The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Limrose Engineering Work Pvt Ltd
ATLASCYCLE · price
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Limrose Engineering Work Private Limited, a promoter group entity, sold its entire holding of 2,15,300 equity shares (3.31% of total share capital) in Atlas Cycles (Haryana) Limited. The sale was executed via inter-se transfer on 22.05.2026. Before the transaction, Limrose held 3.31% of voting rights. After the sale, their holding reduced to 0%. This appears to be an inter-se transfer between promoter group entities, possibly as part of a restructuring of the promoter shareholding pattern.
The complete exit of a promoter group entity from Atlas Cycles could indicate consolidation or restructuring of promoter holdings. This sale reduces the total promoter group stake, which may be viewed cautiously by retail investors as it suggests possible changes in the controlling shareholder structure.