The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shri Krishan Saraf & Sons HUF
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Shri Krishan Saraf & Sons HUF, part of the promoter group of Acknit Industries Ltd, purchased 61,000 equity shares through an inter-se transfer (among promoter group entities). The acquisition increased their holding from 1,37,797 shares (4.53%) to 1,98,797 shares (6.54%), representing a 2.01% increase in voting capital. The transaction took place on 08.06.2026 and moved the HUF's stake across the 5% disclosure threshold. The total equity share capital of the company is 30,40,000 shares of Rs. 10 each.
This is a promoter-group internal reshuffle rather than an open-market purchase, so it signals consolidation within the promoter family rather than new money coming in. For shareholders, the overall promoter shareholding in the company remains the same, and the share price is unlikely to be materially affected by this transfer.