Announced Tue, 30 Jun · 10:49 IST
Seher Retail acquires 5.43 percent in Craftroot, becomes promoter at 9.67 percent
Promoter Stake BuyCreeping Acquisition Near ThresholdPromoter Below 50pctOwnership Changes View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Seher Retail Pvt Ltd acquired 1,81,874 shares (5.43 percent) in Craftroot Retail via a Share Purchase Agreement signed Dec 2025 and an open offer dated Feb 2026. Total holding rose from 4.24 percent to 9.67 percent (3,23,974 shares). Seher Retail became the new promoter of Craftroot Retail after the open offer closed on June 25, 2026. No encumbrance on shares.
Likely market impact
Seher Retail is now promoter with nearly 10 percent holding. Further acquisitions could trigger the 10 percent creeping acquisition disclosure threshold.