Vidarbha Tradelinks significantly increases stake in Bajaj Steel Industries

Vidarbha Tradelinks Private Limited (VTPL) has acquired 26,400 equity shares of Bajaj Steel Industries Limited from Rohit Polytex Limited and 17,10,400 equity shares from Bajaj Exports Private Limited. These acquisitions, completed on December 4, 2025, and December 11, 2025, respectively, were made at no acquisition price per share, as part of an inter-se transfer under an NCLT-approved Scheme of Arrangement.

Prior to the first acquisition, Vidarbha Tradelinks Private Limited held 16,72,000 shares, representing 8.04% of Bajaj Steel Industries' total share capital. After acquiring shares from Rohit Polytex Limited, its holding increased to 16,98,400 shares, or 8.17%. With the subsequent acquisition from Bajaj Exports Private Limited, Vidarbha Tradelinks' total shareholding now stands at 34,08,800 shares, representing 16.39% of the total share capital of Bajaj Steel Industries.

The acquisition is exempt under Regulation 10(1)(d)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it is a transfer of shares pursuant to a scheme of arrangement approved by a competent Tribunal. Vidarbha Tradelinks Private Limited paid a filing fee of ₹150,000 + GST on November 3, 2025, for this disclosure.