The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pilani Investment & Industries Corporation Ltd
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Pilani Investment and Industries Corporation Limited, part of the promoter group of Aditya Birla Lifestyle Brands Limited, has disclosed an open market purchase of 2,44,00,000 equity shares (2.00% of share capital). This takes the acquirer's individual holding from 3.67% (4,48,22,856 shares) to 5.67% (6,92,22,856 shares) as of 29 December 2025. The total promoter group shareholding in Aditya Birla Lifestyle Brands remains at 46%. The shares were bought in four tranches between 23 and 29 December 2025, each of 61 lakh shares. This is a Regulation 29(2) SAST disclosure, triggered because the acquirer crossed the 5% shareholding threshold.
This signals continued promoter confidence in Aditya Birla Lifestyle Brands, with a promoter-group entity boosting its personal stake through open market buying. For shareholders, it is a positive sentiment indicator, though the overall promoter holding remains unchanged at 46%, suggesting an internal rebalancing rather than fresh promoter infusion.