Promoter Ram Gopal Jindal Increases Stake in NDA Securities to 3.04%
By Ankur Chandra | Updated at: May 31, 2025 10:46 PM IST
Promoter of NDA Securities Limited, Ram Gopal Jindal, has acquired 1,80,785 equity shares off market on 12 April 2016, increasing his holding in the company by 3.04%.
Key Transaction Highlights
- Acquirer: Ram Gopal Jindal
- Persons Acting in Concert (PAC): Gaurav Jindal
- Target Company: NDA Securities Limited
- Seller: Sanjay Agarwal (Promoter Group)
- Mode of Acquisition: Off-market via Share Purchase Agreement dated February 1, 2024
- Date of Transaction: May 23, 2025
Shareholding Pattern
| Particulars | Shares Held | % of Voting Capital |
|---|---|---|
| Pre-Acquisition | ||
| Ram Gopal Jindal | 23,63,279 | 39.73% |
| Gaurav Jindal (PAC) | 6,10,250 | 10.26% |
| Total | 29,73,529 | 49.99% |
| Shares Acquired by Jindal | 1,80,785 | 3.04% |
| Post-Acquisition | ||
| Ram Gopal Jindal | 25,44,064 | 42.77% |
| Gaurav Jindal (PAC) | 6,10,250 | 10.26% |
| Total | 31,54,314 | 53.03% |
Company Share Capital
- Total Equity Shares: 59,48,364
- Face Value: ₹10 each
- Total Paid-up Capital: ₹5,94,83,640
- No Change in Capital Structure: The transaction does not alter the overall equity base of the company.
Strategic Implications
With this acquisition, Ram Gopal Jindal, Gaurav Jindal PAC who holds above 53.03% becomes the majority shareholder of NDA Securities Limited. The share transfer is part of an earlier deal entered with the outgoing promoter group that included Sanjay Agarwal, N D Agarwal, Deepti Agarwal, Saroj Agarwal, N D Agarwal HUF and NDA Research & Technologies Pvt Ltd. “The move definitely consolidates leadership and seems to set the stage for strategic realignments in how the company operates and is governed.”
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