Sheetal Shah acquires 5.53% in Craftroot Retail, becomes new Promoter
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Sheetal Shah has acquired 1,85,314 shares (5.53%) of Craftroot Retail Ltd pursuant to a Share Purchase Agreement dated 15 December 2025 with six existing shareholders, followed by an Open Offer dated 7 February 2026. The acquisition was completed on 25 June 2026. She held no shares before the deal and is now classified as a new Promoter of the company. Total equity capital stands at Rs 3.35 crore (33.5 lakh shares of Rs 10 each). No encumbrance or pledge is involved.
Change of control event: a new promoter has entered via SPA and open offer. Watch for board reshuffle and strategy shifts under new promoter.