Vijay Solvex Limited completed an inter-se transfer where Deepak Vegpro Private Limited acquired 15,000 equity shares (0.469%) from promoter Dinesh Gupta at Rs. 401 per share on March 5, 2026. The transaction, executed through on-market purchase, falls under SEBI SAST exemptions as it involves promoter group members, with aggregate promoter holding remaining unchanged.
Vijay Solvex Limited Completes Inter-Se Transfer of 15,000 Equity Shares Among Promoter Group
Vijay Solvex Limited has announced the completion of an inter-se transfer of equity shares among its promoter group members, as disclosed to BSE Limited on March 6, 2026. The transaction involves the transfer of shares between promoter group entities without affecting the overall promoter holding in the company.
Transaction Details
Deepak Vegpro Private Limited, a member of the promoter and promoter group, has acquired 15,000 equity shares from Mr. Dinesh Gupta, another promoter group member. The acquisition represents 0.469% of the company's paid-up equity capital and was executed through an on-market transaction on March 5, 2026.
Transaction Parameter: Details Acquirer: Deepak Vegpro Private Limited Seller: Mr. Dinesh Gupta Number of Shares: 15,000 equity shares Percentage of Capital: 0.469% Transaction Date: March 5, 2026 Price per Share: Rs. 401 Transaction Mode: On-market transaction
Regulatory Compliance
The transaction falls within the exemption under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it constitutes an inter-se transfer among promoter group members. Prior intimation regarding this proposed acquisition was submitted to the stock exchanges on February 24, 2026, in compliance with Regulation 10(5) of the SEBI SAST Regulations.
Shareholding Impact
The inter-se transfer has resulted in changes to individual shareholdings within the promoter group while maintaining the aggregate promoter holding unchanged.
Entity: Pre-Transaction Shares Pre-Transaction % Post-Transaction Shares Post-Transaction % Deepak Vegpro Pvt. Ltd.: 103,106 3.220% 118,106 3.689% Dinesh Gupta: 15,000 0.469% - -
Corporate Information
Vijay Solvex Limited, incorporated in 1987, operates from its registered office at Bhagwati Sadan, S.D. Marg, Alwar, Rajasthan. The company's manufacturing facility is located in the Old Industrial Area, Itarana Road, Alwar. Deepak Vegpro Private Limited, the acquiring entity, is also based in Alwar and serves as a promoter group company.
The disclosure was signed by Jay Prakash Lodha, Company Secretary and Compliance Officer of Vijay Solvex Limited, and Bhagwat Swaroop, Manager (Accounts) of Deepak Vegpro Private Limited, ensuring proper authorization and compliance with regulatory requirements.
Vijay Solvex Limited has officially confirmed receipt of prior intimation from Deeplak Vegpro Private Limited regarding the proposed acquisition of equity shares through inter-se transfer among promoter group members.
Transaction Overview
The company received intimation on February 24, 2026, from Deeplak Vegpro Private Limited regarding its intention to acquire up to 15000 equity shares from Mr. Dinesh Gupta, both being members of the promoter and promoter group.
Parameter: Details Shares to be Acquired: Up to 15000 shares Percentage of Share Capital: 0.469% Seller: Dinesh Gupta Acquirer: Deeplak Vegpro Private Limited Transaction Method: On market transaction Proposed Date: On or after March 05, 2026 Price: At prevailing market price
Regulatory Compliance
The transaction qualifies for exemption under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it represents an inter-se transfer of equity shares among promoter and promoter group members. The volume weighted average market price for 60 trading days preceding the notice date stands at ₹546.72.
Deeplak Vegpro has declared compliance with all applicable disclosure requirements under Chapter V of the SEBI Takeover Regulations and confirmed that the acquisition price will not exceed 25% of the volume weighted average market price.
Shareholding Impact
The inter-se transfer will result in changes to individual shareholding patterns while maintaining the aggregate promoter group holding unchanged at 68.962%.
Entity: Before Transaction After Transaction Deeplak Vegpro Shares: 103106 (3.220%) 118106 (3.689%) Dinesh Gupta Shares: 15000 (0.469%) - Total Promoter Group: 2207667 (68.962%) 2207667 (68.962%)
Key Promoter Holdings
The promoter and promoter group structure includes multiple significant shareholders with substantial holdings in the company.
Promoter Entity: Shareholding Vijay Data: 373964 shares (11.682%) Vijay Agro Mills Private Limited: 249120 shares (7.782%) Daya Kishan Data: 195876 shares (6.119%) Gaurav Enclave Private Limited: 159600 shares (4.986%) Vijay International Private Limited: 157300 shares (4.914%)
Corporate Authorization
Bhagwat Swaroop, Manager (Accounts) of Deeplak Vegpro Private Limited, was duly authorized through Board Resolution dated February 16, 2026, to execute the transaction. Jay Prakash Lodha, Company Secretary & Compliance Officer of Vijay Solvex Limited, confirmed receipt of the intimation and necessary documentation.
The transaction documentation includes comprehensive disclosure under Regulation 10(5) of SEBI SAST Regulations with detailed shareholding patterns before and after the proposed acquisition.
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.