BSEInsider Trading / SAST1 Oct 2026 · 1 Oct 2026, 12:21 pm
Akash Agarwal has informed the Exchange about withdrawal of its disclosures submitted under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
V2 Retail Ltd · 532867
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V2 Retail Ltd has postponed the proposed acquisition of 70,00,000 equity shares by Akash Agarwal from Ram Chandra Agarwal due to technical issues and PAN freezing during the trading window closure period.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
V2 Retail Ltd - 532867 - Updates on Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
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01st October, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot No. C/1, G Block, 25th Floor, Phiroze Jeejeebhoy Tower,
Bandra Kurla Complex, Dalal Street, Mumbai-400001
Bandra (East), Mumbai-400051 BSE Code-532867
NSE Code- V2RETAIL
V2 Retail Limited
Khasra No. 928, Extended Lal Dora Abadi,
Village - Kapashera, Tehsil, New Delhi – 110037
Subject: Intimation regarding postponement of proposed acquisition of 70,00,000 Equity Shares
pursuant to inter-se transfer under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Dear Sir/Madam,
This is with reference to the prior intimation submitted to the Stock Exchanges under Regulation 10(5) of
the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations,
2011 (“Takeover Regulations”), dated 23rd September, 2026, in respect of the proposed acquisition of
70,00,000 (Seventy Lakh) Equity Shares of V2 Retail Limited (“Company”) by Mr. Akash Agarwal from Mr.
Ram Chandra Agarwal, by way of gift through an off-market inter-se transfer between
promoters/immediate relatives, as covered under Regulation 10(1)(a)(i) and (ii) of the Takeover
Regulations.
We wish to inform you that the aforesaid proposed transfer could not be completed due to certain
technical issues encountered during the process of effecting the transfer.
Further, the transfer could not be processed subsequently due to the freezing of the PAN during the trading
window closure period, which commenced from 1st October, 2026 and shall remain closed until 14th
November, 2026 or 48 hours after the declaration of the unaudited financial results of the Company for
the quarter and half year ended 30th September, 2026, whichever is applicable, in accordance with the
applicable provisions and the Company's Code of Conduct for Prevention of Insider Trading.
In view of the above circumstances, the proposed transfer of 70,00,000 Equity Shares is hereby being
postponed/deferred for the time being and shall not be proceeded with at this stage.
The transferor and transferee propose to undertake the aforesaid inter-se transfer at a later date, subject
to completion of the necessary procedural and regulatory requirements. The Company/concerned parties
shall make a fresh intimation to the Stock Exchanges in accordance with the applicable provisions, following
the same process and route, prior to undertaking the proposed transfer in the future.
This intimation is being submitted for your information and records.
Thanking you,
Yours faithfully,
Akash Agarwal
(Acquirer/ Member of Promoter Group)