Disclosure under Regulation 29(2) of SEBI (SAST) Regulations 2011.
Awaiting price reaction for this filing.
Westend Developers Limited, a public shareholder (not part of the promoter/promoter group) of Aananda Lakshmi Spinning Mills Ltd, has sold 1,69,000 equity shares (4.83% of total share capital) through an off-market transaction on 30th March 2026. Before the sale, Westend Developers held 3,38,000 shares (9.66%); after the sale, its holding stands at 1,69,000 shares (4.83%). The company's total equity share capital remains unchanged at Rs. 3,49,92,700 divided into 34,99,270 equity shares of Rs. 10 each. The disclosure was filed under SEBI (SAST) Regulations 2011 to report the disposal.
This is a reduction in stake by a non-promoter public shareholder, dropping their holding from 9.66% to 4.83% (below the 10% disclosure threshold). It indicates a change in the shareholder base but has no direct impact on promoter holding or company control. Retail investors may view this as a routine large-shareholder exit with no change in management or business.