The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunshine Fibre Pvt Ltd
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Sunshine Fibre Private Ltd, part of the promoter group of Devinsu Trading Ltd, has disposed of its entire holding of 30,500 equity shares (6.10% of voting capital) on 19 June 2025 via an inter-se transfer. The transfer was carried out as an internal arrangement between the promoters, where the promoters of the target company are also the promoters of the acquirer entity and collectively hold more than 50% of the acquirer. Post-transaction, Sunshine Fibre's holding in Devinsu stands at Nil. The total equity share capital of Devinsu remains unchanged at ₹50 lakh (5,00,000 shares of ₹10 each).
This is essentially an internal reshuffle within the promoter group and does not change the overall promoter shareholding in Devinsu Trading Ltd. Retail investors should note that no shares have been sold to the open market, so there is no dilution of promoter control or change in the public float.