BSEASI Industries LtdMediumNeutral
Announced Tue, 17 Jun · 16:26 IST

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

Promoter Below 50pctOwnership Changes View source PDF

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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

Deepak Jatia and three other promoter group members (Tushya Jatia, Anita Jatia, Prerna Agarwal) disclosed acquisition of 2,75,02,779 equity shares (30.53%) of ASI Industries Ltd on 16 June 2025 under SEBI SAST Regulation 29(2). The shares were received via an off-market inter-se transfer from Deepak Jatia (HUF) following its dissolution and full partition, with shares vesting/inheriting to its members. The combined promoter group holding increased from 15.01% (1,35,07,963 shares) to 45.53% (4,10,10,742 shares). After the transfer, Deepak Jatia individually holds 34.98% (3,15,03,962 shares), Tushya Jatia 4.28%, Anita Jatia 3.37%, and Prerna Agarwal 2.91%. There is no change in the total equity share capital of the company (9,00,74,910 shares of Re. 1 each), and no encumbrance is involved.

Likely market impact

This is an internal family restructuring event (HUF dissolution) with no impact on the company's share capital or market float. Shareholders need not be concerned about any change in control or dilution; however, the combined promoter holding remains below 50% at 45.53%, meaning no single promoter entity has a majority stake in the company.