V-Mart Retail Limited — Others, 30-06-2025: Disclosure under SEBI Takeover Regulations

V-Mart’s promoter entity, Conquest Business Service Pvt. Ltd. (CBSPL), saw an indirect shareholding change due to an inter-se transfer of 13,908 equity shares from Madan Gopal Agarwal to Lalit Agarwal, increasing Lalit Agarwal’s stake in CBSPL from 57.09% to 71%. The transfer of 1,97,33,161 Compulsorily Convertible Debentures faced a technical delay but will be completed soon. This restructuring impacts promoter holding but involves no change in overall equity. The update is significant for shareholders tracking promoter control and ownership structure.