The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tapovan Paper & Board Mills Ltd & Others
AGRITECH · price
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Tapovan Paper & Board Mills Ltd has filed a SEBI SAST disclosure on behalf of three transferor companies (Nath Securities Ltd, Paresh Farms Pvt Ltd, and Prabha Farms Pvt Ltd) that merged into it under a scheme of amalgamation sanctioned by NCLT on November 26, 2025. As a result, 1,30,512 equity shares of Agri-Tech (India) Ltd, representing 2.20% of paid-up equity capital, have vested in Tapovan Paper & Board Mills Ltd. The share transfer is purely an internal reorganization within the promoter group, and the aggregate promoter and promoter group shareholding remains unchanged at 30.90% (18,35,487 shares) before and after the transaction. The effective date of the scheme was January 9, 2026, being the date of filing Form INC-28 with the Registrar of Companies.
This is a routine internal restructuring event with no impact on total promoter shareholding or the stock price. Existing shareholders should note that the ownership structure within the promoter group has been simplified through amalgamation, but their economic interest and the company's promoter control (30.90%) remain entirely unaffected.