The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijaya Mani
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Promoter Vijaya Mani sold 3,78,000 shares of Colinz Laboratories Ltd through an off-market transaction on May 21, 2026. Following this sale, her holding dropped from 12,48,500 shares (49.56%) to 8,70,500 shares (34.56%) of the company's total share capital of Rs. 2,51,91,000. The equity share capital remained unchanged before and after the transaction. This represents a significant reduction of approximately 15 percentage points in promoter holding.
The promoter's stake falling below 35% is negative for existing shareholders as it signals a reduction in promoter commitment. The large off-market sale of over 3.78 lakh shares may indicate reduced confidence by the promoter group in the company's near-term prospects.