The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G Suresh
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Mr. G. Suresh, a promoter of CG Vak Software & Exports Ltd, acquired 4,06,350 shares (8.05% of diluted share capital) through transmission from fellow promoter Mr. C. Ganapathy on 25th February 2026. The transaction was carried out under Regulation 10(1)(g) exemption, meaning no open offer was triggered. Following this, G. Suresh's individual holding rose from 18.85% (9,52,060 shares) to 26.90% (13,58,410 shares), while C. Ganapathy's holding dropped from 8.05% to 0%. The overall promoter group holding remains unchanged as the shares were merely reallocated within the family through transmission (typically inheritance), not a market purchase.
No material impact on share price expected — this is an internal reshuffling of promoter holdings via transmission (likely inheritance), not a fresh market purchase or sale. The total promoter group stake in the company remains the same, and no open offer obligation has been triggered.