The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Isisales India Pvt Ltd & Others
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Isisales India Private Limited, part of the promoter group of India Homes Ltd, has disclosed a sale of 12,32,605 equity shares (0.310% of total share/voting capital) through an off-market transfer under Regulation 29(2) of SEBI Takeover Regulations. Before the sale, the promoter group's combined holding stood at 34.790% (Isisales held 2.814% and other promoters held 32.286%). After this transaction, the promoter group's total holding reduces to roughly 34.48% of the company. Other promoters did not sell any shares in this transaction.
This is a small promoter offload (under 1%) via off-market transfer, so there is no mandatory open offer trigger. The promoter group continues to hold around 34.5%, remaining well below the 50% mark, which is a neutral-to-mildly-negative signal for retail investors depending on the reason for the transfer.