BSEInsider Trading / SAST5d ago · 14 Aug 2026, 05:12 pm
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vertical Holdings II Pte Ltd & PACs
LEAP India Ltd · 544865
✦ AI SummaryPledge
LEAP India Ltd has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Vertical Holdings II Pte Ltd and its PACs, stating that they hold more than 5% of the share capital of LEAP India Ltd at listing.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
LEAP India Ltd - 544865 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Attachments (1)
📄pdf
Download →
B430F0FB_5990_4257_B0EC_F03E756FCEFC_171242.pdf
View document text
Date: August 14, 2026
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400 001
Maharashtra, India
National Stock Exchange of India Limited
Exchange Plaza Plot No. C/1, G Block
Bandra-Kurla Complex, Bandra (E)
Mumbai - 400 051
Maharashtra, India
Compliance Officer,LEAP India Limited
14thFloor, Commerz
International Business Park
Oberoi Garden City
Off Western Express Highway, Goregaon (East)
Mumbai - 400063
Maharashtra, India
Sub: Disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI Takeover Regulations)
Dear Sir/ Madam,
Enclosed is a disclosure made by Vertical Holdings IIPte. Ltd. under Regulation 29(1) of the SEBI Takeover
Regulations, as it holds more than 5% of the share capital of LEAP India Limited at listing.
We request you to kindly take the above on record.
Thanking you,
Yours faithfully,
Name: Goh Ping Hao
Designation: Director
Place: Singapore
(signature page to follow)
Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Part A Details of the Acquisition1
Name of the Target Company (TC) LEAP India Limited
Name(s) of the acquirer and Persons Acting in Vertical Holdings II Pte. Ltd. (Acquirer)
Concert (PAC) with the acquirer
Persons Acting in Concert with the Acquirer
KIA EBT Scheme 3 (acting through its trustee,
Catalyst Trusteeship Limited) (KIA EBT)
Whether the acquirer belongs to Yes
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the (i) National Stock Exchange of India Limited
shares of TC are Listed (ii) BSE Limited
Details of the acquisition as follows Number % w.r.t. total % w.r.t. total
share/voting diluted
capital share/voting
wherever capital of the
applicable(*) TC (**)
Before the acquisition under consideration,
holding of acquirer along with PACs of:
a) Shares carrying voting rights 28,05,96,2682 -3 68.11%4
b) Shares in the nature of encumbrance (pledge/
lien/ non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by equity
shares
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC
(specify holding in each category)
e) Total (a+b+c+d) 28,05,96,268 - 68.11%
Details of acquisition: NIL NIL NIL
a) Shares carrying voting rights acquired
1 The shares of the TC have been listed on the Stock Exchanges on August 13, 2026. The Acquirer (and its PAC i.e.
KIA EBT) is an existing shareholder of the TC and is making this filing as it holds 5% or more of the shares of the
TC post listing.
2 The number of shares held by the Acquirer (along with PAC) in the TC are prior to the sale of shares by it in the TC
as a part of the offer for sale (OFS) component in the IPO of the TC.
3 The prospectus filed by the TC does not contain the pre-offer percentage shareholding of the Acquirer on a non-fully
diluted basis.
4 This is sourced from the prospectus filed by the TC and has been determined based on the total fully diluted equity
shares, taking into account all convertible, and vested (but not unvested) ESOPs granted by the TC.
b) VRs acquired otherwise than by equity shares
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying category) acquired
d) Shares in the nature of encumbrance (pledge/
lien/ non-disposal undertaking/ others)
e) Total (a+b+c+d) NIL NIL NIL
After the acquisition, holding of acquirer along
with PACs of:
a) Shares carrying voting rights acquired 15,48,10,1065 -6 35.01%7
b) VRs acquired otherwise than by equity shares
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying category) acquired
d) Shares in the nature of encumbrance (pledge/
lien/ non-disposal undertaking/ others)
e) Total (a+b+c+d) 15,48,10,106 35.01% 35.01%
Mode of acquisition (e.g. open market / public Not applicable.
issue / rights issue / preferential allotment/ inter-se
transfer/encumbrance, etc.)
Salient features of the securities acquired Not applicable.
including time till redemption, ratio at which it can
be converted into equity shares, etc.
Date of acquisition of/ date of receipt of intimation Not applicable.
of allotment of shares / VR/ warrants/convertible
securities/any other instrument that entitles the
acquirer to receive shares in the TC.
Equity share capital / total voting capital of the TC INR 41,03,47,780/- comprising of 41,03,47,780
before the said acquisition equity shares of INR 1/- each fully paid-up.8
Equity share capital/ total voting capital of the TC INR 44,05,36,458/- comprising of 44,05,36,458
after the said acquisition equity shares of INR 1/- each fully paid-up.9
Total diluted share/voting capital of the TC after -10
the said acquisition
5This filing is being made given that the Acquirer holds more than 5% of share capital of the TC at listing post a sale
of shares in the OFS component by the Acquirer and its PAC i.e. KIA EBT.
6The prospectus filed by the TC does not contain the post-offer percentage shareholding of the Acquirer on a non-
fully diluted basis.
7 This is sourced from the prospectus filed by the TC andhas been determined based on the total fully diluted equity
shares, taking into account all convertible, and vested (but not unvested) ESOPs granted by the TC.
8This number is sourced from the prospectus and is of the TC prior to the IPO.
9This number is sourced from the prospectus and is of the TC post the IPO.
10The prospectus filed by the TC does not contain the total diluted share/voting capital of the TC post-listing.