The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sashi Harlalka
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Awaiting price reaction for this filing.
Sashi Harlalka, a member of the promoter group, received 25,110 equity shares through a Bonus Issue on 11-04-2025, representing 0.11% of the expanded equity capital. Post-allotment, her individual holding stands at 53,010 shares (0.23%). This is not a market purchase — it is a free allotment of bonus shares, with the company's total share count rising from 1.19 crore to 2.26 crore equity shares. The total promoter and promoter group holding remains at 64.02%, with Bonanza Agency LLP (45.63%) and Talent Investment Company (12.07%) being the largest holders. The filing is a routine regulatory disclosure triggered by the bonus allotment, not a fresh acquisition in the market.
Neutral for shareholders — this is a paper-level increase in holding due to bonus entitlement, with no cash outflow or change in actual ownership proportion. No price impact expected as it reflects a corporate action already announced.