Hexagon Nutrition shares rise as SEBI receives takeover disclosure for Vikram Kelkar
Why did Hexagon Nutrition Ltd shares jump today?
Hexagon Nutrition Ltd shares saw a notable jump today, closing at ₹65.46, which represents an increase of 0.06% as of Wednesday, 05:48 PM. This upward movement in the stock price occurred following a significant regulatory announcement.
The catalyst for this price action was the receipt of a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, specifically concerning Mr. Vikram Kelkar. This regulation mandates that any person acquiring a substantial number of shares in a company must formally notify both the company and the stock exchanges.
Such a disclosure is often closely watched by the market as it signals a significant transaction involving a major investor or stakeholder. The filing indicates a substantial acquisition, which can be interpreted as a vote of confidence in the company's future prospects, potentially driving positive investor sentiment and contributing to the stock's upward movement on the trading day.
What does Hexagon Nutrition Ltd do?
Hexagon Nutrition Ltd is a company engaged in the manufacturing and trading of food supplements, nutraceuticals, and sports nutrition products. It provides contract manufacturing services to other businesses in the industry.
The company operates through a business-to-business (B2B) model, serving retailers and distributors, while also reaching end consumers through e-commerce platforms and brand partners. Hexagon Nutrition exports its products to over 20 countries, with a presence in markets across the Middle East, Europe, and Southeast Asia.
Hexagon Nutrition Ltd Financials
In CroresHexagon Nutrition Ltd's financial data shows a clear upward trend over the one-year period. Revenue increased from ₹72.86 Crores in June 2025 to ₹104.31 Crores in June 2026, representing substantial growth. Correspondingly, profit also rose, moving from ₹6.46 Crores to ₹8.07 Crores. This indicates that the company's top-line expansion during this period was accompanied by a solid increase in its bottom-line performance.
Hexagon Nutrition Ltd Shareholding Pattern
Promoter holding stands at 64.29% of the total share capital. Foreign Institutional Investors (FIIs) hold 0.29% stake in the company, while Domestic Institutional Investors (DIIs) hold 6.42%. Public shareholders hold the remaining 28.99% stake in Hexagon Nutrition Ltd.
Hexagon Nutrition Ltd FAQs
Q: Why did Hexagon shares jump 0.06% today?
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vikram Kelkar. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of Hexagon Nutrition Ltd?
As per the latest data, promoters hold 64.29% stake in Hexagon Nutrition Ltd, while FII holding stands at 0.29%. Domestic institutional investors hold 6.42%, and public shareholders account for 28.99% of the equity.
Q: What is the current stock price of Hexagon Nutrition Ltd?
Hexagon Nutrition Ltd shares are currently trading at ₹65.46, recording a gain of 0.06% from the previous close.
Q: What is the market capitalization of Hexagon Nutrition Ltd?
The company currently has a market capitalization of ₹804.62 crore, reflecting its valuation in the Indian equity market.