The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Central India Industries Ltd & Others
BIRLANU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Orient Paper and Industries Limited (a promoter group member) sold its entire 8,06,360 equity shares (12.02% of share capital) in Birlanu Limited to four other promoter group entities on 29 May 2025. The buyers are Central India Industries Ltd (4.40%), Ashok Investment Corporation Ltd (0.58%), Shekhavati Investments and Traders Ltd (4.40%), and Gwalior Finance Corporation Ltd (2.63%). The deal was done via block-deal on the stock exchange pursuant to a Share Purchase Agreement dated 22 May 2025. Total promoter group holding remains unchanged at 30,59,212 shares (40.57% of share capital) — this is purely an internal restructuring within the promoter group.
No material impact on shareholders or stock price since the total promoter group stake and overall shareholding pattern remain unchanged. It is a reshuffle within the promoter family and does not signal any change in control or fresh promoter buying from the market.