The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Smriti Agrawal & PACs
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On 23 December 2025, Smriti Agrawal and Pallavi Agrawal together transferred 46,47,275 equity shares (about 1.93% of equity capital) to Santosh Kumar Agrawal and Chandra Prakash Agrawal via an off-market inter-se transfer within the Agrawal promoter family. The shares were moved from Smriti Agrawal (23,49,775 shares) and Pallavi Agrawal (22,97,500 shares) to Santosh Kumar Agrawal and Chandra Prakash Agrawal respectively. After the transfer, Santosh Kumar Agrawal's holding rose from 3.689% to 4.663%, and Chandra Prakash Agrawal's rose from 35.967% to 36.919%. The total promoter and promoter group holding remains unchanged at 69.833%, confirming this is purely a family-level reshuffle to streamline assets and not a change in overall promoter control.
No impact on shareholders or stock price expected — this is an internal promoter family reallocation with no change in total promoter ownership, no open-market trading, and no pledge or encumbrance activity.