The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hydra Trading Pvt Ltd & PACs
ELCIDIN · price
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Hydra Trading Private Limited, along with its Person Acting in Concert (PAC) Upnishad Holdings Private Limited, has filed a disclosure under SEBI SAST Regulation 29(2). On September 15, 2025, Hydra Trading sold its entire holding of 18,082 equity shares (9.041% of voting capital) in Elcid Investments to Upnishad Holdings via a block deal. The seller and PAC are not part of the promoter/promoter group. After the transfer, Hydra Trading holds 0 shares while Upnishad Holdings holds 18,082 shares (9.041%). The total shareholding of the combined group remains unchanged at 9.041%. Elcid's equity capital is 2,00,000 shares of Rs 10 face value.
Negligible impact on shareholders — this is a reshuffle between two entities acting in concert, with no change in ultimate ownership or total stake. Existing investors should not see any meaningful change in the shareholding pattern beyond a name swap.