The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ishwar Chand Agarwal & Others
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Ishwar Chand Agarwal and other promoter group members of Genus Paper & Boards have carried out an inter-se transfer of equity shares between 26.12.2025 and 29.12.2025. A total of 1,35,46,124 shares (5.268% of paid-up capital) were transferred within the promoter group. Ishwar Chand Agarwal sold 1,07,78,991 shares (4.192%) and acquired 27,67,133 shares (1.076%), ending with 71,47,340 shares (2.780%). Anju Agarwal acquired 62,80,483 shares (2.443%) and Monisha Agarwal acquired 44,98,508 shares (1.750%), while Narayan Prasad Todi and Seema Todi exited partially. The aggregate promoter group holding remains unchanged at 13,07,23,860 shares (50.840%) before and after the transaction, as the transfer is a reshuffle within the promoter family.
Since the total promoter group stake remains unchanged at 50.840%, this is a routine internal reshuffle and is unlikely to have any material impact on the stock price or minority shareholders. The promoter group continues to hold a majority stake above the 50% threshold.