AI Summary
Valecha Engineering Limited has disclosed substantial share acquisitions by two entities under Regulation 29(1) of SEBI SAST Regulations, 2011. Aether Perspectives LLP, formerly known as One Media Facility Management, was allotted 99,13,211 equity shares of Rs.10/- each, representing 44% of the company's share capital. JK Solutions Private Limited was allotted 1,14,90,313 equity shares of Rs.10/- each, representing 51% of the share capital. Both acquisitions were executed on 27.12.2024 pursuant to an NCLT order dated 25.06.2024 as part of a resolution plan. The company's total equity share capital remains at 2,25,30,025 shares of Rs.10/- each. Both acquirers have been classified as promoters under the resolution plan. The disclosures were submitted to BSE Limited and National Stock Exchange of India Limited, where Valecha Engineering is listed under scrip code 532389 and trading symbol VALECHAENG respectively.
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Valecha Engineering Limited has made disclosures to stock exchanges regarding substantial share acquisitions by Aether Perspectives LLP and JK Solutions Private Limited under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisitions were executed pursuant to a resolution plan approved by the National Company Law Tribunal (NCLT) on 25.06.2024, with share allotments completed on 27.12.2024.
Acquisition Details
Aether Perspectives LLP, formerly known as One Media Facility Management, was allotted 99,13,211 equity shares of Rs.10/- each, representing 44% of the target company's total share capital. JK Solutions Private Limited was allotted 1,14,90,313 equity shares of Rs.10/- each, representing 51% of the share capital. Both allotments exceeded the 5% threshold requiring mandatory disclosure under SEBI regulations.
Acquirer Shares Acquired Percentage Holding Face Value Aether Perspectives LLP 99,13,211 44% Rs.10/- each JK Solutions Private Limited 1,14,90,313 51% Rs.10/- each
Company Capital Structure
The equity share capital of Valecha Engineering Limited before and after the acquisitions remains unchanged at 2,25,30,025 equity shares of Rs.10/- each. The total diluted share/voting capital also stands at 2,25,30,025 equity shares of Rs.10/- each. Both acquirers have been classified as belonging to the promoter/promoter group as per the resolution plan.
Regulatory Compliance
The disclosures were submitted to BSE Limited (scrip code 532389) and National Stock Exchange of India Limited (trading symbol VALECHAENG). The mode of acquisition was specified as allotment under the resolution plan approved by NCLT dated 25th June 2024. The securities acquired are equity shares of the target company with no conversion features or redemption timelines. The disclosures were signed by Bhushan Ravindra Sable, Partner of Aether Perspectives LLP and Director of JK Solutions Private Limited, with DIN 03268957.
Valecha Engineering Limited has officially incorporated UV Bharat Private Limited as its subsidiary company on 01.04.2026, registered with the Registrar of Companies under CIN U43299MH2026PTC470039. The company disclosed this development through a regulatory filing dated 23.04.2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. This strategic expansion marks Valecha Engineering's entry into focused infrastructure development through a controlled subsidiary entity.
Subsidiary Company Details
UV Bharat Private Limited has been established with a capital structure designed to support infrastructure development initiatives. The company's financial framework reflects Valecha Engineering's commitment to expanding its market presence in the infrastructure sector.
Parameter Details Incorporation Date 01.04.2026 CIN U43299MH2026PTC470039 Authorized Share Capital Rs.5,00,000 Number of Authorized Shares 50,000 equity shares Share Face Value Rs.10 each Paid-up Share Capital Rs.1,00,000 Paid-up Shares 1,00,000 equity shares
Investment and Shareholding Structure
Valecha Engineering Limited has acquired a controlling stake in the newly formed subsidiary through a strategic equity investment. The parent company's subscription demonstrates its confidence in the infrastructure sector's growth potential.
Investment Details Amount/Quantity Shares Subscribed by Valecha 5,100 equity shares Investment Amount Rs.51,000 Shareholding Percentage 51% Consideration Type Cash
Business Focus and Operations
UV Bharat Private Limited will operate exclusively in the infrastructure projects sector within India, aligning with Valecha Engineering's core competencies. The subsidiary's business scope encompasses several key areas including infrastructure projects development, builders and developers services, and Engineering, Procurement and Construction (EPC) activities. The company will provide localized infrastructure solutions supporting the parent company's expansion strategy across the Indian market.
Regulatory Compliance
The incorporation has been completed in full compliance with regulatory requirements. Valecha Engineering has fulfilled all disclosure obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, ensuring transparency for stakeholders. The company confirmed that the initial subscription does not fall within the purview of Related Party Transactions, and no additional governmental or regulatory approvals are required for this incorporation. The Certificate of Incorporation was digitally signed on 20.04.2026.
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