The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Santosh Kumar Agrawal & Others
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Awaiting price reaction for this filing.
On 23 December 2025, promoters Santosh Kumar Agrawal and Chandra Prakash Agrawal together acquired 46,47,275 equity shares (1.926% of paid-up capital) from Smriti Agrawal and Pallavi Agrawal via an off-market inter-se transfer. This is a private, internal family arrangement among the Agrawal promoter group solely to streamline family-held assets. As a result, Santosh Kumar Agrawal's holding rose from 3.689% to 4.663%, Chandra Prakash Agrawal's from 35.967% to 36.919%, while Smriti and Pallavi Agrawal's holdings dropped to 0.083% each. The combined promoter and PAC holding remains unchanged at 69.833% of the company.
This is a routine internal reshuffle within the promoter family with no change in total promoter control or voting power, so it is unlikely to have any material impact on the stock price or minority shareholders.