Vidarbha Tradelinks increases stake in Bajaj Steel

Vidarbha Tradelinks Private Limited (VTPL) announced on December 9, 2025, the acquisition of 26,400 equity shares in Bajaj Steel Industries Limited. This transaction stems from an NCLT-approved scheme of arrangement between Bajaj Exports Private Limited, Rohit Polytex Limited, and VTPL, resulting in the transfer of Rohit Polytex Limited's equity shareholding in Bajaj Steel Industries Limited to VTPL.

Prior to this acquisition, Vidarbha Tradelinks Private Limited held 1,672,000 shares, representing 8.04% of the total share capital. The newly acquired 26,400 shares, which constitute 0.13% of the diluted share capital, bring VTPL's post-acquisition holding to 1,698,400 shares, or 8.17% of Bajaj Steel Industries Limited. The shares were acquired from Rohit Polytex Limited on December 4, 2025.

This acquisition falls under Regulation 10(1)(d)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, exempting VTPL from making an open offer.