The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sumedh Tools Pvt Ltd
BELRISE · price
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Sumedh Tools Private Limited, part of the promoter group of Belrise Industries, sold its entire holding of 5,83,43,040 equity shares (6.56% of paid-up capital) on December 23, 2025 through a block deal on NSE. Before the sale, Sumedh Tools held 6.56% (5.83 crore shares); after the sale, its holding is nil, meaning it has fully exited the company. The face value of shares is Rs. 5 each. The transaction was carried out at the market through a block deal window, which typically involves negotiated trades between institutional buyers and sellers.
A promoter group entity completely exiting its 6.56% stake may create short-term supply pressure on the stock, though the block deal mechanism ensures the shares are absorbed by identified buyers. Investors should monitor whether other promoter group entities also plan to reduce holdings, as this could signal broader promoter reorganisation or exits.