged: 6,25,800 equity shares Percentage of Capital: 4.55% Pledge Date: March 18, 2026 Beneficiary: Bank of Baroda Purpose: Collateral for loan
Promoter Holdings and Encumbrance Status
Prior to this transaction, Hardik Chandrakant Ghelani held 6,25,800 shares representing 4.55% of Prime Fresh Limited's total share capital with zero encumbered shares. Following the pledge creation, his entire holding of 6,25,800 shares now stands encumbered.
Holding Status: Number of Shares Percentage Total Promoter Holding: 6,25,800 4.55% Previously Encumbered: 0 0% Newly Pledged: 6,25,800 4.55% Post-Event Encumbered: 6,25,800 4.55%
Regulatory Compliance
The disclosure was made pursuant to Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter submitted the required documentation to both BSE Limited and Prime Fresh Limited, ensuring full compliance with regulatory requirements for share encumbrance reporting.
The company is listed on BSE Limited, and the promoter has fulfilled all disclosure obligations related to the pledge creation. This represents the first instance of share encumbrance by this particular promoter in the target company.
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