Announced Thu, 29 May · 11:15 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pursarth Trading Company Pvt Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pursarth Trading Company Private Limited, part of the Promoter/Promoter Group of Amalgamated Electricity Company Ltd, has filed a disclosure under SEBI Takeover Regulations for an inter-se transfer of shares dated 28-05-2025. Before the transfer, Pursarth held 400,408 equity shares representing 14.42% of the voting capital. After the transfer, its holding stands reduced to nil (0%). The total equity share capital of the company is 27,76,512 shares, and the mode of transaction is described as 'Inter-se Transfer', meaning the shares were moved between promoter group entities rather than sold to the open market.

Likely market impact

Since this is an inter-se transfer within the promoter group, the total promoter shareholding in the company likely remains unchanged — only the entity within the group holding the shares has changed. For retail shareholders, this is essentially internal promoter reshuffling and is generally neutral for the stock price, though it signals active restructuring among the promoters.