The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Azura Projects Pvt Ltd
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Azura Projects Private Limited, which is not part of the promoter group, sold 7,40,001 equity shares (4.89% of share capital) of Ekansh Concepts Ltd in the open market on September 11, 2025. This brought down their holding from 17,42,854 shares (11.52%) to 10,02,853 shares (6.63%). The transaction was carried out on BSE, and the disclosure was filed on September 15, 2025.
Since the seller is a non-promoter entity and the sale was done in the open market, this is a portfolio-level divestment rather than a promoter exit. Retail shareholders should view it as a routine stake reduction by an institutional/non-promoter holder, with no direct implication on company control.