The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Deepaj Jatia
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ASI Industries Ltd informed the BSE about an inter-se off-market transfer of 2,75,02,779 equity shares (30.53%) from Deepak Jatia (HUF) to its individual members following the dissolution and full partition of the HUF. The bulk of the shares — 2,74,99,779 (30.53%) — went to Mr. Deepak Jatia, while 1,000 shares each went to Tushya Jatia, Anita Jatia, and Prerna Agarwal. After this transfer, Deepak Jatia's personal holding rose from 4.45% to 34.98%, making him the single largest shareholder, and the combined promoter-group holding stands at roughly 45.53%. The total share capital of the company remains unchanged at 9,00,74,910 shares. Since this is a family reorganization within the promoter group, there is no change in overall promoter ownership or control of the company.
No impact on the company's promoter control or public shareholding pattern, as this is purely an internal family reorganization. Shareholders need not worry about any change in management or voting power; Deepak Jatia now consolidates his personal stake but the promoter group continues to hold around 45.5% of the company.