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 Limited, a promoter group entity of Devinsu Trading Ltd, has disclosed disposal of its entire 30,493 equity shares (6.10% of paid-up capital) in the company on 19 June 2025. The transaction was carried out as an inter-se transfer pursuant to an internal arrangement between the promoters, as the promoters of Devinsu Trading are also the promoters of Sunshine Fibre and collectively hold more than 50% of the Acquirer Company. After the sale, Sunshine Fibre's holding in Devinsu Trading stands reduced to nil. The total equity share capital of Devinsu Trading remains unchanged at Rs. 50 lakh (5,00,000 shares of Rs. 10 each).
Since the shares were moved between promoter group entities (inter-se transfer), the aggregate promoter ownership in Devinsu Trading does not change, making this a neutral internal restructuring event with limited impact on minority shareholders or stock price.