�Central India Industries Limited, Ashok Investment Corporation Ltd, Shakhavati Investments and transfers Ltd, Gwalior Finance Corporation Ltd�has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
BIRLANU · price
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BirlaNu Limited has informed the exchanges about an internal reshuffle within its promoter group. Four promoter entities — Central India Industries, Ashok Investment Corporation, Shekhavati Investments & Traders, and Gwalior Finance Corporation — will together acquire up to 9,06,360 shares (up to 12.02% of equity capital) from Orient Paper and Industries Limited, another promoter group member. The largest buyers are Central India Industries and Shekhavati Investments, each picking up up to 4.40%. The transaction is being done in one or more tranches on or after 29 May 2025 at a price within SEBI's prescribed range (around the 60-day VWAP of ₹1,915). Since both buyer and seller belong to the promoter group, this is classified as an inter-se transfer and is exempt from the mandatory open offer requirement.
This is purely an internal reorganisation within the promoter family — the total promoter shareholding in BirlaNu does not change, so there is no dilution or change in control. Retail investors should not expect any impact on stock price or ownership structure; the transfer is procedural housekeeping among related entities.