The Exchange has received the revised disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Mundhra & PACs
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Manju Mundhra and PAC Naresh Kumar Mundhra (non-promoter group) filed a revised disclosure under SEBI SAST Regulations correcting an earlier error dated 02.03.2026. The corrected number of shares sold by Naresh Kumar Mundhra is 4,92,429 (0.07%) instead of the originally reported 10,00,000 (0.15%). In the same transaction, Manju Mundhra acquired 1,10,00,000 shares (1.71%) via open market on 26.02.2026. The combined post-transaction holding of the acquirer and PAC stands at 3,73,15,304 shares (5.81%) of the company, up from 4.17% prior, effectively crossing the 5% disclosure threshold for the first time.
This is an internal reshuffling within a non-promoter PAC group, with a net addition of about 1.64% to their combined holding via open market purchases. The revision only corrects the seller's quantity; the buyer's acquisition is unchanged. No open offer trigger, but the group has crossed 5% combined holding, which they must disclose and monitor for further creeping acquisition limits.