BSECraftroot Retail LtdHighNeutral
Announced Tue, 30 Jun · 10:46 IST

Dhruvin Shah acquires 6.57% stake in Craftroot Retail, becomes new promoter

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dhruvin Shah acquired 2,20,114 shares (6.57%) of Craftroot Retail via a Share Purchase Agreement (December 12, 2025) and open offer (February 7, 2026). He held 0% before this. Though not originally a promoter, he became the new promoter after the open offer completed on June 25, 2026. Total share capital is 33.5 lakh shares.

Likely market impact

Signals a change in control at Craftroot Retail. New promoter holds 6.57%, well below 50% threshold - watch for further stake build-up.