The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajinder Singh Chadha
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Promoter Mr. Rajinder Singh Chadha acquired 13,88,590 equity shares (13.61% of paid-up capital) of Chadha Papers Ltd from Mrs. Jatinder Kaur Chadha, another promoter and immediate relative, through an off-market gift transaction on November 20, 2025. No consideration was paid as it was a family gift. Following this transfer, Rajinder Singh Chadha's stake rose from 32.06% (32,72,254 shares) to 45.67% (46,59,844 shares), while Mrs. Jatinder Kaur Chadha's holding went to zero. The disclosure was filed under Regulation 10(6) of SEBI SAST Regulations, as the inter se transfer between immediate relatives is exempt from open offer requirements under Regulation 10(1)(a)(i).
This is a reshuffling of promoter holdings within the family and does not change total promoter ownership in the company. No open offer is triggered. Share price is unlikely to be materially impacted as no money changed hands and the shareholding remains within the promoter group.