The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chandni Machines Ltd
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Chandni Machines Ltd, part of the promoter/promoter group of Candour Techtex Ltd, has disclosed the acquisition of 4,27,588 equity shares (2.28% of total share capital) through open market purchases on 30-09-2025. This is a disclosure under Regulation 29(2) of SEBI Takeover Regulations, 2011. With this purchase, the promoter group's holding in Candour Techtex has increased from 61,69,411 shares (32.89%) to 65,96,999 shares (35.17%) of total share capital, or 34.43% on a diluted basis. The total equity share capital remains unchanged at Rs.18,75,67,380 divided into 1,87,56,738 equity shares of Rs.10 each.
This is a positive signal showing promoter group confidence in the company through open market buying. Shareholders may view this as a vote of confidence from insiders, though the holding is still well below 50%, meaning promoter control remains moderate.