The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Limrose Engineering Work Pvt
ATLASCYCLE · price
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Limrose Engineering Work Private Limited, part of the promoter group of Atlas Cycles (Haryana) Ltd, has disclosed a reduction in its shareholding via an inter-se transfer dated September 17, 2025. The entity sold 3,00,000 equity shares (4.61% of paid-up capital), bringing its holding down from 5,15,300 shares (7.92%) to 2,15,300 shares (3.31%). This is an intra-promoter-group transfer rather than an open market sale. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. No encumbrance or pledge activity is involved in this transaction.
Since the transfer is inter-se (within the promoter group), the total promoter group holding in Atlas Cycles remains unchanged—this is an internal reshuffle rather than a promoter exit. Retail investors are unlikely to see a direct stock price impact, but total public (non-promoter) shareholding effectively reduces, which may marginally affect liquidity.