Travels & Rentals Ltd — Important, 23-03-2026: Company Update

Travels & Rentals Limited's promoters, Devendra Bharat Parekh and Taruna Parekh, have acquired additional shares through a Rights Issue. Devendra Bharat Parekh purchased 16,83,000 shares, bringing their total holding to 50,48,390 shares, representing 23.64% of the company's voting capital. Taruna Parekh acquired 11,88,000 shares, increasing their stake to 35,59,670 shares, equivalent to 16.66% of the voting capital. These acquisitions indicate continued promoter participation and confidence following the company's Rights Issue.