The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(ii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Ankit Jalan received 71,95,868 equity shares (44.62% of total share capital) of Agio Paper & Industries Ltd as a gift from Murari Lal Jalan, another member of the Promoter Group, on March 13, 2025. The transfer was done off-market at no consideration and qualifies for exemption under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011. After the transfer, Ankit Jalan's holding rose from 0.72% (1,15,468 shares) to 45.34% (73,11,336 shares), while Murari Lal Jalan's holding dropped to zero. The aggregate promoter and promoter group holding remains unchanged at 45.34% since this is purely an internal reshuffle within the promoter family.
Since this is an internal gift transfer within the promoter family, there is no change in total promoter ownership or cash flow for the company, and no open offer is triggered. Shareholders should note that control remains with the same promoter group, so the move is largely administrative with no material impact on the stock price or minority shareholder interests.