Hari Shanker Khemka For and on behalf of Hari Khemka Business Family Trust has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Hari Khemka Business Family Trust (a promoter entity) has informed the exchanges about a proposed acquisition of 55,000 equity shares (0.05% of paid-up capital) from Hari Shanker Khemka, who is acting as trustee. The transfer is part of a private family arrangement among promoters and is being done at nil consideration (no cash payment). Post the transaction, the Trust's holding will rise marginally from 15.24% to 15.29%, while Hari Shanker Khemka's personal holding will reduce from 55,100 shares to 100 shares. The acquisition is exempt from making an open offer under Regulation 10(1)(a)(i) of the Takeover Regulations. The effective date of the transfer is on or after March 27, 2026.
This is a routine internal reshuffling of shares within the promoter family, with no change in ultimate promoter control and negligible impact on overall promoter shareholding. Retail investors are unlikely to see any material impact on the stock price since the size of the transfer is very small (0.05%) and no cash is involved.