The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arvind Singhania & PACs
ESTER · price
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Arvind Singhania, a promoter of Ester Industries, sold 1,876,000 equity shares (1.92% of total capital) to M/s. MOVI Limited, another promoter-group entity, through a block deal on 19 November 2025. After this transfer, Mr. Singhania's individual stake fell from 2.70% to 0.78%, while MOVI Limited's stake rose from 5.97% to 7.89%. The aggregate shareholding of the entire promoter and PAC group remained unchanged at 62.73% (61,214,713 shares), confirming this is an internal reshuffle among promoter-family entities rather than any change in overall promoter control of the company.
No impact on overall promoter control or public shareholding pattern; this is a housekeeping inter-se transfer that reallocates shares within the promoter family and should not affect the stock price.