Finavenue Growth Fund raises stake in Ravita Engineering; Gallantt Ispat promoter sells Rs 150-crore shares

Finavenue Capital Trust – Finavenue Growth Fund held a 1.24% stake in Ravita Engineering, equivalent to 4.66 lakh shares, according to the shareholding pattern published on October 21, 2026. In other transactions, investor Bhavna Hitesh Patel acquired 4.69 lakh shares in Ravita Engineering for Rs 5.25 crore, while Yash Hitesh Patel purchased 5.29 lakh shares for Rs 5.92 crore. Both transactions were executed at Rs 112 per share, while Yashvi Hitesh Patel acquired 7.18 lakh shares for Rs 8.04 crore at Rs 111.96 per share.

The combined purchases by the Patel family accounted for 4.55% of the company's paid-up equity. Ravita Engineering Services recently raised Rs 116.05 crore through its initial public offering (IPO). Larsen & Toubro buys 1.3% stake in Capital Infra Trust from AK Capital Finance Larsen & Toubro (L&T), the engineering and infrastructure major, purchased 66.44 lakh units, representing 1.3% of the total outstanding units, in Capital Infra Trust for Rs 50.22 crore.

AK Capital Finance was the seller in the transaction, with the units changing hands at Rs 75.59 per unit. Suryalaxmi Infracon acquires over 1% stake in Gallantt Ispat from promoter Suryalaxmi Infracon purchased 26.51 lakh equity shares, representing 1.09% of the paid-up equity, in steel products manufacturer Gallantt Ispat for Rs 149.83 crore. Promoter Gallantt Industry sold the shares at Rs 565 per share.

Gallantt Ispat shares fell 0.99% to close at Rs 548.80 amid higher trading volumes. SoftBank affiliate sells 82.92 lakh rights equity shares in Ola Electric Mobility SVF II Ostrich (DE) LLC, an affiliate of Japanese multinational investment group SoftBank, sold 82.92 lakh rights equity shares in Ola Electric Mobility for Rs 3.01 crore at Rs 3.64 per share. The electric vehicle manufacturer opened its rights issue of 37.02 crore equity shares, aggregating Rs 999.7 crore, on October 22. The rights issue price has been fixed at Rs 27 per share.