ANIKINDSBSEAnik Industries LtdHighNegative
Announced Tue, 1 Apr, 2025 · 12:22 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nitesh Shahra

Promoter Stake Sell 1pctOwnership Changes View source PDFExplain this filing

ANIKINDS · price

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

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AI summary

Nitesh Shahra, a member of the promoter group of Anik Industries Ltd, has disposed of his entire 4,98,172 equity shares (1.79% of the company's capital) by way of an off-market gift transfer to his daughter, Ms. Gauri Shahra. The transaction was carried out on 28th March 2025 and disclosed on 29th March 2025. After this disposal, Nitesh Shahra's individual holding in the company stands at zero shares. Since the shares were transferred within the promoter family (father to daughter), the overall promoter group's combined shareholding in Anik Industries remains unchanged.

Likely market impact

This is a non-market, intra-family transfer (gift) between promoter group members, so there is no change in the total promoter holding of the company and no impact on the stock price is expected. Shareholders should note that individual promoter holdings have been reshuffled, but the promoter group's collective control and voting power remain the same.