Announced Tue, 30 Jun · 10:47 IST
Dakshesh Shah acquires 5.82% stake, becomes promoter of Craftroot Retail
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Dakshesh Rameshchandra Shah acquired 1,95,114 shares (5.82%) of Craftroot Retail Ltd through a Share Purchase Agreement dated December 15, 2025 and an open offer dated February 7, 2026. His holding rose from 4.29% (1,43,700 shares) to 10.11% (3,38,814 shares). Following the close of the open offer on June 25, 2026, he has been classified as the promoter of the company. The equity capital remains at 33,50,000 shares of Rs 10 each.
Likely market impact
New promoter holds only 10.11%, indicating low promoter control and possible further changes in shareholding or management going forward.