The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Millars Machinery Company Pvt Ltd & PACs
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On August 28, 2025, Pragna Patel (part of the promoter group) transferred 25,000 equity shares (0.06% of paid-up capital) to Millars Machinery Company Pvt Ltd, another promoter group entity, through an off-market inter se transfer. Pragna Patel's individual holding dropped from 0.11% to 0.05%, while Millars Machinery's holding rose from 9.65% to 9.71%. The overall promoter and promoter group shareholding remains unchanged at 25.18% of total paid-up capital. This is purely an internal reshuffling of shares among promoter family members and entities, with no impact on the total promoter stake in the company.
This is a routine internal reorganisation within the promoter family and does not change the total promoter ownership. Shareholders should see no material impact on the stock from this disclosure as voting control remains the same.