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Thrive Future Habitats Limited has disclosed a substantial acquisition of shares involving an inter-se transfer of 3,00,000 equity shares between promoters. The transaction was reported to BSE Limited on April 02, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
Arvinder Singh Pasricha acquired 3,00,000 equity shares from Mrs. Aman Pasricha Balsara through an off-market inter-se transfer by way of gift. The transaction was completed on March 30, 2026, between promoters who are also immediate relatives pursuant to Regulation 10(1)(a)(i) of SEBI takeover regulations.
Transaction Parameter: Details Shares Transferred: 3,00,000 equity shares Transfer Mode: Off-market inter-se transfer by gift Transaction Date: March 30, 2026 Parties: Between promoters (immediate relatives)
Shareholding Changes
The acquisition resulted in significant changes to Arvinder Singh Pasricha's shareholding position in the company. His voting rights increased from 27.58% to 30.72% of the total share capital.
Shareholding Details: Before Transaction After Transaction Change Shares with Voting Rights: 26,36,716 29,36,716 +3,00,000 Percentage of Share Capital: 27.58% 30.72% +3.14% Diluted Percentage: 13.97% 15.56% +1.59% Warrants Held: 27,95,502 27,95,502 No change Total Securities: 54,32,218 57,32,218 +3,00,000
Company Capital Structure
The company's equity share capital remained unchanged at INR 9,56,09,890, representing 95,60,989 equity shares of INR 10.00 each. The total diluted share capital stands at INR 18,87,33,530, including 93,12,364 convertible warrants.
Post-Transaction Developments
The disclosure noted that subsequent to this transaction, the company undertook an allotment of 17,58,592 equity shares on March 31, 2026. This resulted in a change in paid-up share capital from Rs. 9,56,09,890 to Rs. 11,31,95,810. However, the percentage shareholding calculations were based on the pre-allotment capital structure as the allotment was completed after the gift transaction date.
Impact of Share Allotment
The company provided comparative shareholding structures showing the impact of the subsequent share allotment:
Structure: Pre-Allotment (Post Gift) Post-Allotment Share Percentage: 30.72% 25.94% Diluted Percentage: 30.37% 27.78% Total Securities: 57,32,218 57,32,218
The transaction represents a routine inter-se transfer between promoter family members and maintains the promoter group's overall control in the company while redistributing shareholding within the group.
Thrive Future Habitats Limited has announced another substantial acquisition of shares through preferential allotment. The disclosure was made on April 02, 2026, revealing Mr. Vijay Kumar Thadani's acquisition of a significant stake in the company.
Acquisition Details
Mr. Vijay Kumar Thadani acquired 8,39,328 equity shares of Thrive Future Habitats Limited through preferential allotment on March 31, 2026. This acquisition represents his entry as a substantial shareholder in the company.
Parameter: Details Shares Acquired: 8,39,328 Acquisition Method: Preferential Allotment Date of Allotment: March 31, 2026 Promoter Status: No
Shareholding Analysis
The acquisition establishes Mr. Thadani's position in the company. Prior to this transaction, he held no shares in Thrive Future Habitats Limited.
Shareholding Metric: Number % of Total Share Capital % of Diluted Capital Before Acquisition: NIL NIL NIL Shares Acquired: 8,39,328 7.41% 4.07% After Acquisition: 8,39,328 7.41% 4.07%
Company Capital Structure
Following the acquisition, Thrive Future Habitats Limited's capital structure reflects the impact of the preferential allotment. The company's equity share capital after the acquisition stands at Rs. 11,31,95,810, divided into 1,13,19,581 equity shares of Rs. 10.00 each.
The total diluted share capital, assuming full conversion of outstanding convertible securities, amounts to Rs. 20,63,19,450, comprising 2,06,31,945 equity shares of Rs. 10.00 each.
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mr. Thadani, who does not belong to the promoter or promoter group, filed the necessary documentation with BSE Limited, where the company's shares are listed.
The acquisition through preferential allotment represents a strategic investment in Thrive Future Habitats Limited, formerly known as Ador Multiproducts Limited, establishing Mr. Thadani as a notable shareholder in the company.
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