The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cybele Industries promoters Joykutty and Annamma Joy are gifting their combined stake of roughly 36.18% (38,69,032 shares) to their two sons Thomas P Joy and George P Joy, who are also promoters. The transfer, to happen on or after 6 June 2025, is a no-cost gift (price: Nil) and is exempt from open offer obligations under Regulation 10(1)(a)(i) of SEBI Takeover Rules since it is among immediate relatives within the promoter group. After the transfer, Thomas P Joy's holding will rise from 13.79% to 31.82%, while George P Joy's will increase from 14.05% to 32.19%. The parents' holdings will drop to about 4.03% each. The aggregate promoter and promoter group holding remains unchanged at the existing level.
No change in total promoter control or voting power, so there is no open offer trigger and minimal direct impact on the stock price. For shareholders, this is simply an internal family reshuffle that consolidates ownership in the next generation of promoters (the two sons).