The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Saraogi Trust
BALRAMCHIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.1 pts less than Nifty Smallcap 250 and 2.6 pts less than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Saraogi Trust, part of the promoter/promoter group of Balrampur Chini Mills, acquired 42,84,531 equity shares (2.12% of total share capital) from Mr. Vivek Saraogi through a gift transfer on June 17, 2025. The shares were transferred without any consideration (zero cost) under a SEBI exemption order dated April 30, 2025, granted under Regulation 11(5) of the SAST Regulations. Before the transfer, Saraogi Trust held no shares; after the transfer, it holds 2.12% of the company. Importantly, the total promoter and promoter group shareholding of Balrampur Chini Mills remains unchanged — this is purely an internal reshuffle within the Saraogi family/promoter group.
Neutral for shareholders and stock price — this is an internal family reorganization within the promoter group with no change in total promoter ownership, no new money involved, and no impact on company control or minority shareholders.