The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
AGIIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Harbans Kaur, mother of promoter group members Bikramjit Singh and Ranjit Singh, will acquire 2,15,60,000 equity shares (17.65% of voting rights) of AGI Infra as a gift at nil consideration. Specifically, she will receive 34,30,000 shares (2.81%) from Bikramjit Singh and 1,81,30,000 shares (14.84%) from Ranjit Singh, on or after February 26, 2026. The transfer qualifies for an exemption from open offer under Regulation 10(1)(a)(i) as an inter-se transfer among immediate relatives of the promoter group. The 60-day VWAP reference price is Rs. 271.12 per share, though no cash changes hands. Total promoter group shareholding remains unchanged at 72.94% before and after the transaction.
No change in overall promoter group ownership (stays at 72.94%), so controlling interest is unaffected and there is no trigger for an open offer. This appears to be a family estate/succession reshuffle within the promoter group with no direct material impact on the stock price or minority shareholders.