The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for VSD Family Trust & PACs
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty 100 and 0.2 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On September 17, 2025, promoter Satish Reddy Kallam transferred 7.56 crore equity shares (9.06%) to VSD Family Trust, and promoter G V Prasad transferred 9.61 crore shares (11.51%) to GVP Family Trust, together moving 17.17 crore shares (~20.57%) via off-market transfer. This is a private family arrangement for succession planning and to streamline the family's assets and businesses, done under a SEBI exemption order from December 31, 2024. The total share capital of the company remains unchanged at 83.46 crore equity shares of Rs. 1 each. The filing explicitly clarifies that the total promoter shareholding remains unchanged at 26.64% (22.23 crore shares) before and after the transfer, since the trusts are part of the promoter group.
This is a neutral event for retail shareholders and the stock - it is purely an internal reshuffle within the promoter group that does not alter total promoter control or voting power. No shares hit the open market and there is no change in the company's share capital or earnings outlook.