The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rama Investment Company Pvt Ltd<BR>
DALBHARAT · price
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Keshav Power Limited, a promoter group entity of Dalmia Bharat Ltd, transferred 7,21,000 shares (0.38% of equity) to two other promoter group entities via on-market block deals: 3,88,000 shares to Rama Investment Company Pvt Ltd on 24 March 2026 and 3,33,000 shares to Dalmia Bharat Refractories Ltd on 25 March 2026. Both acquirers belong to the promoter group, and the transfer is a routine internal reorganisation between promoter family-controlled entities. As a result, Keshav Power's stake fell from 36.42% to 36.04%, while the combined PAC holdings rose from 19.42% to 19.80%. The aggregate promoter group holding remains unchanged at 55.84% of equity capital (10,47,31,548 shares), so there is no change in total promoter ownership or public float.
No material impact on shareholders or the stock price — this is an internal reshuffle of shares within the promoter group, with no change in total promoter stake, voting power, or public float. Investors should view this as a routine portfolio reorganisation, not a directional signal on the company.