BSEDevinsu Trading LtdMediumNeutral
Announced Fri, 20 Jun · 15:43 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunshine Fibre Pvt Ltd

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sunshine Fibre Private Limited acquired 91,493 equity shares of Devinsu Trading Limited, representing 18.30% of the company's total share capital, on 19 June 2025. Before this acquisition, Sunshine Fibre held NIL shares in the company; after the acquisition, it holds 91,493 shares (18.30%). The acquisition was carried out through an inter-se transfer as part of an internal arrangement between the promoters, since the promoters of Devinsu Trading are also the promoters of Sunshine Fibre and hold more than 50% of Sunshine Fibre. The total equity share capital of Devinsu Trading remains unchanged at Rs. 50,00,000 (5,00,000 equity shares of Rs. 10 each), meaning no new shares were issued and the transaction merely shifted shares between promoter group entities.

Likely market impact

This is an internal promoter group reshuffle with no change in total promoter ownership or share dilution, so there is no material impact on minority shareholders or the stock price. The 18.30% stake cements Sunshine Fibre's position within the promoter group of Devinsu Trading.