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Vidarbha Tradelinks boosts stake in Bajaj Steel Industries

December 6, 2025 at 11:39 AM UTCBy FilingReader AI

Vidarbha Tradelinks Private Limited (VTPL), part of the promoter group for Bajaj Steel Industries Limited, has increased its shareholding in the target company as per a disclosure made under SEBI Takeover Regulations, 2011. The acquisition, dated December 4, 2025, occurred pursuant to a National Company Law Tribunal (NCLT)-approved Scheme of Arrangement involving Bajaj Exports Private Limited, Rohit Polytex Limited, and Vidarbha Tradelinks Private Limited.

Prior to the acquisition, Vidarbha Tradelinks Private Limited held 1,672,000 shares, representing 8.04% of the total voting capital. An additional 26,400 shares, previously held by Rohit Polytex Limited (0.13%), were transferred to VTPL as part of the scheme.

Following the transaction, Vidarbha Tradelinks Private Limited's total shareholding in Bajaj Steel Industries Limited now stands at 1,698,400 shares, equating to 8.17% of the equity share capital. The equity share capital of Bajaj Steel Industries Limited remains Rs.10,40,00,000/-, consisting of 2,08,00,000 Equity Shares of Rs. 5/- Each.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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