AV AC DC Renew Private Limited, a promoter group entity, has recently increased its shareholding in Ampvolts Limited (formerly known as Quest Softech (India) Limited) through an open market transaction. As per the latest disclosure under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the company has acquired an additional 51,684 shares, thereby raising its total stake to 54.50% from the earlier 54.30%.

This acquisition was executed on March 13, 2025, and was formally reported to BSE Limited on March 17, 2025. The disclosure ensures compliance with SEBI's regulatory framework, which mandates timely reporting of substantial changes in shareholding patterns. The filing was made by Vipul Chauhan, Director of AV AC DC Renew Private Limited, who holds DIN: 01241021.

Pre and Post-Acquisition Shareholding Details

Prior to the acquisition, AV AC DC Renew Private Limited held a 54.30% stake, translating to 1,41,17,720 shares in Ampvolts Limited. After the purchase of 51,684 additional shares, the total holding has now increased to 1,41,69,404 shares, representing 54.50% of the total voting capital of the company.

The equity share capital of Ampvolts Limited remains unchanged at Rs. 25,83,52,070/-, comprising:

• 2,57,10,913 fully paid equity shares of Rs. 10 each, aggregating to Rs. 25,71,09,130/-

• 1,82,036 partly paid-up equity shares of Rs. 3 each, aggregating to Rs. 5,46,108/-

• 1,07,051 partly paid-up equity shares of Rs. 6.50 each, aggregating to Rs. 6,95,831.50/-

Regulatory Compliance and Stock Exchange Filing

As per SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, any significant changes in promoter holdings must be disclosed promptly to the stock exchange. AV AC DC Renew Private Limited's latest transaction falls under these regulatory requirements, ensuring transparency in corporate governance and investor information.

BSE Limited, the primary stock exchange where Ampvolts Limited is listed, has been notified of this transaction through the formal disclosure process. Such disclosures are crucial for maintaining market integrity and providing investors with accurate information about major stakeholder movements within a company.

Market Impact and Future Outlook

The increase in promoter stake by AV AC DC Renew Private Limited signals a strong commitment to Ampvolts Limited and reflects the promoter's confidence in the company's future growth and profitability. This move could potentially influence investor sentiment, as promoter buy-ins are often perceived as a positive indicator of a company's financial health and long-term prospects.

With the Indian stock market witnessing increased regulatory scrutiny and transparency, such timely disclosures under SEBI regulations ensure that shareholders and market participants remain informed about crucial corporate developments.

Conclusion

The latest acquisition by AV AC DC Renew Private Limited marks another milestone in its association with Ampvolts Limited, reinforcing its strategic investment in the company. As the stock market reacts to this news, investors and stakeholders will closely monitor the future performance of Ampvolts Limited, particularly in light of its promoter group's continued confidence and increasing stakeholding.

For market participants and regulatory bodies, adherence to SEBI norms and timely disclosures remain a key factor in ensuring corporate governance, transparency, and investor protection in the ever-evolving landscape of the Indian stock exchange.

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