Disclosure under regulation 29(2) of SEBI (SAST) Regulations 2011.
Awaiting price reaction for this filing.
Promoter Mr. Devender Kumar Agarwal has increased his stake in Aananda Lakshmi Spinning Mills by acquiring 1,69,000 equity shares (4.83% of total capital) through an off-market transaction on 30th March 2026. His holding has risen from 14,86,088 shares (42.47%) to 16,55,088 shares (47.30%) of the company. The total equity share capital remains unchanged at Rs. 3,49,92,700 divided into 34,99,270 shares of Rs. 10 each. This disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
This is a promoter share purchase that signals insider confidence in the company, though the promoter remains below the 50% threshold. The acquisition of 4.83% is close to the SEBI creeping acquisition limit of 5% per financial year, and brings the promoter near 50%, which could attract further regulatory attention for any future acquisitions.