Bharat Rasayan Limited has informed the Exchange regarding 'Disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - BHARATRAS'.
BHARATRAS · price
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Bharat Rasayan Limited informed the exchange about an inter-se transfer of 1,500 equity shares (0.0361% of share capital) between two promoter group entities, Centum Finance Limited (transferee) and BRL Finlease Limited (transferor), to be executed on 27 June 2025 through an on-market transaction. The transfer is exempt from an open offer under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011, as the aggregate promoter and promoter group shareholding remains unchanged before and after the transfer. Post-transaction, Centum Finance's holding rises marginally from 3.1742% to 3.2103%, while BRL Finlease's holding drops from 2.7476% to 2.7115%. The 60-day volume weighted average market price is ₹9,733.25.
This is a routine internal reshuffle within the promoter group with no change to total promoter shareholding, so it has no material impact on the stock price or minority shareholders. It signals promoter stability rather than any change in control or confidence.