The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Khuteta & PAC
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Raj Khuteta, part of the promoter group of Continental Securities Ltd, along with persons acting in concert (PACs), has acquired 6,79,035 equity shares on December 16, 2025. The mode of acquisition is by way of gift, not an open market purchase. The acquirer's direct holding rose from 42,500 shares (0.15%) to 7,21,535 shares (2.47%) of the company. The combined promoter group (all PACs) holds around 1,05,52,581 shares, roughly 1.80% of the company's total equity share capital of 5,85,06,000 shares. The disclosure was filed under Regulation 29(1) and 29(2) of the SEBI Takeover Regulations, 2011.
This is a non-cash internal transfer by way of gift within the promoter family, so it has no direct cash impact on the company. The promoter group's overall stake in Continental Securities remains very small at under 2%, meaning it is well below the 50% threshold and offers limited support to the stock from promoter holding.