BSECravatex LtdLowNeutral
Announced Wed, 19 Nov · 12:26 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajesh Batra

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rajesh Batra, part of the promoter/promoter group of Cravatex Ltd, disclosed an inter-se transfer of 20 equity shares (0.001% of total capital) on 18th November 2025. The shares were received by Rajesh Batra in his personal name from entities linked to him (BigTime Exports and GHira & Co.). The total shareholding of the promoter/promoter group remains unchanged at 19,38,120 shares (75.00%) before and after the transfer. This is purely an internal reshuffling of shares within the promoter family entities, with no impact on overall promoter ownership or control of the company.

Likely market impact

This is a routine internal family reallocation with no change in total promoter stake, so it has no material impact on shareholders or the stock price. Investors can disregard this as neutral corporate housekeeping.