The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhavesh Dadhia & PACs
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Mr. Bhavesh Dadhia and Persons Acting in Concert (Yogesh Dadhia, Neha Dadhia, Urmila Ramesh Dadhia, Ramesh Dadhia) have sold their entire holding of 1,63,800 equity shares in Synthiko Foils Limited, representing 9.41% of the company's share capital. The transaction was executed on 21.08.2025, reportedly through an off-market inter-set transfer. Post-transaction, the promoter group's holding in the company stands at Nil (0%), meaning a complete exit from the company.
This is a significant event as the promoter group has fully exited the company, leaving it without any identified promoter holding. This could impact stock price sentiment, governance, and future strategic direction. Shareholders should watch for any new promoter induction or change in management control.