Bharat Rasayan Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
BHARATRAS · price
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Centum Finance Limited (part of the promoter group) acquired 1,500 equity shares of Bharat Rasayan Limited from BRL Finlease Limited, another promoter group entity, at ₹10,500 per share. This is an inter-se transfer within the promoter group, exempt from open offer requirements under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011. The transaction represents just 0.0361% of the company's diluted share capital. Post-transaction, Centum Finance's holding rose slightly from 3.1742% to 3.2103%, while BRL Finlease's holding declined from 2.7476% to 2.7115%. The total promoter group shareholding remains unchanged as this is merely a reshuffling within the promoter family.
No material impact on overall promoter shareholding or stock price expected, as this is an internal reshuffle within the promoter group entities. Retail investors should note that the total promoter stake in the company remains the same.