V-Mart Retail Limited — Others, 23-06-2025: Disclosure under SEBI Takeover Regulations

Mr. Lalit M Agarwal has announced a board meeting to consider the financial results for the quarter and half-year. He intends to acquire an additional 12.77 lakh equity shares of V-Mart Retail Limited directly, representing 6.46% of the paid-up share capital, through inter-se transfer among immediate relatives without consideration. Additionally, he plans to increase his indirect holding by acquiring a 27.26% stake in Conquest Business Service Pvt. Ltd., a promoter entity holding 37.92% in V-Mart, both in equity shares and compulsory convertible debentures, via gift transfers. This consolidation strengthens promoter control without impacting share capital.