Karanbhumi Estates Private Limited ,Kritikka Infrastructure Private Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
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Karanbhumi Estates Private Limited and Kritikka Infrastructure Private Limited, both 100% owned by promoter Mr. Sameer Gehlaut, reported an internal promoter group share transfer in Yaari Digital Integrated Services Limited. A total of 1,88,74,064 equity shares (18.80% of paid-up capital) were transferred on May 8, 2025 at INR 12.52 per share (NSE closing price on that date) from four other promoter group entities (Jyestha Infrastructure, Calleis Constructions, Calleis Real Estate, Calleis Properties). Post-transaction, Kritikka Infrastructure's stake rose from 8.51% to 17.27%, and Karanbhumi Estates' stake moved from nil to 10.04%. The deal qualifies for exemption from open offer under Regulation 10(1)(a)(ii) of SEBI SAST Regulations as it is a restructuring within the promoter group, with the earlier Regulation 10(5) disclosure filed on April 29, 2025.
Total promoter shareholding in Yaari Digital remains unchanged as this is purely an internal reorganisation of promoter group entities, not a change in ultimate promoter control. No open offer obligation triggered. Shareholders should see this as a neutral housekeeping event with no dilution or change in promoter voting power.