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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
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.