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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Vijaya Mani, a promoter of Colinz Laboratories Ltd, sold 3,78,000 equity shares off-market on May 21, 2026. The transaction reduced her holding from 12,48,500 shares (49.56%) to 8,70,500 shares (34.56%). This represents a 15 percentage point reduction in her promoter stake, with the company confirming no change to total equity share capital of Rs. 2,51,91,000. The disclosure was submitted under SEBI SAST Regulations 2011.
The promoter stake falling below 50% is a significant structural change. Selling nearly 30% of her existing holding via off-market transfer suggests either portfolio rebalancing or a strategic exit by the key promoter.