The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Smriti Agrawal & Others
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Smriti Agrawal (Promoter Group) transferred 23,49,775 equity shares (0.974% of capital) to Santosh Kumar Agrawal (immediate relative) on 23 December 2025 via an off-market inter-se transfer. Separately, Pallavi Agrawal transferred 22,97,500 shares (0.952%) to Chandra Prakash Agrawal. As a result, Smriti Agrawal and Pallavi Agrawal each dropped to 0.083% holding, while Santosh Kumar Agrawal rose to 4.663% and Chandra Prakash Agrawal rose to 36.919%. The total promoter and promoter group holding remains unchanged at 69.833%, confirming this is purely a private family asset reshuffle, not a change in promoter control.
No impact on overall promoter holding or control of the company. This is a routine internal family transfer with no effect on minority shareholders or stock price, as disclosed under SEBI SAST Regulations.