The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dr Rahul Mirchandani
ARIES · price
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Dr. Rahul Mirchandani, a promoter of Aries Agro Ltd, disclosed an acquisition of 1,80,000 equity shares (1.38% of the company's paid-up capital) under SEBI SAST Regulation 29(2). The shares were acquired through transmission/inter se transfer from his brother on 19 December 2025. Post this acquisition, his total holding rose from 35,48,275 shares (27.29%) to 37,28,275 shares (28.67%). The total share capital of the company remains unchanged at 1,30,04,339 equity shares.
This is a passive inter-family share transfer that consolidates the promoter's stake without involving any open-market buying or cash outflow. Existing shareholders need not worry — there is no dilution, no change in control, and promoter holdings remain well below the 50% majority threshold.